Quote from: justdimin on September 03, 2024, 05:14:42 PM

Quote from: Akbarkoe on September 02, 2024, 07:19:37 AM

I am also quite confident about solana, although it does not overtake Ethereum, it is likely to be close below it if the growth of the solana ecosystem increases in any field that will make them continue to grow and be in demand by the market that needs it.

The protocols that are built are already quite a lot and it is only a matter of increasing adoption to be even wider, but what is an obstacle in my thinking about solana is their network that has problems, we know some time ago when this Blackchain had many users making the network crash and die for some time, if this problem is resolved and will never happen again on the blockchain it will be better for solana.

I do believe the opposite, because I think SOL doesn't have what it takes to stay low and because of that I honestly think that it is going to have some issues as well, a lot of people think the same because they are not investing into it by any mistakes, it is not clear what we are going to do and how we are going to move, so we should be a lot more careful with it.

I think SOL will get worse, and it will drop in rank as well, I do not think that it will drop in rank because the price will fall, I think price will go up, but I think other coins and tokens will have higher increases and SOL will have a small increase. Same logic as XRP basically, it didn't do that badly, but others did better, same will happen for SOL as well. Because I think it's way too centralized to make it stay high, while we do use some centralized stuff like BNB, at least it has binance exchange behind it, SOL is just some people controlling the whole chain, which is not okay.

Yep right, maybe some problems can have a cure or not, and the business mechanism in the crypto industry with its anonymity and control that is exemplified by the existence of bitcoin which upholds the full decentralization of assets that no one controls bitcoin, of course this will not be logical in talking like that.

But if we encode with Ethereum which is the same mechanism, which is centralized, although it is still said to be not worth comparing, but in my opinion it works the same way, many people see Ethereum in the concept of business, as well as SOL which is a business that needs control that requires centralization.
Whether or not we will see how far the Solana network will survive and grow in the various market cycles of this industry.