I do not think that Solana will attract any investors with an unstable blockchain that keeps crashing and has to be restarted every time. Cheap and scalable means nothing when the blockchain itself is unreliable.
Blockchain blackouts aside, what other use case does Solana have which Ethereum does not? Its majority use cases are for meme NFTs, which will fizzle out over time when the community gets bored of them.
Although Solana might have a future with blockchain gaming.
Blockchain blackouts aside, what other use case does Solana have which Ethereum does not? Its majority use cases are for meme NFTs, which will fizzle out over time when the community gets bored of them.
Although Solana might have a future with blockchain gaming.
What about Firedancer/Frankendancer? The new node implemention by Jump Crypto written in C aims to fix network stability issues once and for all. It also aims to improve network performance. As far as I know, Firedancer already launched in Testnet. It should only be a matter of time before it's deployed to the mainnet.
Can you imagine if this works? Then Solana will become a major ETH contender in the long run. I think it's worth buying just because there's hope it'll improve in the future. Having some SOL in your portfolio wouldn't hurt. I'd diversify my investment to play it safe. Who knows? Maybe SOL will reach a new ATH soon. With "meme" coins, gaming, and NFTs getting overhyped on the Solana chain, anything's possible.
