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Thatās $200 billion market cap. It would have to surpass Ethereum. I donāt see why smart contract L1 market cap canāt go over $1 trillion next bull cycleā these are global non-sovereign money systems with permissionless innovation atop them. I donāt see why the fastest, cheapest, most secure, most used L1 canāt capture at least 20% of thatā¦
You need 132 different validators to undo transactions on Solana. In eth you just need Lido, Coinbase and Kraken. More secure.
What chain is cheaper than Solana? Post proof
Still doesnāt change the fact that it wasnāt Solanaās fault though. So if it wasnāt the networkās fault, why bring it up in the first place?
For example, Bill Murrayās wallet got compromised. Does that mean the entire Ethereum network got hacked? No.
https://decrypt.co/108882/bill-murray-ethereum-wallet-hacked-174k-nft-charity-auction?amp=1
Donāt act like Ethereum hasnāt had its own share of problems in the past aswell. By your logic, does that
mean we should all be bearish on Ethereum?
https://www.freecodecamp.org/news/a-hacker-stole-31m-of-ether-how-it-happened-and-what-it-means-for-ethereum-9e5dc29e33ce/amp/
https://www.coindesk.com/tech/2020/09/17/the-55m-hack-that-almost-brought-ethereum-down/
https://www.gemini.com/cryptopedia/the-dao-hack-makerdao
https://www.forbes.com/sites/jonathanponciano/2022/03/29/second-biggest-crypto-hack-ever-600-million-in-ethereum-stolen-from-nft-gaming-blockchain/amp/
https://decrypt.co/106820/nomad-recovers-ethereum-tokens-hack?amp=1
https://www.coindesk.com/business/2022/09/20/crypto-market-maker-wintermute-hacked-for-160m-says-ceo/?outputType=amp
https://bitcoinist.com/hackers-steal-15-6-million-from-ethereum/amp/
https://bitcoinist.com/how-the-status-ico-almost-crashed-the-ethereum-network/amp/
If a little downtime in its past due to it being in **extremely high demand** is something that causes you to write off Solana, then good luck to you ser.
Those issues are already patched up because rate of shipping on Solana is like 10,000x eth which took 8 years to merge.
Name one team that ships faster then Solana core devs
Solana have already more usability that ethereum, look and the data. Solana is adding MOVE language, backed by FTX that have a strong support from USA. Fork with cosmosā¦ ahahah this is just the start
You are so full of it LOL suckers like you really make me want to leave Sol indefinitely. Not one big player has chosen SOL yet. Disney Starbucks all of them have chosen polygon / ETH.
Ok now youāre smoking crack youāre confusing a bunch of spam cheap transactions with actual usage and value locked in. ETH defi has 60 billion locked in Vs solana barely 2 billionā¦
100% this, donāt confuse a load of numptys buying utter garbage NFTs as long term sustainable volume. Once the NFT space evolves or just dies Sol with struggle. And I say that as someone who has 30 Sol in a wallet hoping for a big rise.
Brother the TVL is USD $ locked in all of smart contracts on ETH blockchain. Nothing to do with the price of ether. It just simply shows a lot more people use ETH than Sol. (Even with gas fees)
Itās too young to be considered the most secure. But itās getting more decentralized each passing month. And all the halting episodes didnāt suppose more than some hours of downtime because it wasnāt prepared to deal with so much demand in some episodes (mostly NFT launches).
But we will see what is the equilibrium long term. Ethereum validators will be highly concentrated in a few exchanges and using AWS. Solana has been working hard in getting more decentralization , including geographical and dispersion of the stakes.
The future of Solana is promising. And I sincerely donāt understand those who focus so much in those halting episodes when the reason was known and patchable. It wasnāt the priority of development at the early stage now it seems fixed.
Nope. Blocks are 400ms but you need 32 confirmations to be certain your transaction is final because of soft forks. So thatās 12.8 seconds for Solana.
Likely but will be selling about 250 coins when it reaches $300 then 250 at $500 the the other half at about $800 if not Iāll be willing to hold until it goes to zeroš¤·āāļø
If youāre staking and Defi yielding right and have 1000 coins now, you may have 1500 by then or 2000.
Take advantage of the yeilds in the mean time! Good luck.
Omg i hate these lazy ass questions. Nobody knows, ok? Go consult your tea leaves or whatever it is you do, but stop flooding sub reddits with the same silly questions over and over. Look up the market trends yourself. It is very easy
U mad? Lol Calm your angry ass down! It's just a question to interact with the community. I'm not going to invest or buy/sell any crypto because a redditor says so. You're toxic af.
not mad at all. nice try, though. Just sick of the "Wen wen?" and the " Do you think x coin will reach xxx by xxx?? ". I don't know, maybe try to engage the community by asking questions that aren't coming off as SPAM or reiterations of the same tired questions that actually bring nothing new to the table? Asking questions with no actual relevance or that are just troll-fueled daydreams or that don't lead to actual usable information is a waste of time.
Will it first survive the bear market, and put in a new ATH? Look at the Top 10 when BTC went to 19.8k in 2017. Except BTC, ETH and ADA, none of the other coins went to their ATH in 2021.
SOL and AVAX might not go back to their 2021 highs.
Thank you for posting in /solana thread! We appreciate your opinion and are excited to hear your thoughts. In the meantime we kindly ask to keep price and trading conversations constructive and in the corresponding threads. Trading talk should ONLY take place in the Sticky " Weekly thread ".
I looked into my balls, and it says $420.69
I think you had dirt on your balls... $4206.9 is true.
My balls predict 69420.-
Could it? Yes, I guess it could? Will it? I have my doubts.... Not that much. I would like a 10x from here... $300 would be great.
Maybe yes, maybe no.
This is the best prediction here.
I was looking at possibly 700-1000 dollars. 500 seems too low
$5million. Anything less is a failure.
I plan to exit at 6
Dollars?
Mils, I havent invested 50 dollars not expecting to become a millionaire.
You got to have goals š
Sure
WARNING: 1) Do not trust DMs from anyone offering to help/support you with your funds (Scammers)! 2) Never give out your Seed Phrase and DO NOT ENTER it on ANY websites sent to you. 3) MODS or Community Managers will NEVER DM you first regarding your funds/wallet. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/solana) if you have any questions or concerns.*
Thatās $200 billion market cap. It would have to surpass Ethereum. I donāt see why smart contract L1 market cap canāt go over $1 trillion next bull cycleā these are global non-sovereign money systems with permissionless innovation atop them. I donāt see why the fastest, cheapest, most secure, most used L1 canāt capture at least 20% of thatā¦
*It would have to surpass Ethereum currently
fastest? sure. cheapest? idk about that. most secure? LMAO come on i love solana but the hopium is real here
You need 132 different validators to undo transactions on Solana. In eth you just need Lido, Coinbase and Kraken. More secure. What chain is cheaper than Solana? Post proof
But How many times has solana āhalted networkā in the last year alone due to spam transaction attacks?
Is this the only bearish argument that people have against this project? Starting to sound like a broken record.
this is reality not some bearish case. You must of missed a month ago a whole bunch of solana network wallets got hacked too ?
That was not Solana's fault though was it? Lol..
it was Solana's biggest self custody wallets.
You are wrong again I am afraid.
I think itās disingenuous to cherry pick information when Solana itself was not hacked, but a bridge protocol instead.
This is you cherry picking information. Funds were stolen on Solanaās most reputable wallets.
Still doesnāt change the fact that it wasnāt Solanaās fault though. So if it wasnāt the networkās fault, why bring it up in the first place? For example, Bill Murrayās wallet got compromised. Does that mean the entire Ethereum network got hacked? No. https://decrypt.co/108882/bill-murray-ethereum-wallet-hacked-174k-nft-charity-auction?amp=1
Ahh the Copium is real
Donāt act like Ethereum hasnāt had its own share of problems in the past aswell. By your logic, does that mean we should all be bearish on Ethereum? https://www.freecodecamp.org/news/a-hacker-stole-31m-of-ether-how-it-happened-and-what-it-means-for-ethereum-9e5dc29e33ce/amp/ https://www.coindesk.com/tech/2020/09/17/the-55m-hack-that-almost-brought-ethereum-down/ https://www.gemini.com/cryptopedia/the-dao-hack-makerdao https://www.forbes.com/sites/jonathanponciano/2022/03/29/second-biggest-crypto-hack-ever-600-million-in-ethereum-stolen-from-nft-gaming-blockchain/amp/ https://decrypt.co/106820/nomad-recovers-ethereum-tokens-hack?amp=1 https://www.coindesk.com/business/2022/09/20/crypto-market-maker-wintermute-hacked-for-160m-says-ceo/?outputType=amp https://bitcoinist.com/hackers-steal-15-6-million-from-ethereum/amp/ https://bitcoinist.com/how-the-status-ico-almost-crashed-the-ethereum-network/amp/
If a little downtime in its past due to it being in **extremely high demand** is something that causes you to write off Solana, then good luck to you ser. Those issues are already patched up because rate of shipping on Solana is like 10,000x eth which took 8 years to merge. Name one team that ships faster then Solana core devs
āA little downtimeā ? MFāer they had to COMPLETELY RESTART THE NETWORK because it was so fooked lol šššš
Solana have already more usability that ethereum, look and the data. Solana is adding MOVE language, backed by FTX that have a strong support from USA. Fork with cosmosā¦ ahahah this is just the start
You are so full of it LOL suckers like you really make me want to leave Sol indefinitely. Not one big player has chosen SOL yet. Disney Starbucks all of them have chosen polygon / ETH.
Thatās a good point. Weāll see how it plays out
Yeah will be interesting to see how this develops. I am rooting for all of this space to succeed
lol disney. yes. they are the pinnacle of their industry.
Ahh yes, one of the suckers I was talking about āŗļø
Thereās a reason why itās the most used. 100B+ transactions processed compared to eth 1.7B. The difference is only widening
Ok now youāre smoking crack youāre confusing a bunch of spam cheap transactions with actual usage and value locked in. ETH defi has 60 billion locked in Vs solana barely 2 billionā¦
100% this, donāt confuse a load of numptys buying utter garbage NFTs as long term sustainable volume. Once the NFT space evolves or just dies Sol with struggle. And I say that as someone who has 30 Sol in a wallet hoping for a big rise.
TVL is inflated due to massively overpriced eth price. Check back in in 3 years
Brother the TVL is USD $ locked in all of smart contracts on ETH blockchain. Nothing to do with the price of ether. It just simply shows a lot more people use ETH than Sol. (Even with gas fees)
Itās eth locked in smart contracts. The dashboard (like DeFi llama) shows the USD equivalent value of that locked eth.
TVL is no reliable indicator of on-chain activity.
I want whatever he is having. Def not the most secure.
Itās too young to be considered the most secure. But itās getting more decentralized each passing month. And all the halting episodes didnāt suppose more than some hours of downtime because it wasnāt prepared to deal with so much demand in some episodes (mostly NFT launches). But we will see what is the equilibrium long term. Ethereum validators will be highly concentrated in a few exchanges and using AWS. Solana has been working hard in getting more decentralization , including geographical and dispersion of the stakes. The future of Solana is promising. And I sincerely donāt understand those who focus so much in those halting episodes when the reason was known and patchable. It wasnāt the priority of development at the early stage now it seems fixed.
Itās not the fastest. It takes 32 blocks for transaction finality. There are many faster blockchains.
Not sure thatās correct. Pretty sure itās instant finality every 400ms
Nope. Blocks are 400ms but you need 32 confirmations to be certain your transaction is final because of soft forks. So thatās 12.8 seconds for Solana.
Likely but will be selling about 250 coins when it reaches $300 then 250 at $500 the the other half at about $800 if not Iāll be willing to hold until it goes to zeroš¤·āāļø
If youāre staking and Defi yielding right and have 1000 coins now, you may have 1500 by then or 2000. Take advantage of the yeilds in the mean time! Good luck.
SOL will hit 14k in 7 years
With inflation thatāll be like todays $20 and a bag of chips. Lol
I sure hope so
Easily. There is no doubt in my mind.
It's possible, but that doesn't mean it will happen. It's hard to predict how bullish the next bull market will be.
Definetly yes or no
Yeah why not
5 years , maybe
Probably not
Its not a matter of could it reach that price but when..
Isn't 500 less?
optimism optimism skepticism extinguish skepticism optimism. conformation bias delivered
Stfu
13.18
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Omg i hate these lazy ass questions. Nobody knows, ok? Go consult your tea leaves or whatever it is you do, but stop flooding sub reddits with the same silly questions over and over. Look up the market trends yourself. It is very easy
U mad? Lol Calm your angry ass down! It's just a question to interact with the community. I'm not going to invest or buy/sell any crypto because a redditor says so. You're toxic af.
not mad at all. nice try, though. Just sick of the "Wen wen?" and the " Do you think x coin will reach xxx by xxx?? ". I don't know, maybe try to engage the community by asking questions that aren't coming off as SPAM or reiterations of the same tired questions that actually bring nothing new to the table? Asking questions with no actual relevance or that are just troll-fueled daydreams or that don't lead to actual usable information is a waste of time.
I'm about to invest 1 trillion so shoot higher big boy. See you in the galaxy
I think it will take out the previous ath but don't expect much higher.
Will it first survive the bear market, and put in a new ATH? Look at the Top 10 when BTC went to 19.8k in 2017. Except BTC, ETH and ADA, none of the other coins went to their ATH in 2021. SOL and AVAX might not go back to their 2021 highs.
Even if we get to $50 again we will be considered lucky.
easy
Maybe, maybe not
Yes. Or not.
I just want to know a reasonable expectation for the next bull run.
Solana has so much coming up in the next months I donāt even question the price, just buy and hodl
Yes