The Future of Solana

[Suba]

Solana (SOL) was founded in 2017, SOL is a web-scale blockchain based, using Consensus Algorithm PoH (proof of History). On Coinmarketcap currently SOL is ranked 10th and the price is $72.15, Market Cap $36,223,987,669, Circulating Supply 286,441,401.71 SOL. On August 1, 2021 Solana opened at a price, $36.68, so to date there has been an increase of 96.7%. My prediction, the price of Solana on Sept 1, 2020 will reach $85.75. What do you think, is Solana worthy of a long-term investment?

 

[gammarays]

Solana (SOL) was founded in 2017, SOL is a web-scale blockchain based, using Consensus Algorithm PoH (proof of History). On Coinmarketcap currently SOL is ranked 10th and the price is $72.15, Market Cap $36,223,987,669, Circulating Supply 286,441,401.71 SOL. On August 1, 2021 Solana opened at a price, $36.68, so to date there has been an increase of 96.7%. My prediction, the price of Solana on Sept 1, 2020 will reach $85.75. What do you think, is Solana worthy of a long-term investment?

Solana is a network just like Ethereum,Binance or polygon. It has an advantage of a fast and lightweight platform. It has a very low supply and is attracting more projects. It may dip a little but I predict $100.

 

[Suba]

Solana is a network just like Ethereum,Binance or polygon. It has an advantage of a fast and lightweight platform. It has a very low supply and is attracting more projects. It may dip a little but I predict $100.

The Solana blockchain is capable of validating 65,000 transactions per second. So it's 2k times faster than Ethereum. Solana has also launched the Wormhole project which functions as a middleman between the Solana blockchain and the Ethereum blockchain, thereby facilitating the movement of ERC-20 tokens. This positive sentiment caused the SOL price to rise.

 

[Heatman]

Personally this is actually my very first time of hearing about this cryptocurrency and I'm not sure it's something that I'm going to be able to invest in because it doesn't look secure for me.

 

[Niftyyem]

The Solana eco system is one that any one who really has interest in cryptocurrencies should study. I agree that it would explode in the near future and it would be a delight to hodlers.

 

[ahmedo24]

The coin is actually growing very fast and I quite agree with @Suba, I knew about the coin when the price was already on the high side .

 

[Nurudeen]

The coin is actually good to hold in the crypto currency exchange Business. However, it only requires some patience for the coin to move the way investors wants it to move

 

[Josephjossy]

I think it is one of this non popular crypto currency that are also valuable cryptocurrency. All you need to know is to know the right time to invest on it. Don't invest on the wrong time if you want to make some gains. Just invest on the right time and then sit back and watch it grow

 

[Suba]

I think it is one of this non popular crypto currency that are also valuable cryptocurrency. All you need to know is to know the right time to invest on it. Don't invest on the wrong time if you want to make some gains. Just invest on the right time and then sit back and watch it grow

Thanks for your advice, I intend to invest in this coin so that later I will save it in the mobile wallet application that is already available. (trust wallets)

 

[Dowenship]

Solana (SOL) was founded in 2017, SOL is a web-scale blockchain based, using Consensus Algorithm PoH (proof of History). On Coinmarketcap currently SOL is ranked 10th and the price is $72.15, Market Cap $36,223,987,669, Circulating Supply 286,441,401.71 SOL. On August 1, 2021 Solana opened at a price, $36.68, so to date there has been an increase of 96.7%. My prediction, the price of Solana on Sept 1, 2020 will reach $85.75. What do you think, is Solana worthy of a long-term investment?

To me solona is one of the potential coins to invest into, i can remember that some months ago sol was around 10 -20 usd but now $70... This Is a big improvement...

 

[Yusuf]

Solana is one of the best altcoin we have in the crypto currency exchange Business and I think people should just get it and keep it in their portfolio for a very long time. With this they can make huge amount of money from it.

 

[Josemendez]

Solana has indeed attracted a lot of attention in the past few months of it's existence and has shown that it has a strong future in the cryptocurrency world

 

[HayKay]

Finally a coin that attracts my fancy. I like the fact that it created a network of some sort that allows easy movement of the ERC-20 coin or tokens. This is a positive attitude and shows the coin has a reason for existence.
I'll be likely to tap into this kind of project

 

[Lens]

From the analysis, it showed that the project has the potential of improving, I will personally understudy the it to be sure of its potential. From the information was at my disposal, it was designed to work better than ethereum. It is lightweight and execute speedy transaction.

 

[Heatman]

Personally as far as I'm concerned right now I'm not open to get into any new crypto-currency as long as the walls that I'm already in bed and you are going to be enough in fetching me a lot of money in the future.

 

[Nomad]

I have been checking Solana ever since I heard about this coin from a youtube influencer I follow. However, I am yet to invest in sol because of lack of funds. Having said that sol will be one of the coins I would be investing as soon as I have funds.

 

[eLdavis]

Though this is my first time hearing about it, but from your explanation it has signs of fast growth and alot of potential, so I believe it's okay for a long term investment.

 

[Niftyyem]

The coin is actually growing very fast and I quite agree with @Suba, I knew about the coin when the price was already on the high side .

I also think that the coin is getting on the high side especially for retail investors. It is a good project without any doubts and it would have been an option for me if the price was lower.

 

[ahmedo24]

I also think that the coin is getting on the high side especially for retail investors. It is a good project without any doubts and it would have been an option for me if the price was lower.

You know the coin has a blockchain network so the value can easily rise. It was heading to $100 before the crackdown and has recovered fast.

 

[Heatman]

I also think that the coin is getting on the high side especially for retail investors. It is a good project without any doubts and it would have been an option for me if the price was lower.

Personally, I'm still going to take my time to research about the coin and also analyse as well as evaluate how the market is still progressing with the coin if I'm going to invest in it.