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What do you think about solana? Does it have enough potential to replace eth?

  • Thread starter Thread starter Electrohunter26
  • Start date Start date
Electrohunter26 said:
Solana price got increased by 12,000% in the past year and sol NFTs are now competing with eth NFTs
Sol got very low fees very fast transactions
Do you think it has enough potential to replace eth?
Click to expand...
Yes Solana is higher then ETH but I can say this that ETH will go higher because as you know cryptocurrency is always unpredictable we really don't know the Worth of any coin in any second.
 
much potentials ,especially when you want to compare it with ethereum , which is the top leading alternative to the Bitcoin which everyone sees as the king of cryptocurrencies
 
I think Solana is doing well to an extent but I really don't think it would replace Etherum any time soon but I wouldn't say it's impossible as we are open to surprises in this cryptocurrency market.
 
Solana is an excellent layer one project that has made significant progress quickly. It won't entirely take the place of Ethereum, in my opinion. There is no blockchain technology at this time. to continue using Ethereum.
 
Cryptocurrency can humble any developer or holder. As FTX is falling, it's also affecting Solana because of his association with the coin. Hopefully, they will bounce back again.
 
Electrohunter26 said:
Solana price got increased by 12,000% in the past year and sol NFTs are now competing with eth NFTs
Sol got very low fees very fast transactions
Do you think it has enough potential to replace eth?
Click to expand...
No i don't think so because the projects behind ethereum are not even comparable with solana's projects, ethereum is now completely a green project which has the potential to surpass Bitcoin.
 
Today isn't a cryptocurrency out there, in my opinion, that possesses the technology and dependability of Ethereum.
There will be some made to stop it, but in my opinion, it still reigns supreme.
 
I am well aware of the enormous potential that solana holds, but it is not feasible for it to displace the major ETH. One of the best cryptocurrencies currently available is etherium.
 
Considering their price differences it is quite ridiculous for you to believe that it might overtake Ethereum. Although space is unpredictable but this may not likely happen as I understand.
 
The use of blockchain really determines great potential. Looking at Ethereum, blockchain adoption has surpassed Solana adoption. As such, Solana will have a very hard time overtaking Ethereum.
 
Almost all coins that seemed to be increasing in value was said to have the potential to replace an existing coin or be the next big thing till the crypto pandemic. Shows one can't really trust anything
 
Solana is a popular cryptocurrency with the solana network. It is a popular cryptocurrencies so many people are willing to invest . There was a lot of investors that is why the price Rose to $259 as the all-time high sometimes ago.
 
Since the FTX saga, a lot of people have not really been believing in the future of that particular chain. I am going to expect that a lot of things are going to be happening around it but it is not going to be going to all time high.
 
Nothing will replace ETH. I believe Bitcoin will remain the number one crypto coin and Ethereum will remain number two. However, it is difficult to say which will become number 3. The spot of number 3 could be taken by solana some day.
 
Electrohunter26 said:
Solana price got increased by 12,000% in the past year and sol NFTs are now competing with eth NFTs
Sol got very low fees very fast transactions
Do you think it has enough potential to replace eth?
Click to expand...
Because of its rapidity and inexpensive transaction fees, Solana has gained traction in the blockchain world. Some believe Solana has the potential to dethrone Ethereum as the main cryptographic protocol.
 
I think the Solana network is great and it has great developers also, but Solana does not have the potential to replace the Ethereum and its network. We have seen what happened in recent times, and we have witnessed how Ethereum stand strong during this crypto bear season.
 
Popular blockchain systems Solana and Ethereum both have their own distinctive characteristics and use cases. Solana is frequently seen as an Ethereum alternative that is quicker and less expensive, which would make it a more desirable platform for specific kinds of decentralized apps. Despite this, Ethereum continues to be the most popular decentralized finance (DeFi) technology due to its larger development community and ecosystem.
 
My thoughts about this cryptocurrency is that it needs to improve its chain a lot, I sold my solana assets, I got tired of seeing how the network fell congestion problems and on top of the brutal fall it had, I think it can do better, I still think it has a future but it needs to improve.
 
Solana has a lot of potentials based on each blockchain features but replacing Ethereum will be extremely difficult because this particular coin has gone too far in terms of development.
 
Electrohunter26 said:
Solana price got increased by 12,000% in the past year and sol NFTs are now competing with eth NFTs
Sol got very low fees very fast transactions
Do you think it has enough potential to replace eth?
Click to expand...
Solana may replace or take over Ethereum in the future but that cannot happen anytime soon. Ethereum is also making moves do it will be hard for Solana to dominate Ethereum.
 
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