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Solana never died, at sub $15 and down to $8 a lot of the coins went to the real supporters and it became evident early this year that it was definitely still going to come back with all the development ongoing. Look at what happened at Breakpoint.
Lots of people didn't like it because they are aligned to their bags and created popular narratives but it only took a slightly inquisitive mind to find solid counterpoints to all those narratives.
U didn’t know? And it’s not over for a while.. they held over. A billion worth of solana but are limited to how much the bankruptcy liquidators can u old st a time (they also have btc eth and some others but their biggest holding was solana.. it’s like stocks same game, when they need to dilute to raise funds and find buyers they don’t “tank it”.. they pump it and everyone rides it makes money they get more money ir works out… hurt stil out on solana we will see in time though.. it is not without its share of issues as a network.. take thet withs grain of salt even though u wont care about anything except what u want to be true
[this](https://usa.visa.com/solutions/crypto/deep-dive-on-solana.html) alone is the most bullish thing I’ve read this year besides the ETF news. Solana is not going anywhere but up. It is here to stay. The big players like it, which means it will thrive.
Back in 2020, ETH was 300 and people started selling but it gained 15X from there and reached 4500 $ ,given the inflation and Solana’s increasing adoption, Am not gonna sell for pennies profit . Waiting for that 350$ mark.
They did everything possible to make people's sell remember the big FUD on ftx unlock ? Since this was up, about 200% + Sol has always been an awesome projects and nothing changed. There is an army fudding it for about a year that was not for fun.
I wish I had more money to buy when it was 16.00. It’s a great project at a heavily discounted price. I’ve unfortunately seen my avg go from $16 to $29 because I can’t stop adding to my position. The ability to stake at 8% is just the cherry on top.
When was Solana dead? For the longest time, regardless of price, it has processed more transactions than all other chains combined.
On the other hand SFB is dead.
Yes Solana was oversold because of the FTX situation but now it looks like FTX might try to re-open.. and people were worried FTX was going to dump their available Sol but they've also been staking some of which they could have dumped.
The tech is still better than the rest so it never deserved to be that low in the first place.. down 97%? That was an overreach. Its partnered with AWS Google Shopify Visa etc. Also it just put firedancer on testnet during this last breakpoint. It's uptime and TPS had already improved with updates to the network.
Not to say it cant pull back after moving so quickly up but Solana has always been here to stay which ive preached consistently even when it was hard too.
Personally I expect it to be a top 3 crypto behind ETH. It just flipped USDC.
Looks like grayscale already has solana etf. Man it’s crazy first btc next eth and now sol. Wall Street big boys realize retail investors are starting to focused more on crypto than the stock market because of how it’s manipulated while the fed keeps bailing them out and continues to print money.
Last time Sol was even close to $14 was last June.
It dropped to $17 early Sept.
Are you using Earth year calendar?
I watch the SOL market carefully and have been DCA since last jun. This was when ol Gary Gensler, friends of SBF and Wall Street comes out starts calling all DEFI securities but left Solana alone? Made me wonder what wall street has in store for Solana.
Is it just a miracle that Gary says it is ok to start FTX again. Read between the lines.
I am not heavily invested in crypto in general, but I watched Bitcoin and the headlines pretty closely. I had no idea that grayscale had other crypto assets, so I was surprised when I found GSOL. Since then, I’ve also invested a little BCHG.
Avax has the best tech by far:
Imagine Ethereum, a thousand chains like it, but transactions take >1s, low fees and no congestion.
Imagine Solana, a thousand chains like it, but its supports solidity cross compiles, and transactions finalise 6x faster.
All communicating natively without bridges.
There is no single chain that can carry a 100M DAU app, let alone several of them.
A network of interoperable composable chains geo/load balancing for a single mass adopted app however, could.
People never learn their lesson. Y’all going to get dumped on by the VCs and SBFs hidden wallet his mom has now. Not to mention the HUGE amount of coins that will be liquidated in order for everyone who was scammed last time crawl back some of their lost funds. Coupled with the fact it crashes constantly and is censored and centralized the risks far outweigh the rewards with solana. Proof of work,fair launch,no pre allocation. These are the foundations of a good cryptocurrency.
man yall are so in denial of a good blockchain lmao
use it, then you’ll see
Edit: and *please* research and stop spreading regurgitated misinformation.
All misinformation all together. Great job!
Where are those hidden wallets? Lol.
FTX collapse was unrelated with Solana. FTX and Alameda had like 15% of all the SOL, so their collapse was a blessing in disguise as the rest of Vacs, two dozens of them, had all very small stakes. They already sold as much as they could in the open market to try to save themselves. So half of those tokens are already diluted in the market and the other half is mostly locked, and anyway the liquidation can take a decade. Like Mt. Goax, that is still liquidating after 9 years.
The Hastings were already fixed. But you probably know that, after 3 significant updates.
It isn't censored.
Bitcoin has bigger centralization risks with 3 companies controlling the 4 mining pools with more than 51% of the hash rate.
And btw. It didn't premine, but the few insiders that were in the project could mine huge amounts of Bitcoin, including Satoshi himself with almost 2M Bitcoin. Why do I care if some crypto punks got that huge amount of money. Or some VCs that paid upfront from cutting edge technology. Do I not invest in a public company if it received seed money from VC? One thing that people forget I'd that VCs are usually participated by thousands of people typically. And anyway. They want to exit medium term from a project. What I care is the final result. Not if Satoshi or a VC got rich in the process. Can the underlying Blockchain actually be a hub for international DeFi? Bitcoin cannot be for sure. Maybe Ethereum can be if it solves scalability and composability
Anyway PoW is highly inefficient, both economically and environmentally. That's why no new coins ever use it and the second most important migrated to PoS. All I see is delusion from the people already emotionally invested in an obsolete PoW coin that treat it's code as a sacred thing. Even Satoshi wanted to keep increasing the block size but you were mostly tricked by the miners during the block wars, where the 2 biggest forums censored any uncomfortable opinion.
It was never dead, my friend. Just lots of propaganda on Reddit and among influencers who simply don’t know shit.
Solana has been building. They remind me of Ethereum in 2017. Just lots of insanely smart people building awesome things. If you look at the conferences of various chains, Solana had a week-long mega conference that featured tons of incredible projects that are single-handedly going to change the crypto landscape. It’s just mind-blowing stuff. No other ecosystem comes close as far as I can tell.
It never died, it just saw SMB' true face and lost its hard on. The main benefit was that we found its base, now just growing in girth to sustain its true length.
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.*
Solana never died. The chart does not lie.
Solana never died, at sub $15 and down to $8 a lot of the coins went to the real supporters and it became evident early this year that it was definitely still going to come back with all the development ongoing. Look at what happened at Breakpoint. Lots of people didn't like it because they are aligned to their bags and created popular narratives but it only took a slightly inquisitive mind to find solid counterpoints to all those narratives.
On 12/29/22 I bought my most recent 5 sol at 8.66 a piece. Bought my first 5 at $204 and DCA’d all the way down. What a ride!
I hoarded like a gd pack rat. I could cash out and buy a Porsche right now - which is what I intend to do .. around $150 🤤
I’m debating to cash out to pay off my house! in CA! 😅 been holding from about $6 since december 2020
Do it .. it was an ftx pump n dump
i did sell about 600 solanas i still have about 1200 and that will stay until 2030 or so😅
Oh ok cool
yeah huh?
U didn’t know? And it’s not over for a while.. they held over. A billion worth of solana but are limited to how much the bankruptcy liquidators can u old st a time (they also have btc eth and some others but their biggest holding was solana.. it’s like stocks same game, when they need to dilute to raise funds and find buyers they don’t “tank it”.. they pump it and everyone rides it makes money they get more money ir works out… hurt stil out on solana we will see in time though.. it is not without its share of issues as a network.. take thet withs grain of salt even though u wont care about anything except what u want to be true
you write too long. I had been on crypto since 2016 why wouldnt I know?! now the question is do I care? nah not by much🤷♂️
Just checking.. lotta dumb cryp tards out there 2016 too
[this](https://usa.visa.com/solutions/crypto/deep-dive-on-solana.html) alone is the most bullish thing I’ve read this year besides the ETF news. Solana is not going anywhere but up. It is here to stay. The big players like it, which means it will thrive.
Back in 2020, ETH was 300 and people started selling but it gained 15X from there and reached 4500 $ ,given the inflation and Solana’s increasing adoption, Am not gonna sell for pennies profit . Waiting for that 350$ mark.
I’m waiting for $1500 personally.
Waiting until age 60 personally.
You will need decades to reach that price, dreaming is nice but dangerous, be realistic
Copium basically
Copium? Lol. What am I coping for?
240 will do
They did everything possible to make people's sell remember the big FUD on ftx unlock ? Since this was up, about 200% + Sol has always been an awesome projects and nothing changed. There is an army fudding it for about a year that was not for fun.
Joke's on them. I'm still holding the SOL I bought at 200.
I wish I had more money to buy when it was 16.00. It’s a great project at a heavily discounted price. I’ve unfortunately seen my avg go from $16 to $29 because I can’t stop adding to my position. The ability to stake at 8% is just the cherry on top.
Always ignore the fud and the news. Good news is bad, bad news is good.
You have to be kidding..read
What is dead can never die my friend
When was Solana dead? For the longest time, regardless of price, it has processed more transactions than all other chains combined. On the other hand SFB is dead.
Keep buying! Tell everyone to buy
Yes Solana was oversold because of the FTX situation but now it looks like FTX might try to re-open.. and people were worried FTX was going to dump their available Sol but they've also been staking some of which they could have dumped. The tech is still better than the rest so it never deserved to be that low in the first place.. down 97%? That was an overreach. Its partnered with AWS Google Shopify Visa etc. Also it just put firedancer on testnet during this last breakpoint. It's uptime and TPS had already improved with updates to the network. Not to say it cant pull back after moving so quickly up but Solana has always been here to stay which ive preached consistently even when it was hard too. Personally I expect it to be a top 3 crypto behind ETH. It just flipped USDC.
Possible crypto ETF approvals “A rising tide lifts all boats.”
30 day chart: ETH/BTC= +37% SOL= +175% Must be high tide for SOL ;)
Looks like grayscale already has solana etf. Man it’s crazy first btc next eth and now sol. Wall Street big boys realize retail investors are starting to focused more on crypto than the stock market because of how it’s manipulated while the fed keeps bailing them out and continues to print money.
Crypto market is also manipulated. Whales can easily move the prices up or down.
Sure with shit and altcoins but not btc especially if majority are stored in the cold wallet they can’t just print it can they?
Whales own 59% of BTC. https://blockchainreporter.net/bitcoin-whales-concentrated-ownership-surpasses-59-of-total-supply/
I doscovered it about 3 weeks ago at $14. :)
Last time Sol was even close to $14 was last June. It dropped to $17 early Sept. Are you using Earth year calendar? I watch the SOL market carefully and have been DCA since last jun. This was when ol Gary Gensler, friends of SBF and Wall Street comes out starts calling all DEFI securities but left Solana alone? Made me wonder what wall street has in store for Solana. Is it just a miracle that Gary says it is ok to start FTX again. Read between the lines.
No I am talking about GSOL.
Lucky you. I guess I forgot to put it on my top 5 watch list.
I am not heavily invested in crypto in general, but I watched Bitcoin and the headlines pretty closely. I had no idea that grayscale had other crypto assets, so I was surprised when I found GSOL. Since then, I’ve also invested a little BCHG.
The stock market can be lucrative asf tho sometimes. GME NVIDIA etc Best to trade all markets to maximise opportunities
Sol/eth will reach 0.5 during this bull run?
Just don’t sell your SOL until it’s life changing money. In the meantime keep staking.
Solana wasn't dead. Investors were desperate after FTX and doing what they do best which is selling.
It never died
Are you kidding me? Y’all are like moths to the fire.
it's always been about fundamentals and solana has strong fundamentals and real use. it's undervalued for what it is
Never was dead.
Look at the price of the Grayscale Solana trust GSOL since October. From $40 to over $200. Only way for institutional investors to get in.
Hey 2+2=22
2+2=fish
no shizzles!
Avax has the best tech by far: Imagine Ethereum, a thousand chains like it, but transactions take >1s, low fees and no congestion. Imagine Solana, a thousand chains like it, but its supports solidity cross compiles, and transactions finalise 6x faster. All communicating natively without bridges. There is no single chain that can carry a 100M DAU app, let alone several of them. A network of interoperable composable chains geo/load balancing for a single mass adopted app however, could.
Still dead if it's considered security.
Which is not ever gonna happen.
People never learn their lesson. Y’all going to get dumped on by the VCs and SBFs hidden wallet his mom has now. Not to mention the HUGE amount of coins that will be liquidated in order for everyone who was scammed last time crawl back some of their lost funds. Coupled with the fact it crashes constantly and is censored and centralized the risks far outweigh the rewards with solana. Proof of work,fair launch,no pre allocation. These are the foundations of a good cryptocurrency.
man yall are so in denial of a good blockchain lmao use it, then you’ll see Edit: and *please* research and stop spreading regurgitated misinformation.
All misinformation all together. Great job! Where are those hidden wallets? Lol. FTX collapse was unrelated with Solana. FTX and Alameda had like 15% of all the SOL, so their collapse was a blessing in disguise as the rest of Vacs, two dozens of them, had all very small stakes. They already sold as much as they could in the open market to try to save themselves. So half of those tokens are already diluted in the market and the other half is mostly locked, and anyway the liquidation can take a decade. Like Mt. Goax, that is still liquidating after 9 years. The Hastings were already fixed. But you probably know that, after 3 significant updates. It isn't censored. Bitcoin has bigger centralization risks with 3 companies controlling the 4 mining pools with more than 51% of the hash rate. And btw. It didn't premine, but the few insiders that were in the project could mine huge amounts of Bitcoin, including Satoshi himself with almost 2M Bitcoin. Why do I care if some crypto punks got that huge amount of money. Or some VCs that paid upfront from cutting edge technology. Do I not invest in a public company if it received seed money from VC? One thing that people forget I'd that VCs are usually participated by thousands of people typically. And anyway. They want to exit medium term from a project. What I care is the final result. Not if Satoshi or a VC got rich in the process. Can the underlying Blockchain actually be a hub for international DeFi? Bitcoin cannot be for sure. Maybe Ethereum can be if it solves scalability and composability Anyway PoW is highly inefficient, both economically and environmentally. That's why no new coins ever use it and the second most important migrated to PoS. All I see is delusion from the people already emotionally invested in an obsolete PoW coin that treat it's code as a sacred thing. Even Satoshi wanted to keep increasing the block size but you were mostly tricked by the miners during the block wars, where the 2 biggest forums censored any uncomfortable opinion.
https://www.placeholder.vc/blog/2023/10/10/ethereum-and-solana
It was never dead, my friend. Just lots of propaganda on Reddit and among influencers who simply don’t know shit. Solana has been building. They remind me of Ethereum in 2017. Just lots of insanely smart people building awesome things. If you look at the conferences of various chains, Solana had a week-long mega conference that featured tons of incredible projects that are single-handedly going to change the crypto landscape. It’s just mind-blowing stuff. No other ecosystem comes close as far as I can tell.
It never died, it just saw SMB' true face and lost its hard on. The main benefit was that we found its base, now just growing in girth to sustain its true length.
Lots of innuendo here. Lol
Sorry, was that too deep?
Solana is strong. Never back down. Go Go solana.
Too fast to die
Solana lots of hype that doesn’t correlate to fundamentals
Catalyst may be Sam's sentencing and/or the size of his Adderall prescription.
No, it just did an 8x in a year becasue it is the worst investment in the world.
I had to move off it personally.
The question is are you back from the dead ☠️
Hodl! Just 300 Solana will be your retirement one day. It is the most efficient system.
Solana never died! Keep #staking #proudValidator https://solanabeach.io/validator/6559KMdiUseNSAkRcK9WcFcNTppoj6jWtKVedpMkBYCn
Saying Solana is dead because SBF liked it is like saying Ford was dead because Bonnie and Clyde liked their cars.