I would like to know your opinion regarding the future of SOL.

What do you think the future of SOL will be?

Are there any new projects worth reading about?

How big problem do you think dumping by ex-FTX members/SBF is?

  • GranPino@alien.topBEnglish
    1·
    10 months ago

    Very difficult to flip ETH in the short and medium term. The ecosystem needs to keep growing before considering that scenario.

    It isn’t impossible in the long term. But there is no need to sell smoke right now. Solana has huge potential, but let’s walk the road.

    FTX and Alameda already sold in the market most of the SOL that was available to try to save themselves . The rest was locked for many years. Also, liquidation is a very long process. Mt, Goax is still liquidating since 2013-14. So no “dump” is coming soon.

    Actually the FTX collapse was a blessing in disguise. So Solana is now stronger than the last year.

    Solana just needs to keep getting better. The firedancer client is very promising. It improves scalability and decentralization at the same time. And it’s already in beta.

    • whatdacowsaytothetit@alien.topBEnglish
      1·
      10 months ago

      This is what I thought but then the eth fees jumped to $100 today after etf speculation SMH. Been holding eth since 2019. Was thinking of selling most of it for sol and regret not having done it

      • GranPino@alien.topBEnglish
        1·
        10 months ago

        So you are telling they already being selling whatever was unlocked, and the rest will take 7 years to unlock iin a monthly basis? I don’t see how is much different.

        The number on unlocked monthly new SOL isn’t very high compared to the daily volume of SOL. and more importantly, Solana is still undervalued when compared to the fundamentals.

        Actually the number of unlocked Solana isn’t very different to the selling pressure of Bitcoin miners

        Long term, VCs would have sold everything.

        • NotYourMom132@alien.topBEnglish
          1·
          10 months ago

          The majority of it is to be unlocked. Your statement made it like it’s all resolved so I corrected it.

          Also supply and demand dynamics is difficult thing to predict. And you’re making lots of hypotheses there.