Sol is by far superior in L1s and active daily users. It’s smooth cheap and the best option when using web 3 in my opinion. Bullish

GM GM.

Would be a mega smart move for you to do my course. Free, fast, and takes you through everything step by step.
https://www.youtube.com/playlist?list=PL-NLevh5gXjkHH0PaeVamKM4gnGMhiG2h

The world likes speed and innovation. I’m older, and used dial up internet at 4KBs many years ago.

Now, if a website is not basically instant, I am impatient. I am not alone, and blockchains need to be fast, cheap, and easy to use.
Like a Macbook Pro (gifted to you as they are $$) on gigabit internet.

Solana does that.

The other big thing is people are tribal. The more tribal, the more attention. Democrats vs Republicans, soccer teams vs each other etc.

I am not saying that is good, but it is reality. The good thing is attention. Kim K is worth billions due to getting attention. Attention adds value.
Solana has Solana maxis, some ETH maxis using it, smart money, and it has people tribally against it. It is not irreverent, and irrelevance kills everything (eg EOS)

On top of that FTX and SBF messed up the space like a war. 1000s of projects, in addition to individuals, had their funds in FTX.
Those dark days are behind us, and these experiences are rare and build strength.

I have a price prediction video too, but like anything I ever say, it’s not financial advice it is purely education and opinion.

https://www.youtube.com/watch?v=glJ-F4bDb58&list=PL-NLevh5gXjmGTdJZ8HYho5D8mNw6QYfB&index=1

SOL is not for store of value.

stick to bitcoin. Solana is a tech company that may or may not catch on, and may or may not be replaced by something better.

Supply is defined by blocks every 10 minutes, supply is cut in half every 4 years

Solana is similar, but with different figures. New blocks every 400ms (.4 seconds). Inflation started at 8% and gets reduced by 15% every year and 10 years after launch(2030) it will hit 1.5% and stay there indefinitely.

Are SOL like bitcoin, to trade for goods and services? store of value? why would a SOL be worth 50 today and the same one 5000 a few years later?

Yes, Solana is a great network to use for payments because transaction fees are a fraction of a penny and transactions only take a fraction of a second. You can use SOL to pay for things but there is also native USDC on Solana which will likely be the most popular option for payments.

Store of value? I think that’s kind of a nebulous term. I think the value of SOL will rise in the long term because many projects are choosing to build on Solana due to the performance it offers.

Ive been in the space for +10 years

Yet you’re still asking random online people “line go up?”.

Solana shows me appreciation by scratching my head as I rest on its lap.

Yes, the price will go up, but SOL is not a store of value, it’s a system that is transparent, fast, low cost, and becoming more decentralized. People can build cool stuff on top of it that you can’t really do on Bitcoin (at the moment) such as HiveMapper, like a decentralized Google Maps. If Solana keeps getting better and can do things better than other chains people/companies will need SOL to build on Solana.

Also one beautiful thing nobody talks about is SOL does not compete with Bitcoin. Bitcoin is the king for storing value over time, and Solana is positioned to become the blockchain to transact on in a decentralized transparent manner.

Because its undervalued and the better version of eth. This should be a no brainer during the nft craze

You shouldnt be comparing SOL to BTC, instead you should compare it to its main competitor ETH.

They’re both smart contract platforms but Solana is faster, cheaper and more scalable.

Solana has been slowly eating up the market share of ETH over the past few years. 3-4 years ago it was around 3% of ETH market cap, now it’s 8-12 depending on daily fluctuations.

Solana also recently started getting more daily active users than ETH.

Its number of developers are going up, number of new validators is going up, and the number of projects/companies being built on it is also going up. These are all healthy signs of growth.

I watch a great youtuber called InvestAnswers that talks a lot about solana and other cryptos. He judges them based on loads of data related metrics/charts to find what’s worth investing in. Would defs recommend you watch a few of his videos.

Solana is not a store of value. It has a 1.5% inflation rate that will last into perpetuity. Solana is a decentralized compute platform that can do many things, one of them being transactions. It’s extremely fast, and it is one of the first platforms where fees are cheap enough for developers to build projects on top of.

Overall, Solana is a faster, more decentralized, and far more scalable L1 than Ethereum, which is the predecessor to Solana.

If you buy it will go to 0. If you don’t buy it will go to 10000. Do with that information as you wish.

Have you ever sent/received Bitcoin and Solana before?

Have you ever paid really high gas fees on BTC or Eth?

Why would i pay you in Solana if i expect the value to be more tomorrow?

Why would i hold Solana if I expect the value to be less tomorrow?

Because eth solutions like bridging to arbitrum are annoying as hell. I have to wait 8 days to get my funds with the official arbitrum bridge. This stuff is already complex af for normies. Sol is eth with fast and cheap transactions. Will it have as much hype or will it die like the rest? Idk but it being in the top 10 before the bull run is a good sign.