What would Solana be worth if a SOL ETF was approved?
What would Solana be worth if a SOL ETF was approved?
I think talking about software adoption costs is a flex. I could name 20-30 more theoretical blockchains that can scale Solana but none have been tested and the only other blockchain with and independent validator client is ETH. The marketing/timing/niche and use case is unparalleled
I would be worried that he doesn’t have enough exposure.
I don’t care about the cycles anymore, this is a longer term investment
You missed your golden entry, but anyone that is overly attached to their entry should consider buying more. I think sol won’t go under $30
I averaged into Solana on the dips after the FTX thing, go it around $21. I accumulated almost 1000. I’m not selling till Solana is $3,000 a coin
If your bullish on the Solana ecosystem there are many promising tokens within the Solana ecosystem that will rise with the potential Solana. Lots of opportunities in the Solana ecosystem rn
I would recommend against selling now, not sure how closely You’ve been following Solana, but it’s my biggest holding in crypto, 2nd being Ethereum. Sounds like your average is a bit high but I definitely would not sell for a loss now.
It’s important to realize that the amount of money it took for Solana to reach $250 will be the same amount of money to bring it to $175, because of Solana being inflationary. Last time sol had this 18.5b marketcap the price was $60-65 roughly. Today it is $44. Solana will continue to be inflationary for the next 8 years I believe, so good to factor that in. In other words for Solana to reach its previous all time of $250 it will take 30% more capitol to bring it there then in 2021.
With sol going back in robinhood, could be good for Solanas price action
I like Paul Barron network more, he’s a Solana guy but does better analysis
Do not keep your Solana bag on the wallet address you are using to interact with contracts. Create a different wallet address and move smaller portions to that for interacting.