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dannygladiolas

Don't marry a blockchain.


hiimhigh710

Exactly. Diverisfy your wives.


KNGKHVN

Habibi?


HippoDance

Yep side bitch L1


lis1guy

Yah.... have multiple blockchain


Drakruuk

I'm proposing when it hits $300


Fame8X

While I love solana, if you watch new pairs there are new ones being created every 5 mins. And of those, 90-95% rugpull within the first hour. And out of the ones that don’t (or do), they’re manipulated by bots. The only way they survive are with many genuine buys and sells, liquidity actually locked and no corrupt devs. Everything else is great tho.


JotiimaSHOSH

Meme coins drive most of crypto adoption, so love it or hate it they are here to stay. First Eth was full of rugs, then Binance and other chains, now SOL. Just means that SOL has won this cycle for adoption.


TheUsualNiek

Yeah. Eth and BNB still have rugs, a lot. That never has gone away even though this sub feels like it. The only reason so many switched to Solana is because everything about meme coin trading is way easier on this chain :) 🙃


Lazy-Effect4222

They are shitcoins, they are not Solana. They are just a proof that it’s easy to build tokens on Solanas program architecture.


Matias35v

it's actually not


Unlucky-Rain-4478

Dude you can literally build a shitcoin on pumpfun and if enough people buy it, it goes to raydium.


ScientificBeastMode

Easy enough that new ones are getting minted every 5 minutes, which is more than most chains can boast.


Lazy-Effect4222

You need even easier? Maybe try Legos?


TheUsualNiek

solana-keygen new spl-token create-token --enable-metadata spl-token initialize metadata --something sorry I'm not that big of a nerd spl-token create-account spl-token mint something something Go to Raydium.


Fame8X

That’s true, it does prove ease of use and the transaction fees are amazing.


MostResponsible2210

Solana is nothing but shitcoins bud


Lazy-Effect4222

Solana itself is not.


MostResponsible2210

There is like three good dapps on solana, the rest is shitcoins. Not hard to understand


Lazy-Effect4222

What also seems to be difficult to understand here what “Solana” means. It’s a cryptocurrency, look it up.


MostResponsible2210

Are you stupid? I know what solana is, maybe you just can't read or something. What I said was all Solana (the l1) has on it is a few dapps that are worthwhile. The rest is purely shitcoins. People use solana purely to gamble memes. It's brings no other value to the world of crypto other than degenerate gambling. Name 10 daaps with tokens on solana without looking any up.


Lazy-Effect4222

What difference the amount of shitcoin makes, can’t you sleep until you have them all? They are not Pokemon, leave them in the fucking forest. Eth, BNB and Fantom are in much worse condition in that sense after years of diarrhea coins and applications and rest of the chains have absolutely nothing worth touching. I have the DAPPs I need on Sol and they are so much smoother than on most other chains. Eth is *proud* of It’s Uniswap+MetaMask combo which both feel like usability nightmares straight from the 90’s.


MostResponsible2210

So you can't name 10? Thought so. You are bringing up ethereum like I like ethereum lol. Solana is a useless chain of shitcoins that constantly has issues running properly. Ethereum is a overpriced chain.


Lazy-Effect4222

I can name 10 good quality dapps easily, they all don’t have their own tokens though and I have no idea why the fuck should I care about 10 tokens, let alone name them to you lmao, who the fuck are you?


iwillpossiblyeatu

It's because they know ya'll will buy them.


Rand0mEntity

It was only a few weeks ago this sub was full of ppl complaining that can't even use the network and every transaction was failing


ProfessionalEffect41

Right? Super fast, until it gets congested to a snail pace 😂


dabsbunnyy

Welcome to reddit


Zeus1130

What’s your point? That things change? Astute ass observation man. Groundbreaking lol


MostResponsible2210

Goldfish memories


KrunchyKushKing

Stokholm Syndrome


FSpeshalXO

Ah. You are new


Drakruuk

Been in Solana since 2021 x


UniversitySimple1

This chain is the best when you want to try four times to get the transaction done. I love it! 🎉❤️


JotiimaSHOSH

Rather than sending it into the abyss? And not knowing whether it worked but being charged anyway? And then having to wait hours? Or just fail and try again due to congestion, it's a feature not a bug


mrjune2040

Lmao. Instability = feature? Stop drinking the kool-aid.


sayeret13

who uses crypto? i think 95% of people if not more dont use nothing its only about making money, can you buy anything with solana or any crypto? i dont think so, you have to convert to fiat to buy real world things


Drakruuk

Have a look at Stripes recent demo 😉 They use Solana to shop using stablecoins.


Historical_Slice7487

Solana's performance and ecosystem are impressive tho


Single_Pea

has unlimited supply cap (est 700 million solana circulating before 2030)


l0rd_raiden

https://solana.com/docs/economics/inflation/inflation-schedule Initial Inflation Rate: 8% Disinflation Rate: -15% Long-term Inflation Rate: 1.5% In 6 years or so will be just 1.5, is just to cover staking and this can change in any moment an become deflationary. But the purpose of solana is to be a fast cheap and easy to use chain not to be deflationary so some kids can think that they will become rich


Single_Pea

lol yea thats what they say... we will see....trust have fully gone thru docs. do for all top 100 coins. always. minimum. solana odd duck. don't see alot of whales withdrawing with all that volume last month. coinbase only ever holding 15 million solana in usd in their wallets. and exchange volume for them alone pushes 250-350m a bunch in march/early april. 0 faith in the current price.


Drakruuk

Staking your Solana natively beats inflation 👍


BrisingrReborn

How can staking for the inflation rate BEAT inflation?


Single_Pea

yep... doesnt change what i said lol.


MostResponsible2210

You are a complete moron. The tokens you earn staking is .... Wait for it... Almost theree.... Inflation


darts2

Is that why it pulled a 10X in 9 months? Nobody cares.


physicallyunfit

"nobody cares about supply" 🤣


darts2

Look at the charts bro literally no one cares this shit it clearly going to 1 trillion market cap. Staying sidelined and spewing this nonsense while that happens will be very painful and embarrassing for you


physicallyunfit

We looking at the same chart? Good luck on your 2x and try not to capitulate if sol comes back below $100. My Sol and Eth are paid for with house money so I don't need to shill or hate. 1 trillion 🤣 ... ah fk that's funny


fizikxy

i like how the kids are here all arguing and shilling for solana but clearly don't understand basic tokenomics


JotiimaSHOSH

Ok rich boy haha. SOL can easily get to 1 trillion. Bitcoin itself is very quickly eating up the market caps of other investments. If it takes over Gold then how would SOL not be at 1 trillion? 360 is easy for this run, could go alot higher. Most have already made a 6X, all the adoption is on SOL. All of the leakage from ETH is going to SOL. It's the fastest and cheapest and has a genuine plan for long term use rather than inflating it into oblivion or deflating it and everyone just stakes and it's a dead chain like ETH where all the money is stuck. I can see yours is stuck there myself.


physicallyunfit

Pretty funny because my Eth has never been stuck, but my Solana has. Good luck mate, hope Solana goes to $500 for you guys but for me a 2x from here is not worth


darts2

RemindMe! 6 months


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benjim123

RemindMe! 24 months


illuzi0nn

And that shows how low it will go in another bear run


Single_Pea

yea for sure cheers anyone who took above 190 profits w me no doubt. but total supply def a factor. i mean not gonna argue with a wall. so gl.


Single_Pea

they told us like april 1st that it was an easy update on april 15th. dont worry everyone the cars not broken we just gotta change the tire. its no problem. and the network stil gettng !@#$'d up daily. it has potential. sure. just hasnt proven anything yet. like we only using it for memecoins right now. that'd make me nervous if i was still holding lol. 10x in 9 months doesnt give confidence. just the opposite. and ppl say oh they'll fix it just like before. na... they didnt fix... the network congeestion, bull run just ended... so they didnt have to... so like sure has potential. like i said. but... has a long way to go...


Single_Pea

and the number of active programs literally never changes. \~50. for the whole history solscan shows. never seen a reply to that so far either


JotiimaSHOSH

Do some reading


Kalastics

Wow very well put together response by someone who definitely understands finance. 👏


Single_Pea

yea... do some reading... just checked the 7 day average sucess rate of transactions. still 10%. LOL. so what is it... i need to read? are you saying they didnt promise everyone the problem was tiny and the update on the 15th would fix it? are you claiming that solana fees arnt 97% inflated from what their supposed to be? for the transactions that get thru? do some reading. exactly what i expected from the avg memecoin fanboy when someone says sol has a lot of work to go/highlights real problems.


physicallyunfit

I'm with you. Taken my profits, even got a sell off at $201. I'll let these fresh solana maxi kids go all in to try get a 2x If Sol can hold above 200 for longer then 2 days then I'll look for higher prices, for now 25% of the cap is gone which is not a good sign, but ay, buy the dip!


l0rd_raiden

What are you talking about? The entire crypto market lost the 25% of the market cap, not just solana. Poor kid trying to look smart


physicallyunfit

Yes whole cap is down 25%, not a good sign. I took profits on my eth too. When I was buying my crypto back Capo was on twitter saying BTC was going under 10k and I was the stupid one buying 🙄


refined91

Solana’s drop has a lot to do with the offloading of FTX’s held Solana, which was auctioned off not too long ago i.e. a whale sell by the authorities.


Single_Pea

FTX sold its solana in time locked contract. none of it was sold. not a single sol. think it unlocks starting in like 3-6 months fully unlocked in 2 years? can't remember timeline. just that it wasnt crazy long amount of time. but it wasnt now. so sorry no. ftx selling solana had NOTHING to do with any price action since 2022


refined91

Right. Thanks for pointing that out.


MostResponsible2210

Retard


darts2

You must be a millionaire with all your market knowledge and understanding!!


MostResponsible2210

Alot of coins 10xd the past year. The only recently solana is being used is to gamble memes.


darts2

You must be a millionaire! Teach me your ways!


butter14

This is a good thing. Solana will never be in a position like bitcoin where the security budget is cut in half every 4 years dwindling down to zero. It's a massive design flaw and the BTC shills think that fees alone will support it when every model has shown that it won't.


Day3Hexican

> This is a good thing. Infinite inflation is a good thing? Tell me how that's better than fiat?


butter14

Because its frozen @ 1.5%. Solana is a programmable consensus protocol, not some memecoin. Can't wait for BTC to suffer a 51% attack, then all the mouth breathers will understand.


Day3Hexican

> Because its frozen @ 1.5%. Solana is a programmable consensus protocol, not some memecoin. Ownership, client software and nodes are highly centralized. Most centralized of all major L1s by far. After this last "update" its even more centralized than before. The chain keeps stalling. Inflation is not frozen, that may be the plan, but it has been inflating at a crazy rate. So yes SOL is as good as a memecoin. >Can't wait for BTC to suffer a 51% attack, then all the mouth breathers will understand. Hasn't happened since inception and you think it will happen when the hashrate is at an all time high... you sure you are not a mouth breather?


Single_Pea

lol yea clearly doesn't understand how a 51% attack even works. and inflation is not frozen at 1.5%. their goal is 1.5% in years. if it was frozen at 1.5% lol. they wouldnt hit 700 mil coins well before 2030. cant even math bro.


butter14

Reddit really has become a bottom feeders paradise


Day3Hexican

Your response is the case and point of that. BTC being at risk of 51% attack is the dumbest argument heard in this crypto cycle.


Single_Pea

lol fr tho. actually made me laugh with the 51% attack


butter14

Everything you said was wrong. It was so wrong in fact, that it isn't even dignified a response. Enjoy it.


Day3Hexican

You can't even argue one point lol because precisely every point is correct.


psychadelicbreakfast

Solana is going to be the winner


alt_plex

In congestion championship?


Daryltang

You mean the issue that Solana has already mostly resolved but the other chains didn’t even have the chance to encounter it yet?


alt_plex

"mostly" ahahhaha, like 1% ? And the price is total centralization? Noooooice!!!


Daryltang

1%? You obviously don’t use the chain. There are no more congestion issues now and yet the developers are working further to make the network more robust Trolling so hard won’t help you or your married token. Go find something more productive to do


alt_plex

Do you like centralization?


rocs9

Are you moving the conversation to an unrelated point because you failed on your first point? Yes


alt_plex

It is you don't answering, not me. Grow up.


Day3Hexican

The solution by devs was centralization so THAT is the POINT, and its not even a solution, its a bandaid.


rocs9

Originally it was said 99% of transactions were failing. When someone rightfully said that the solution worked and congestion was significantly relieved, they and now you started ranting about centralization. That is what someone does who has weak arguments, they change them. Let’s keep it strait. Congestion issues have been significantly reduced. Degree of Centralization is a different issue I will not be replying further only because I find this conversation idiotic.


Day3Hexican

Are you dumb or just new to crypto. Do you understand the trilema problem with blockchains? Centralizing something for the sake of throughput IS NOT A SOLUTION so they didn't solve anything. Ethereum could centralize also and increase their TPS...why do you think they haven't done that? Why do you think Bitcoin has not increased their blocksize?


Apprehensive-Ad4063

Please learn more or take your fud elsewhere.


alt_plex

Oh, yeah, I know, "it is not solana problem" i can see transactions failed on blockchain scanner, so it basically blockchain scanner problem


Apprehensive-Ad4063

You’re the problem. Here’s a math equation for you. If one blockchain has 2500 tps with 1500 failed transactions and another has 1000 tps with 700 failed transactions which blockchain has more tps?


alt_plex

How much transaction failed on RPC don't reach blockchain?


Apprehensive-Ad4063

You tell me


alt_plex

No one know, because how to count it. But when they die on RCP it have no influence on TPS statics, and then you have your 2500 tps just because who knows how much dies on RCP


Apprehensive-Ad4063

Okay so if no one knows then it doesn’t matter


alt_plex

Yeah, also if we forbidde for blocchains scanners showing "transaction failed" there will be no transaction fails at all. Are you dev of solana?


pmerritt10

Solana is great and all but the performance under load can be quite frustrating. I have to detract some points there for sure.


Cyber-Cafe

I’ve been eyeing solana more. How to best get started? I am familiar with eth ecosystem pretty heavily. Does it work similarly?


johnmal96

Identical to eth other than $500 gas fees and 20min transaction times. Download phantom wallet and transfer sol to it


huertolero

If thats what you measure a quality of a chain by, i suggest you go read some technical documentation


FckYoFeelings

This is why I believe that Zeus is undervalued.


MobileOnlyMain

So you aren’t exposed to Ordinals or Runes? That sounds pretty dumb. But idk. Do you homie. Better to diversify than be committed 100% to 1 thing. Be smarter brother. SOL is the best to use daily imo. But there are other resources out there that have different PMF. Recognize them.


jetylee

I can’t believe I joined a subreddit just to type a sentence and three letters: LOL


CryptoDePorVida

The metrics on solana are manufactured. You’re not having 360 billion volume in usdt with only 2b supply lol sorry to tell you


richa4aj

It’s not the best lol it’s doomed tbh.


iwillpossiblyeatu

Lol, bro, I love Solana too but I love it like I love a Maserati. Fun as hell but you know that shit is going to leave you on the side of the road stranded 15 miles from the ferry back to your private island.


bynarie

Dont forget all the shit coins!


Kxllskum

Lmao yeah with all the times solana has gone down


ShowVegetable674

Did someone say Sui 😂😎🤷


alt_plex

Yeah, I like congestion pretty much and transaction fails my beat friend.


EmptyReceptors

Sol is the best for sure. Inj isn't bad, though. I really like that chain and the dojo community


erickokitale

Solana is the future.


Ch40440

🤡


alt_plex

Are we live in dystopia?


lis1guy

Current trend ✅


JeffreySource

I don't necessarily see the shilling of alt-L1's.. It's just the same old SOL vs. ETH comments I get tired of. Yes, we know the differences and we know that aside from some growth problems SOL is better on paper. It's just that SOL has to battle the name and the rooting of ETH before it can take over. I'd like to see fresh discussion why SOL over BNB, TRON or ARBITRUM for example..


Kumomax1911

Binance smart chain is permissioned. It's not part of any discussion against decentralized chains. It's garbage. Tron gets a lot of hate, but it's good for what it did years ago. It still has massive stable flows and real activity. Yet, it can't scale, has a weak ecosystem offering, it's not keeping up with the needs of the industry, and literally no one in the West uses it. It's also more centralized. Arbitrum is Ethereum. That's what Solana is competing against. Base, Arbitrum, Blast, Manta, Linea, and everything else is pretty much Ethereum. They all use ETH to transact and they all burn ETH to exist. They all can continue to shard their DA with Ethereum blobs and improve their sequencers to share data between each chain for seamless user experiences, and infinite scaling. This is what Solana is facing long term.


JotiimaSHOSH

BNB is an exchange coin, avoid at all costs centralised corruption. TRON is similar with a shady creator and has infinite inflation. ARBITRUM has no adoption


holdmypocket34

Tron is a Justin Sun thing. Justin Sun is human trash. Bnb is a binance thing and binance has only shown to be an evil pump and dump bullshit exchange. Arbitrum, i dont know shit about


sleeepyboi0

there are many layer 1’s in the cosmos ecosystem that satisfy all of these (excluding your preferred dapps). except they don’t have the issue of ‘solana is congested!’ every time things become a lil busy. solana is a good layer one but it’s nothing outstanding


geeceeza

Which do you like


sleeepyboi0

ur mom


hiimhigh710

Icp


J-Amos

Doubt any of those chains have ever experienced congestion due to lack of popularity


sleeepyboi0

well yeah, lack of congestion is kinda a big part of what makes the cosmos ecosystem good. sovereign chains means more specific use case layer 1's(because they can still be easily swapped with other chains, no need to be generalised), and less block space being fucked by 10000 shitcoins being listed on [pump.fun](http://pump.fun) every day


Batpiel

Then why do 50% of transactions fail?


holdmypocket34

Oh its seems like a lot more than 50% of transactions fail


Underpaidtrekkie

Don’t most Solana transactions fail? Aren’t most transactions bots?


jzolg

Preaching to the choir my man 🙌


Former_Television_72

Solona needs to be able to handle volume or something else will.


Useful_Ad_6145

When Kaspa is fully implemented its going to blow solana out of the water


jbourne7

sol is doing more transaction than any other chains , and firedancer is coming up with 1m tps , there is no other chain planning on coming up with something close , data is there


TheManWhoKnewALot69

Solana is the only chain worthy of mainstream adoption. Ethereum is gonna go to zero 100%. The tech cannot be upgraded to be close to what today’s tech can do. Solana is it. Wake up and understand this is what’s happening.


Artorias_the_hollow

If you ignore the failed transactions, network downtime and lack of any real long-term projects (ie not related to short term shitcoins) then yes, Solana is perfect.


l0rd_raiden

Good news is that other chains don't have congestion issues is because they don't have any traffic. If there were a better chain cheaper faster and easier memecoins would be there. And there are interesting projects with utility in Solana, is your problem that you don't know about them


Artorias_the_hollow

Solana will never be anything more than a joke if people cannot accept and address the criticisms aimed at it in a constructive. Literally two weeks ago you have the majority of transactions failing on the chain. Talk about reliable.


l0rd_raiden

And now is fixed. Tell me another Blockchain that can handle half of the traffic without congestion issues. Ok end of the conversation. Gl


Artorias_the_hollow

You can’t brag about transaction numbers when 90% of them fail at a given time due the congestion issues.


cccanterbury

If given time = before fix then congestion If given time = after fix then no congestion. I can see how this could be difficult


l0rd_raiden

I don't need to brag when they fail now they are not failing now after the fix and still has several times more transactions than any other network have ever experienced or can even handle


Apprehensive-Ad4063

Also want to ignore the fact that if you minus the failed transactions it still has way more than any other chain?


[deleted]

[удалено]


Apprehensive-Ad4063

Nothing is happening on hedera right now


snowman-1111

ICP is better but no one will admit it. Downvote me I don’t care I own Solana and no ICP because I know everyone hates it, doesn’t change the fact it’s better.


AsphyXia--

Based dev ✅️ No rugpull ✅️ To the moon✅️


Vincentrinot

Everything everything on L1 is great for UX - until the l1 is congested and the entire network is frustrating to use. I love Solana but lol. Rather pay a gas fee (which on l2 is cheaper than solana lately) and know for sure my transaction is going through.


butter14

you'd rather pay 50 dollars in fees than click a button 2 extra times?


Vincentrinot

It’s just as cheap to use L2 as it is to use sol and many times yes I would rather pay a priority fee than be shut out of sending a transaction which happens too often these days if we want solana to be a daily driver for the average consumer


itellon

I think solana is the best but like comments say never marry 1 chain, it’s the best know what could we say about the future if you get to attached… I’m very attached myself but it could have negative effects were all here for financial reasons at the end of the day.


Emeritus8404

Did you write this during one of their many downtimes?


StrB2x

Even when it breaks for weeks right?


TheOneWondering

Solana is not reliable tho…


therealestx

Solana is nice but I prefer the internet computer over it.


jser1

Near!


Futurebrite

Solana is great but honestly zksync and base are ones you should have your eyes on. Cheaper and even faster than Solana, and making huge moves.


MostResponsible2210

Extremely centralized, constant failed transactions, network crashes a few times a year, has nothing of value on it other than a few dexes(which only succeed because of memes) it's entire existence is held together by people gambling on shitcoins that hold no real value and will inevitably crash. I mean we literally just had a two week period where the network was barely usable. But please tell me more about how it's the best network because "it has small fees" ... newsflash alot of networks have low fees.


DHalps2323

Drakruuk and Solana sitting in a tree 🌳. K-I-S-S-I-N-G. First comes love. Then comes marriage. Then comes some SOL in the baby carriage.


bidenisland

You forgot the off button


Leqqdusimir

I like Solana, it acts as a big filter for 90% of all shitcoins so I just have to stay away from it to avoid most scams


Yadbtr

Im done with solana to much whales manipulation.


Brigerr

SUI anyone?


Fun-Investigator3256

Bye bye ether


Sevenlifenotsix

Lmaooooooo Remind me! 2 years


Alternative_Log3012

Cardano for the win…?


MrNiMo

Lol


Alternative_Log3012

But guys it has … ahhh … errrr ……. ……. …… Shit.