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Cluty

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    1. Asked: June 5, 2024In: Cryptocurrency Discussion

      What is a realistic price prediction for Solana (SOL) in 2025?

      Cluty
      Cluty Beginner
      Added an answer on June 6, 2024 at 1:34 am

      Solana is definitely setting itself apart from the rest. With its ease of access, low fees, instant swaps, and developers flocking to build on the platform, it's no wonder many believe it could eventually surpass Ethereum, potentially achieving a market cap 4-5 times its current size. One of Solana’Read more

      Solana is definitely setting itself apart from the rest. With its ease of access, low fees, instant swaps, and developers flocking to build on the platform, it’s no wonder many believe it could eventually surpass Ethereum, potentially achieving a market cap 4-5 times its current size.

      One of Solana’s biggest advantages is its incredibly low barrier to entry. It represents the potential for free and fair money for everyone. The Proof of History (PoH) consensus mechanism relies on computers agreeing on a synchronized clock, ensuring consistent block synchronization. Anatoly Yakovenko, Solana’s founder, was particularly enthusiastic about this concept, and I share his confidence in its effectiveness.

      There’s so much more to discuss, and I could dive into this all day. The true innovation of web3 is on the horizon, and Solana seems to be the ideal platform for it. No Ethereum upgrade, even transitioning to Proof of Stake (PoS), can match Solana’s Transactions Per Second (TPS) capabilities.

      Personally, I’m in favor of a cheaper Solana price. It would allow more people to invest at a lower cost and start innovating within the ecosystem. I’m betting SOL attain $1,000 by the end of 2025 or beginning of 2026.

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    2. Asked: May 20, 2024In: Cryptocurrency Discussion

      Solana Meme Coin Scams

      Cluty
      Cluty Beginner
      Added an answer on May 20, 2024 at 2:28 am

      Enabling people to pull off scams and rug pulls with worthless tokens IS the primary use case of meme coins. It's a tough lesson to swallow, but ultimately, you'll come to understand that Bitcoin and Hedera are the only assets worth holding. Unless, of course, you're keen on starting your own SolanaRead more

      Enabling people to pull off scams and rug pulls with worthless tokens IS the primary use case of meme coins. It’s a tough lesson to swallow, but ultimately, you’ll come to understand that Bitcoin and Hedera are the only assets worth holding. Unless, of course, you’re keen on starting your own Solana meme coin scam—a quick buck with no ethical considerations.

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