SOL

cosmogatsby

Teach me. I’m just holding bags rn. - Chainlink - Hbar - Uniswap - BTC - ETH - SOL - XRP - AVAX - ADA - DOT I toss $100 at each one, per week. Unless prices are super low, I try to get more. Or if prices hit a high, I sell some (did this with XRP). Then I’m just waiting the long game. Bad idea?

kagekyaa

The game for most people is always stacking BTC as much as you can. look at the BTC pair and coin dominance. ETH is losing ground to other alts. so, Uniswap is also losing. altcoins is not for investing, it is always for trading to get more BTC. only 2 coins beating BTC pair at the moment, SOL and SUI. not sure if its for long. so, buy bitcoin.

jawni

>With L2's filling the same gaps and doing everything SOL can do... what is the need for another chain? Seeing as Solana's usage generally outpaces everything in crypto, isn't the market is telling us there is a bigger need for Solana rather than more L2's? >SOL provided a solution to a temporary problem - people speculating on memes needing high throughput. When you say this, it makes me feel like you entirely missed my point. Did you not read the end of my comment? or do you just disagree with this: "So we have this massive organic product market fit, showing that Solana is making good progress towards being the home for trading tokenized assets, because after all a memecoin is just a tokenized meme, and a "decentralized NASDAQ" would just be trading tokenized stocks and what not. But not only is it that Solana found the right PMF, but that fit also proved the economics of a high-throughput low-fee chain could generate enough activity to pay operators, but not inflate fees and kill the activity." >You have BASE/Arbitrum killing it, as well as MegaETH and other chains on the way. I mean, Solana is still beating both of them as it is, so I don't see why we'd assume a change here. And the other factor is that L2s compete against each other for mindshare, along with MegaETH, and along with newer chains like Monad, who also use EVM. While Solana is pretty much the only relevant chain for Rust developers. >I've used the chain. Its great, but from the research I have done (outside of this sub), it has taken shortcuts to get there and will eventually face technical debt in the areas ETH has already matured on. Kind of crazy that you think SOL has worse tech debt than ETH, I think that's a very unusual take, as most people are seriously concerned about how ETH progresses from it's tenuous relationship with it's L2s. But I really don't know what sort of tech debt you're referring to with Solana, seeing as you gave literally zero indication of what it could be.

MoonYachts

I still rotate through the usual high-volume stuff like BTC, ETH, and SOL for day trading, but I’ve also been playing around with Kalshi lately. Not crypto, but you can trade on real-world events like CPI releases or election outcomes — feels a lot like trading news-driven alt moves. Solid change of pace.

IDGAFOS

An actual response! I appreciate it. With L2's filling the same gaps and doing everything SOL can do... what is the need for another chain? SOL provided a solution to a temporary problem - people speculating on memes needing high throughput. Sure, It may have found enough adoption in that wave of speculation to remain competitive in the L2 space for a while, but it is going to face an incredible amount of competition there, and start to leak marketshare. As for ETH as an L1...I don't doubt SOL will do well for a while. I've used the chain. Its great, but from the research I have done (outside of this sub), it has taken shortcuts to get there and will eventually face technical debt in the areas ETH has already matured on. Institutions know ETH, are risk adverse, and value decentralization. Whether SOL has some of those properties or not, ETH is undeniably ahead. So in my opinion SOL had it's moment to shine, but is up against a juggernaut

Solanafluent

No, check out DeFi on Solana. Sure Solana is famous for meme coins but it should rather be viewed as a good thing that it works on Solana. Apart from that there are many different type of yield strategies you can use on Solana. Liquid staking is really cool. You get your LST by staking your SOL and you can then use that to earn even more yield in DeFi.. Kamino,Nxfinance,Texture, Banx,Meteora to just name a few where you can use it in. While people gamble away their money on meme coins smart people buy the dips in utility projects on Solana that has been around for a while.

cosmic_censor

Making their own chain is confusing, if they are unhappy with Algorand why not SOL or an existing ETH L2? What exactly is the benefit to their users to have their own blockchain.

Solanafluent

What works for me is stake my SOL for vSOL and use it in Kamino multiply pool. Gives me solid passive income

giodude556

Paper hands at its finest. You see numbers go up and you get too greedy. Also SOL? Really? The meme shit coin with the most downtime ever?

Solanafluent

SOL will recover. I would just sit still and relax and stake your SOL in the meanwhile for vSOL so you get some passive income from it meanwhile waiting for it to recover:)

Old_Load_7704

It certainly is much more than it was in 2009. :) However - even buying a fraction of one is a good idea. BTC has been the best performing asset in human history. 15 years and close to a billion X. Many have kicked themselves for not just putting a few away when they were 10 cents each. What we have to look at now is BTC is starting to hit mainstream. there are ONLY 21 million of them. EVER. No more can be produced and the last one won't be mined for over 100 years. Also we have to consider that a couple of million have been lost permanently because people don't know where that laptop went, or they didn't keep track of their private keys. How many people are on the planet??? 9 BILLION or so? Yup. BTC, especially now that mainstream is adopting, is still a great buy. It is mathematically impossible for it to not continue to hit all time highs. As long as there is crypto, there will be BTC. And all you have to do is wait. The only people that have lost money with BTC are those that sold off in panic mode. HODL. It will get there. It will get back there if it's less than what you bought for. As with ANY investment - also never use your rent money. Always have an investment fund that doesn't bite into your rent and food money. Others that have a similar outlook - ETH, SOL, POL, LINK, AVE, BNB... Coinmarket cap - top ten will be a good bet. There are many meme coins that will do well also. But be careful with those... Most are pump and dump.

mcdoggerdog

The SUI platform is so easy to use. Definitely can see it being the next SOL

dope_ass_user_name

Good move. I'm 75% BTC, 14% SOL, 8% ETH & 3% XRP

Superb_Painting4767

Fart boy on SOL is going to 100x jump on it

RamoneBolivarSanchez

I mean until it’s confirmed it’s just a vague recording on Twitter. Also no offense but anyone can use burner wallets to play an ICO. Also relative to other ICOs for competitive smart contract layer1’s (ie BNB, SOL) this isn’t very concerning lol 🤷‍♂️

Odd-Road-8688

Lol , this is buying time , im making entries in SUI, SOL and WLD coin 🚀🚀 easy 10x

Due-Inspection-5660

the market cap solana achieved even at $290 was not even close to being considered impossible - certainly not in the way that SHIB going to $1 is impossible. But obviously after a token has crashed massively, like SOL did, you can imagine that sentiment was extremely low because 99.9% of tokens that decline like that never end up bouncing back.

isopail

Dumb question, I wasn't paying much attention when SOL popped off, were people aware that it could go from something like 1.97 to 290 dollars or was it a fluke? Were people saying the market cap would be impossible, etc. or did it make sense before it happened? Just generally curious.

-End-

He has no idea what he is talking about. But his SOL bags are heavy.

-End-

Someone who holds to much SOL or sol shitcoins.

zooka19

Is CYFRF a good company to gain on SOL tax free (in my tax adv acc), or is it another shitty company pretending to know what they're doing?

hclanghart

So should we go all in on SOL? Lol

Solanafluent

Instead of trying to time the market i feel its best to just stake my SOL for vSOL and try to get more SOL that way

Solanafluent

Best is to just accumulate SOL and stake it for vSOL. Kinda like set and forget

Solanafluent

Best strategy is just accumlate SOL and staking it for vSOL. Instead of trying to time the market you can try to optimize earning yield in DeFi tbh

Ch40440

It’s cheap AF to create the coin, and at the time meme coins started, SOL txn fees were cheaper

zooka19

Keeping an eye on ETH, BNB, XRP BTC, SOL & MSTR have done me well.

Solanafluent

Solana for sure. Big ecosystem and making solid passive income staking my SOL for vSOL

igoldring

SUI’s volume is nearing that of SOL despite being 15% of its market cap so I’m not going to tell you to not buy it, rather to solely pick one of these L1s. I like AAVE because I use it, but also they have a buyback program through the DAO + nearly 20 billion in TVL. You could add HYPE for this same reason as their volume and fees generated are insane (at least 170B volume in each March and April) + (300M YTD fees). CRV because I’m bullish on stablecoin usage and I’m a fan of their infrastructure and liquidity pools for this. I do like AVAX but just confused on its placement among L1s for now. TAO has been extremely good to trade but I don’t hold any (yet). Finally CPOOL + M87 (I like their p2p platform).

plasmalightwave

What would be a good alt to buy now? SOL, SUI, INJ, APTOS or AVAX?

baldrick84

I haven't yet reached your wisdom. I used to have 20 different assets, and now I am down to BTC, XRP, SOL. I will probably find the final enlightening at some point.

Due-Candy-8929

ETH already has a spot ETF, XRP just got 2 non-spot in the US, and got a spot ETF in Brazil! More to come across alts… XRP LTC, SOL HBAR

Dazzling_Marzipan474

You could replace Lithuanian with literally any shit coin. ETH, XRP, DOT, SOL and the rest...

Pretty_Computer_5864

SOL it's not a bad pick

Suspicious_Button509

You really have to decide what you want. If you want high risk, you’d have to look way down the market cap rank. If you want to eliminate counterparty risk, stick with what we know works. Proof of work projects like Bitcoin, Doge, Litecoin, Kaspa are where it’s at. Further down in the very high risk category is Qubic which is the first useful proof of work coin. It uses the mining algo to train ai models. My money is mostly on Kaspa and Qubic, I like the risk and the revolutionary tech. I made great gains last cycle on proof of stake like ADA and SOL but once you learn that they are designed to rug you at some point, you wont look back at them.

Local-Finance8389

I would believe SOL to 300 before 10k ETH and I am not a SOL fan despite owning plenty and entertaining myself with pump.fun.

panthera_N

the way SUI is appearing on reddit is like when people kept talking about SOL at $250, i don't know whether to be pessimistic or optimistic

Solanafluent

Stake ur SOL for vSOL or some other LST to earn passive income

Django_McFly

> now back in a hole like most of us. This is always amazing to me. The longer you're around, the longer you've seen insane price appreciation. BTC was like $16k and SOL was like $10 within the past 4 years. How is it possible to be in the hole when you could have bought at prices like that?

DiamondHandzXD

Just when y’all thought SOL is done Im making some mad money

sgrinavi

Only keep what you're willing to lose on an exchange or hot wallet. SOL is cheap and fast to move around, get a cold wallet and keep most of it there. PS, don't ever tell anyone how much crypto you have, it makes you a target.

YogurtclosetTall2558

Buying at $120 is a strong position, honestly. SOL feels like a survivor. If you want to stay all-in on SOL, just move it to Phantom or a Ledger so you sleep better. Also if you are trying to explore Solana farming, Saros has been quietly improving liquidity a ton, especially with their DLMM system.

YogurtclosetTall2558

At 17, you have an insane advantage: time. You don't need to chase crazy altcoins. Stack into things that will likely survive 5-10 years out , BTC, ETH, maybe SOL if you believe in fast L1s. If you want to get a little spicy, Ocean Protocol is building some real infrastructure around AI and decentralized data. But yeah, don’t YOLO all in one shot either. Maybe DCA slowly instead of dumping all $1200 at once.

cryptoNcoffee

To focus on SOL. Most of their users are not long term holders. They are traders and the low fees and nice logo make it attractive. Because it’s not decentralized is why no institutions (other than SOL VCs) are choosing to build there. Ethereum will be the choice for those institutions until another chain surpasses Ethereum decentralization

Aconyminomicon

The guy responding to you is the typical Hedera hater who knows basically nothing about the difference in hashgraph DLT vs blockchain DLT. They don't know that Hedera is a solution to many problems, and inversly, 99% of large cap crypto like SOL/DOT/ETH/ADA are all different solutions to problems no one really has. If the coin isn't ISO20022 compliant, then the coin is not going to hold up long term. If you can't plug in to the existing framework like ISO compliant coins can, then why would SWIFT or any other network devote their own time and money into helping people use inferior networks like Solana or Ethereum. When SOL and ETH got ETF applications, nothing happened. When HBAR got its ETF application and only the application, it did a 6x. The smart money knows where to go but the average crypto person is psychologically manipulated with group think, echo chambers, and perpetual promises that will never be delivered.

eggplantpot

Ah that makes sense. Not too bad of a cost I guess. I believe there’s competitors to 11labs but the quality and customization is much better there. I’ll buy some of the SOL token once I get home, I love this project

Sabast-

The high centralization and very low fees of SOL is a problem. Of all the solutions to the classic Trilemma, SOL's approach is a terrible one IMO. It sacrifices security and decentralization, for an almost single-minded focus on scalability. A mainnet blockchain having an *outage* - at any time in the past - for example, should immediately make it a non-viable contender for anyone's portfolio. But, the crypto market is pretty dumb - or at least uneducated - when you get down to it. ETH on the other hand is way more expensive and slow, but way more secure and also no longer a great target for sh!tcoins. Other more modern chains are often somewhere in-between, but still usually much more secure and distributed that SOL. (E.g. algo, ada, etc.) Some disagree and that's fine - it's a good debate to have, if anything for more public awareness of SOL's problem. (I mean, *I'm* not going to have the debate. Go argue with the countless experts and math whizzes who actually design and/or analyze blockchains, who've expressed the opinion I'm merely echoing. I understand their arguments, just not at their level - and either way I'm tired of arguing about it.)

machin_bidule

Seems you're pretty new to BTC, so i advice you to buy a Ledger wallet. (All of them have the same level of security). They works with an app that you install on your phone, and/or computer. It's intended to be user friendly, and it can store several coins (SOL, ETH and so on) on the same device. You can lose your ledger wallet and your phone, but keep its seed (24 words) safe at all cost. "Lose your seed, lose your coinS"

ComplexWrangler1346

Why would you sell at $300? I have 25 SOL Myself at $149 average …..just keep adding then forget about it for a few years bro …SOL will eventually hit $1,000 a coin and higher …..it’s still only 5 years old

RefrigeratorLow1259

Think SOL should just stick to being a meme factory - loopscale?https://www.cryptotimes.io/2025/04/27/solana-defi-protocol-suffers-5-8m-exploit-weeks-after-launch/

Adrian3X3

I personally would go with ADA, given the vast progress that they did and the bridge to Bitcoin that will be ready this month, though you could also go with XRP/ETH/SOL.

KofiUchiha

SOL is the native token of the solana blockchain. also, never trust telegram links from random persons, never share your seed phrase or private key with anyone. if someone is asking you for it they 100% are trying to scam you out of your money

1infinite_half

Just be smart with your money. Do some research about what Bitcoin actually does. As you can see, a lot of people are shilling coins to you. They all think the maximum gains are in whatever they bought, but the math doesn’t lie, it’s Bitcoin. Since you are looking for some alternative plays though, ONDO is a pretty solid bet. XRP, ADA, and yes SOL also. But I’m saying, keep your allocation upwards of 80% Bitcoin for ten years and you can retire.

Gullible-Tie7535

Buy high sell low is key to winning the crypto game, your on track to getting crushed, recked and destroyed. Last cycle SOL dumped from $200 to $10,

ShieldScorcher

SUI and SOL Just those two are making real money atm Best technology Best speed Best utility Best potential

Ok-Western-5799

In addition to BTC, look into strong Layer 1s like SOL and XRP. Supra is another one. It's a lot newer, with multi VM tech, native oracles and more.

NefariousnessBig6302

You can check out my portfolio breakdown here: [my tweet link](https://x.com/james__startup/status/1915276875796267432?s=46)My tweet link I’m holding ~250 BTC and a bit of SOL. I sold all my ETH in 2024 when I saw the clear trend — BTC is separating itself from the rest. SOL still has potential, but I’m cautious. Bought a small position and now just watching for real momentum. For 2025, my plan is simple: Stack BTC. Only adding to SOL if it proves it can run with strength. Sometimes, less is more.

Icy_Mushroom_425

SOL is short for Solana, a popular blockchain known for being fast and cheap to use. It's not a scam by itself. But if you got an unsolicited link on Telegram, be very careful - scammers often use real projects to trick people. Never click random links or send money without double-checking everything.

Richard_CWeb

ETH is the obvious next step. BTC is the king, ETH is the economy.SOL is the memes!)

Bitter-Entrance1126

BTC All the way, but you can add little SOL also, cos it has strong fundamentals

CMakster

LINK, SOL, TAO maybe LTC.

Nitrosdaddy

SOL

Drdunk91

85% BTC , 10 % Roth IRA, 5% SOL. I bought SOL before BTC so I’ve been holding it ever since

Ok-District8379

SOL Bro 😎 if you want I can share a Bot that doubles your SOL automatically in one week

Django_McFly

Over the past month, SUI has damn near doubled and SOL is up 50%. It's definitely something season.

Ok-Western-5799

Not bad, but sure it can be better. I'd say you reshuffle, and get some SOL, EOS, and LINK

OvercaffeinatedKoala

I bought SOL using the regular Kraken app, not the Pro version. Now that the price has gone up, I am in profit. So that was just a simple buy order, I think. After that, I switched to the Kraken Pro app. There, I go to the SOL-EUR trading pair and click on Sell. What I want to set up is this: the current price is 132.8, and I want it to sell automatically if the price goes up to 135, but also if it drops to 123. But I cannot seem to get it to work. Why is that? What am I trying to do exactly? Maybe I can dm you if that’s ok?

UncleFred-

A couple points I'd argue. First, I think it's very debatable if any crypto project solves a technical issues in a way that isn't already addressed with non-blockchain technologies, and done in a way that cheaper and faster. If this were true, these projects would be mainstream and adopted widely and rapidly. At best, BTC is a Hege against inflation, SOL is becoming the mainstream platform for gambling, and stablecoins will be used for international exchange, especially for illicit purposes. Everything else is either extremely niche or a solution in search of a problem. In short, its mostly marketing wrapped up in arcane techno-babble designed to deceive investors. Given this environment, I think it makes much more sense to dispense with the utility arguments and simply look at community strength and narratives. Utility is a narrative, but it is just one of many these days, and mostly only attracts the original core nerd audience. Crypto is much broader now. I think your best bet is to look for good small-cap projects with a strong community and a proven history of success. A good example of one might be Hege. Through hand-crafted art and a narrative of the under-dog, Hege has built up an almost fanatical community. These guys have stuck with the project for months, grinding through summer lulls and winter slowdowns. As soon as gamblers return to Solana, retail interest in small-caps will return and people will once again buy up this token. These guys are all over Reddit, and each time the market turns positive, the token pumps harder than the last. I used to buy up all these utility alts and only saw modestly small increases. Mostly, they just went nowhere. These tokens are not good at aggressive marketing, and have a very limited appeal outside techie audiences with limited room to grow due to their high market caps. Check out a small-cap, long-term project like Hege instead.

Rogey123-456

FACTS. BUT, BTC, SOL, SUI, and TAO(bittensor)

mattsbeunhaas

Don’t expect to become rich overnight, the crypto market is way too saturated, so the chance you’ll hit a cheap altcoin that skyrockets and stays stable on a high value is veeeerrrrrry small. Investing in altcoins is a huge gamble most of the time. Invest for the long run, only with money you can afford to lose and only in projects you believe in. BTC is by far the safest bet, and if you want to buy some alts, I would recommend ETH, SOL, XMR and maybe XRP. And if I were you, I would put some money in an all world ETF. Trump is fucking up pretty badly at the moment, but in the long run, in a world ruled by capitalism, everything must always yield more money. So ETF’s are pretty cheap at the moment 😉 Good luck!

JOxen89

I would load up on $HEGE on SOL. Team has been building and the rebound will be very nice!

the_bueg

SOL is way too centralized. Doesn't mean the market understands that and will penalize it for it though. Plenty of rediculously, high-risk centralized coins are among the highest capitalized coins. I linked to some coin advice above.

Buydipstothemoon

Who wants to become the king of shit coins? BNB and SOL are in the same boat, but ADA is not.

Key_nine

Just a learning curve. I once bought the wrong chain and had to figure it out how to get it to the right one. I bought SOL on BNB when I wanted SOL on its native chain. So many coins like this that are wrapped in another chain.

Sabast-

As a seasoned 25+ year investor, I would tweak this a bit: - Pay of all debts first - unless you have an essentially free interest rate like 3%, and a comfortably manageable monthly payment. But pay extra to get the princapal down faster. - Put 20% into a super safe, liquid cash-equivalent instrument (eg savings account), until you build up enough to cover 6 months of normal living expenses. - Then drop it down to 10% and keep going until you have a year's worth, and keep going. Dip into it for after that for emergencies or big purchases, but never go below an identified 1 year of expenses, and try to keep growing it. - I would stay away specifically from XRP and SOL. I don't know why those have been doing well, but then again I don't know why TSLA hasn't crashed. People are stupid, and the market is dumb and irrational. Yes, they have been working to facilitate cross-border payments. But there is nothing intrinsic to either that allows that, just agreements that any crypto foundation can - and will - make, so not a real, unique, lasting competitive advantage. High TPS is good, but comes at a serious cost to the other two anchors in the Crypto Trilemma. The real and serious problem is that both of those lack the very two things that most crypo is great at: transparency and decentralization. SOL specifically has had *outages* in the past. That is totally unacceptable for something that should be trustless and decentralized. That it hopefully may never happen again, is irrelevant. That it ever happened at all, is a HUGE red flag. You might do well by getting in - just be sure to get out at the very next overheated market, just in case. I sure as hell am not touching either with a ten-foot pole. - BTC and ETH are always solid bets. I don't understand why BTC is beating literally anything - all it is, is "the first", and has name recognition for boomers telling their brokers "I want in on this crypto thing". That's it. Plus this delusion that it's "digital gold". So for that, it's probably not going anywhere for a while, and will probably continue to outpace everything else for years to come. Possibly even 10x'ing again before you know it, inexplicably, against all reason and logic. - Can't go wrong with other solid alts with fully open and transparent architectures, governance structures, and validators - like Cardano and Algorand. Hedera uses a new tech and is well-organized, very open and non-sus - but seems a little overhyped at the moment (unlike say underdog Algorand).

Solanafluent

Personally, I just buy every month and liquid stake my SOL bag for vSOl. When market goes down there is usually some solid yield oppertunites to pick. It keeps my sanity at least. My long term goal is just to accumulate as much SOL as possible.

Alone_Purchase_5212

You are probably right. And I could obv. just ask in one of those groups. But just seemed weird that these private people buy USDT, SOL and BTC back and fourth at discounting prices

Solanafluent

Been staking my SOL for a couple of years. As long as you chose solid projects that has been audited you should be fine. Your vSOL (LST) is backed 1:1 so if something were to happen with the project you can always swap on a DEX. Solana has the most amount of DEX volume combind with all exchanges.

ScullingPointers

Is SOL a safe coin to stake compared to others? I'm staking Cosmo or whatever and it sux

Square_Success_4173

Do you think this is good : BTC = 680 CHF 40%, FET = 510 chf 30%, SOL = 510 chf 30%

Solanafluent

No SOL? Despite it being mentioned to be used most likely in US digital strategic reserve?

Solanafluent

If your not doing it already I suggest staking your SOL for some extra passive income

noviwu97

My brotherbin Christ, you just mentioned SOL and SUI

mytreya96

It could happen due to the liquidity providers. Whenever someone provide liquidity, they deposit 50% of that token along with 50% of it's underlying chain token, ex. WIF/SOL and setup up a range. If the price stays in that range they make profit, but if it drops below that range, their remaining SOL is converted to WIF and if prices moves up outside range, the WIF tokens are converted to SOL. This causes large red or green candles

ozera202

I think the best performing coins this cycle are BTC, SOL,SUI

Due-Candy-8929

If you’re just clicking sell you are not getting the price shown… you are getting just selling to the available buy orders - if you put in proper sell orders then someone might fill your order… if this isn’t the case it seems like 2.7% is being lost overall in fees? But you will lose some fees when both buying and selling …. Also depending on where you are selling might trigger a taxable event… so if you bought your SOL for 400, and sold for 504 , you would owe tax on the 104 profit

Solanafluent

Been feeling that too, staking SOL with vSOL via The Vault lately, and the whole flow just feels way more smooth than anything I ever did on ETH.

Solanafluent

You are probably much better off by just staking SOL for vSOL and playing around in DeFi for passive income :D

Solanafluent

All of those are shitcoins. People are actually using the chain Solana so I would suggest looking into that, and if you do. You can also stake your SOL for vSOL to earn yield :)

Solanafluent

Avoid centralized exchanges as much as you can. It's much cheaper if you swap from SOL to USDC on like Jupiter/Orca and then send it to a CEX. Also if you stake on CEX it's even worse, they take 35% of the rewards so I just stake with The Vault for vSOL atm

staycalm_oldfriend

It’s the next SOL

express_sushi49

this is why I only ever send to and from addresses I've saved as a named contact. On CDC exchange, Solflare, etf. Use the address book feature, everyone. I got address poisoned once last year too, thankfully all I lost was 1 SOL. Still sucks, but nothing remotely close to 700k USD

Escapement_Watch

Only BTC SOL and HBAR Ur welcome

Due-Candy-8929

the escrow mechanic also stops the biggest holder Ripple from dumping their supply - and they have been holding for 12 years and only adding more and more utility with time, not to mention their acquisitions like Metaco, Hidden Road and banking licenses etc… (There is nothing similar stopping Satoshi, Russia / China / microstrategy/miners or other whales from dumping their supplies on mass) and it’s actively in their interest to make the tech as functional and useful as possible … there is a fixed supply (unlike ETH / SOL) - cost to produce does not inherently equal value. Especially when that cost is ONGOING for an alternate product even after everything is produced: premining is a feature not a flaw. - Fiat currencies are literally printed out of thin air daily, yet people accept and use them because of trust, liquidity, and utility. XRP, on the other hand, is finite, has transparent ledger history, and runs on one of the most efficient blockchains in existence (that has been running over 12 years) At some point not buying became the dumb decision, especially if youre argument is the thing that is slower, much more expensive to transfer, and much more expensive to produce somehow is inherently better value 🤔

No-Group5143

I’ve also just returned to crypto (specifically BTC with a little SOL) after several years of just buying stocks as the US market is cooked with Trump in charge.

fairysquirt

to be clear if you're learning. there is a distinction that many have forgotten but is worth always stating imho. a coin has its own blockchain, a token rides on another blockchain. bitcoin on ethereum is an erc20 token, so is WETH on Ethereum, but ETH is a coin on ethereum but needs to be wrapped into the erc20 token standard to be used in DeFi just as any other token. bitcoin is the coin of bitcoin blockchain, runes are not coins they are effectively tokens following a token protocol on bitcoin. doge is a coin as its the native currency of its own blockchain. shiba is not a coin, it was a token launched on ethereum. people somehow confuse them. coins generally in my mind hold alot more merit as people who created them actually had to be blockchain developers, propagate, promote and manage their own networks. doge and wif are NOT comparable asset classes. people forgetting or not really caring about the distrinction is how this memecoin run is a rug fest because its a memetoken run and they require zero effort, skill or intention to deliver anything, or need to have any effort or continual work be done to maintain their ongoing existence. a whole network had to die for a coin to be a rug, often enough. not saying POS coins that used bitcore qt wallet works didn't lose value, but they had more merit than most tokens. there was alot more involved to integrate a coin into a website. tokens can do alot on the backs of the mother chain's compatability and talented devs work. tokens are often parasitic to the chain and the market cap of the native coin, sometimes they are the marketing and brands that draw people to that chain and support the price of the native token. maybe SOL is like this as many LPs are SOL/Shit token pairs. anyway call coins coins and tokens tokens and atleast I will be happy, apparently nobody else in crypto gives a shit anymore.

the_bueg

In my imperfect estimation, Monero has had the most stable price action in recent years. That, along with better TPS and lower tx fees that BTC - not to mention the privacy and fungibility of cash - a WAY better "currency" than BTC. I've written at length in a few other comments the last couple of days why BTC is the absolute worst "currency" of all crypto, but other comments basically encapsulate it. Monero still has an energy problem though. Not a month's worth of average US household electricity for each transaction like BTC, but it's still inefficient PoW, and with higher adoption, would attract even more miners. (I mine it myself but 100% solar and for a reason unrelated to profit. I still lose money.) Algorand is a highly underrated coin, near-free, about 1 second settlement, has USDC, time-and-battle-tested, and outstanding open governance and concentration-resistance. Cardano attributes *almost* as good, but no stablecoin yet. (And for investors, not undervalued.) XRP and SOL are too centralized and opaque for my tastes, and grossly overvalued IMO. Hedera seems promising but currently price action is too hyped (good for me bad for a currency). Needs more time, and a stablecoin. But none of that probably matters. Certainly not some rando's analysis, no matter how sober. If TSLA can take off after that earnings announcement, nothing really matters. Although we already kinda knew that in our heart of hearts didn't we - with BTC being the winningest coin going for no good reason other than being the first, and its name recognition by boomers who know absolutely nothing about crypto and just want to be able to call their broker and say, "get me in this 'crypto' thing!".

cecirdr

This feels like the old VHS vs Betamax thing. The lesser standard won. (I sure dated myself didn't I) I personally lean more toward Hedera and Cardano in my current portfolio despite most of my holdings being BTC. SOL has seemed iffy to me and I got rid of most of my holdings. XRP seems poised to break out, but I concur with your sentiment on it. I'm in ETH because while it's taken heat for going POS, that is much more useful for becoming a true currency. I'll look into ALGO. It sounds intriguing. I have the same feeling that you do though, that all the logic in the world won't amount to diddly when we start to see all of this eventually shake out into its "final form".

the_bueg

It's so irrational. BTC's value is not as a "currency", but as "digital gold" as they say. A "finite store of value". Which to me sounds like copium, and has no defensible basis in reality. At the end of the day, IMO, it's just a speculative asset, plain and simple. Don't get me wrong, I've been in BTC for almost ten years - and slowly bought more through every major downturn - and it's done very well for me. So I'm not complaining, but I don't get it. It's not just irrational, it's moronic IMO. XRP and SOL are very high throughput and solving some problems like cross-border payments, but both are too opaque and centralized IMO, and SOL has had actual outages - an absolute non-starter in my book. I don't know how anyone can accept that, even as a historical blip. No distributed P2P crypto network should *ever* have an "outage". But again - the market is not rational, so what I would think should matter, is utterly irrelevant. Why has TSLA been going *up* after last earnings call? Up is down, and red is pineapple quarterback. Hedera sound really intriguing to me. I (and apparently only I) think of it as "Gen 3" crypto. I think of Algorand and Cardano are "Gen 2+", and ETH on Proof-of-Stake is "Gen 2". ETH on Proof-of-Work was "Gen 1+" in my mind (supporting smart contracts but still crazy power requirements), Bitcoin is "Gen 1 proof-of-concept". The first. Works about as well as a toddler eating glue. Monero is solidly and [I'd argue] the best of Gen 1: still PoW and no smart contracts - but low tx costs, faster than bitcoin - and as private and fungible as cash. I myself am mostly in Bitcoin, but betting heavily on Hedera and Algorand. ALGO is a total underdog, overlooked, underappreciated, and IMO grossly undervalued. What it has going for is is essentially free and instant transactions - among the quickest going - excellent governance and decentralization model, USDC is available on the chain, and the foundation is apparently making deals left and right with governments and other organizations. To do what, exactly, I don't quite remember [and/or never bothered looking into it more] - but the chain could certainly be used as the basis for one or more government-sponsored digital currencies for better or worse. (Better for ALGO, for sure.) But again, fundamentals and logic really don't seem to mean shit. Just throw a dart at the friggin wall.

cecirdr

You said very clearly the thoughts that were in my head when I bought my first crypto only a few months ago. I have half of my money in BTC, but part of me has continued to wonder why BTC is so popular and ALTs lag. I have the rest of my investment spread out between XRP, HBAR, ADA, SOL and ETH, because I have no idea which ALT could "win the war". At some point, crypto has be start being used as currency....right? I don't see BTC being able to do that any more than gold can be used as a currency. It's just not transactional. I'm still thinking that at some point, the need for transactional speed will cause ALTs to gain traction. I wish I understood the underlying mechanics better so I could figure out which ones were better poised to be "the one". So until then, I'll just spread the wealth and continue mostly in BTC, with the other half in ALTs.