How is it so resilient?

[Anonymous No.55569650]

> The king scammer of crypto endorsed this chain
> Constant shutdowns
> High inflation rate

But yet the price action is an absolute trooper despite all the fud being thrown at it. It has a massive cult following of normies at that.

I know Solana is easy to use and super cheap and fast, but is there any reason why it has a huge cult fanbase? I've never seen anything quite like it before.

[Anonymous No.55569700]

>>55569650
It works. Simple as. I was really worried I missed the boat until FTX. I backed up the truck at $8. I am killing it using concentrated liquidity on Orca. I prefer Solana when sending USDC/USDT between CEX. The phone ecosystem is still a work in progress but proof of history will be an important technology.

[Anonymous No.55569779]

Retail doesn't hold so whales are propping it up ala bch

[Anonymous No.55570067]

>>55569650
cardano like cult but unlike cardano it actually works.

[Anonymous No.55570730]

>>55570067
>ADA 'cult'
Do you think ADA has organic base? I suspect 98% of TVL on ADA is VC money. For SOL it's probably 70%-80%..

[Anonymous No.55570757]

>>55569650
It’s being shilled hard on Twitter as being down too much following ftx collapse.

[Anonymous No.55570776]

>>55570067
This. It's probably the best L1 that came into the market since 2017, Well except probably Avalanche.

Twitter like it, VC like it, Vitalik like it, Just buy a bag and ride it to the top 5.

[Anonymous No.55571844]

>>55569650
i cant believe this shit coin of all thing is carrying my portfolio

[Anonymous No.55571881]

ADA is 2017 vaporwave. I don't like SOL but the traffic on the chain active and meaningful compared to others. Also render is migrating to SOL.

[Anonymous No.55572633]

>>55569650
Inflation rate isn't that bad, especially when compared to stuff like XRP.