/biz/ - Business & Finance

[Anonymous No.56607460]

Why the fuck is solana still a thing and why is it pumping

[Anonymous No.56607469]

Because it's one of the few cryptos that will actually have adoption.

[Anonymous No.56607484]

>why is it pumping
All alts are pumping following btc. nothing about them they are gambling coins.

[Anonymous No.56607593]

>>56607460
Because eth needs replacing. Solana is the best candidate to take the mantle

[Anonymous No.56607668]

>>56607593
>>56607469
I didn’t realize this is a normie board now

[Anonymous No.56607720]

>>56607469
>>56607593
>retards will see Sam fraud going on probation "jail" and then his crypto pumping and want to jump on that

[Anonymous No.56607803]

>>56607593
It's really not. Lacks flexibility, core philosophy and innate technical uniqueness/improvement (VM excluded).

I really don't want to be one of those "new EOS" guys because Solana is much better, but it's closer to that family tree than being something worthy of replacing Ether.

[Anonymous No.56607810]

>>56607593
You idiot. ICP is light years ahead of ETH or Sol.

[Anonymous No.56608307]

Tectum is 1.2m tps. Dyor

[Anonymous No.56608327]

>>56607810
Explain why

[Anonymous No.56608505]

It's because rh and American exchanges are dumping massive amounts of it and link so people opened massive shorts on it so exchanges had to buy it up to liquidate those shorts

[Anonymous No.56609029]

>>56608505
Based

[Anonymous No.56609060]

>>56607803
i agree. eth will remain #2 for as long as crypto exists. sol will be gone within 2 years IMO.

[Anonymous No.56609129]

SOL is the ADA of the coming bullrun

[Anonymous No.56609175]

>>56608327
Faster. Cheaper. Multichain

[Anonymous No.56609196]

>>56609175
1 admin key nigger. nobody will go near it. watch and learn.

[Anonymous No.56609561]

>>56607460
It's pumping because of leverage. Common strategy for distribution is to keep price above some psychological/important level with margin and limit sell. For sol it was around 40. Because they keep that price above that level, retail will fomo and add some leverage and they get to dump their bags. Once they are done selling spot, they will close that margin on market. It will crash the price because all the dip buyers are overleveraged too. Check funding rates.

[Anonymous No.56609571]

>>56609561
They are doing the same exact thing on btc since yesterday...

[Anonymous No.56609636]

>>56607460
The UK's most popular bank have just stealth released an iOS and Android mobile payment app for normies that runs invisibly on Solana rails in the background. They must have been planning this even before Solana mainnet launched. It's obvious to anyone paying attention that TradFi has already chosen Solana and have been building out the infrastructure since early 2020.

[Anonymous No.56610236]

what's gonna replace eth?

[Anonymous No.56610341]

>>56607593
Kek

[Anonymous No.56611148]

>>56607593
Wrong. Kava is the best replacement. But you niggas refuse to talk about it because Solana became more popular for arbitrary reasons and so the name is ingrained in your little minds.

[Anonymous No.56611168]

>>56607720
SBF going to jail has unironically been the best thing that could've possibly happened to SOL, believe it or not.

[Anonymous No.56611189]

>>56607810
Kill yourself, pajeet.

[Anonymous No.56611197]

>>56610236
me on the left

[Anonymous No.56611220]

>>56611148
>ETH co-chain whose whole gimmick is that it's a layer 1 instead of a Layer 2 like ARB, OP, or MATIC
Lol. Lmao, even.

[Anonymous No.56611238]

>>56611189
do these people have a response to this simple image or do they just ignore/go away?

[Anonymous No.56611250]

>>56609636
This is what avalanchefags keep repeating over and over again.

get a new narrative already

[Anonymous No.56611271]

>>56611148
>popular thing good, obscure thing bad