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For those who haven't thought about it, with a constant burn rate, SHIB's remaining tokens will become reduced exponentially faster as a percentage; be it at an almost unnoticeable at first. Mathematical fact.
Good call
I sold all when it went below 13.60. I'll sit on the sidelines until the crypto market settles. SOL has the best hope for the future. Blockchain and DeFi isn't going to go away and SOL is the best at what it does.
Did you see this?
Solana’s co-founder addresses the blockchain’s reliability at Breakpoint
https://cointelegraph.com/news/solana-s-co-founder-addresses-the-blockchain-s-reliability-at-breakpoint
I backed up the truck and loaded more @ $14.20. I think there's a floor at that price.
(I hope).
I'm in Solana for the long haul. I'll start buying even more SOL when I see some support level.
The general selloff of cryptocurrencies after FTX failed, because of fraud, is like the stock market falling 20% after a mutual fund fails. It's an obvious overreaction. Those who take advantage of the panic selling will be rewarded....in my humble opinion.
I expect an easy 100+% return within 6 months.
Sorry if you've seen this:
Ethereum Apps Could Soon be Launching on Competitor Solana
https://www.coindesk.com/business/2022/11/07/ethereum-apps-could-soon-be-launching-on-competitor-solana/
Raise your hand if you bought a sh^tload of SOL when it dipped uinder $15.
For full disclosure I doubled my holdings then. Just following the proven philosophy of "buy low".
Solana (SOL) Price Prediction 2025-30: Will SOL cross $500 by 2025?
(10/29/2022)
Reads in part "...A Changelly blogpost claimed that the maximum and minimum prices of Solana in 2025 will be $213.55 and $174.43, respectively. On average, it will trade at around $179.57 in 2025, it added, with SOL’s potential ROI predicted to be 441%.
And: " ... Finder’s panel of experts also had some predictions to make. According to the panel, SOL can be expected to hit the $166-mark by 2025. It’s worth pointing out here that these predictions were made just last month. On the contrary, the panel’s January 2022 predictions claimed SOL will go as high as $486 in 2025."
https://ambcrypto.com/solana-sol-price-prediction-5/
Brave integrates privacy friendly translate option in its browser
https://www.ghacks.net/2022/09/22/brave-integrates-privacy-friendly-translate-option-in-its-browser/
Brave Now Supports Celo Blockchain and Dapps
The decentralized, EVM-compatible, PoS platform Celo is now accessible to over 59 million Brave users around the world.
"Celo, the carbon-negative, mobile-first, layer-1 platform is now accessible with Brave, a crypto industry leader with 59+ million browser users and built-in Brave Wallets to provide greater global financial inclusivity and access to Web3 tools.
Aligned with Celo’s mission to create the conditions of prosperity for all, the integration of Celo on Brave following it’s v1.40 release allows users to engage with Mento stable assets (including cUSD, cEUR, cREAL) through self-custodial Brave Wallets, as well as with Celo’s diverse ecosystem of purpose-driven, decentralized applications (dapps) accessible through Brave Browser, like Ubeswap, Moola, impactMarket or Cyberbox".
More ....
https://www.businesswire.com/news/home/20220909005268/en/Brave-Now-Supports-Celo-Blockchain-and-Dapps
As Solana completes 95 million transactions, SOL may see a new dawn
https://ambcrypto.com/as-solana-completes-95-million-transactions-sol-may-see-a-new-dawn/
Top 10 Solana Projects in 2022
https://cryptobullsclub.com/top-solana-projects-2022/
Brave Improves Privacy for iPhone Users
https://www.thurrott.com/cloud/web-browsers/271054/brave-improves-privacy-for-iphone-users
The Fastest Browsers For Your PC Or Mobile Device
Brave
"While Brave is known to keep users private and anonymous, it’s a fast browser too. It’s not as fast as Chrome, Edge, or Opera, but it outperforms competitors like Firefox and Vivaldi. Brave scores excellent marks in running JavaScript and overall responsiveness.
Even with higher loads, Brave doesn’t slow down or show latency. It uses less RAM than Chrome, which is a huge plus if you prefer multitasking.
By default, the Brave browser blocks trackers, ads, and cookies. This feature keeps your browsing habits and preferences private. However, it’s customizable according to your needs because some websites require pop-ups to function.
Additionally, some of Brave’s features are only available as extensions on other browsers, like the built-in crypto wallet and Tor browser. For users unfamiliar with the latter, Tor is an anonymous browser that masks your identity as you use the internet.
As a Chromium-based browser, Brave is compatible with many Chrome extensions. However, you might only need a few extensions with active ad-blockers and tracker blockers. This decision helps prevent excessive resource usage."
https://www.alphr.com/fastest-browsers/
Near Protocol Discloses Wallet Breach That May Have Exposed Private Keys
"After this week’s Solana wallet hack saga, Near shares details of a potentially similar issue that it said was fixed back in June".
" Near shared a blog post on Thursday about the breach, which was reported to the team on June 6 by security firm Hacxyk. At the time, the platform let users set an email address or phone number as a recovery option for a Near Wallet, enabling them to regain access to a wallet via email or SMS......."
https://decrypt.co/106819/near-protocol-wallet-breach-exposed-private-keys
Contributors piling into Bitcoin, Ethereum, and Solana since 2018: Report
"Despite crypto market turbulence, active contributors across Bitcoin, Ethereum and Solana’s top projects have increased by an average of 71.6% per year since January 2018, according to a new report.
The findings come from a Tuesday report sent to Cointelegraph by technology investment firm Telstra Ventures, which found that Solana had the most significant annual increase in monthly-active contributors, growing at a compound annual growth rate of 173% since January 1, 2018.
Contributors are developers who push updates to code on GitHub, a code repository for computer programs.
Ethereum was second with a 24.9% compound annual growth of monthly contributors since 2018 and Bitcoin was third with a “slow and steady” 17.1% yearly increase."
https://cointelegraph.com/news/contributors-piling-into-bitcoin-ethereum-and-solana-since-2018-report
I also personally believe that BTC will continue shedding price. It's valued mostly on intrinsic value; similar to gold. It's limited to both transactions per second and the cost of same.
My investments are focused on wherever financial transactions are being decentralized. DeFi, direct digital payments and transfers. (i.e. no checks or legacy money transfers).
Also where mortgages and insurance should are digitized and decentralized. (Blockchain and DeFi).
SOL is a good investment in my eyes because it's one of the fastest, lowest cost, Def, NFT, etc. ETH and BTC are slower with higher costs.
If you think about all transactions requiring money anywhere for anything. then ask yourself if it can be done with minimal AI and not a human, and would it be better if all that company's, bank's, or institution's legacy systems should be linked together and accessed (with permissions) real time 24/7, anywhere on the globe, then that's a qualifier for DeFi, or at least, blockchain.
That's where the world is headed. It's not a plot or rumor.
Cryptos (like SOL, ETH, ADA, etc.) that are vehicles for DeFi for example have a solid future.
Paper currency is going away. And with it, old financial processes.
Wealth representation by paper is cumbersome; Digital, i.e. debit and credit cards are replacing paper and metal currency.
Many financial processes that have institutional (banks) involved are more expensive and take longer than direct processes e.g. digital payments or money transfers, smart contracts,, decentralized public information and finances, etc.
Today, stocks represent ownership in most public companies. They're just a certificate of money invested. Crypto will eventually replace all stocks with company tokens; no stock brokers involved and trades can be globally 24/7.
This is just the beginning of paper processes and documentation to digital processes and online access to public information.
Browser Market Share Worldwide
https://gs.statcounter.com/browser-market-share
Brave Browser above 60M MAU in June 2022:
Month, Daily Active Users, Monthly Active Users
2022-06, 19.2 Million, 62.4 Million
https://bravebat.info/brave_browser_active_users
Solana [SOL] NFTs stand to be the undisputed king of trading volumes in Q2 2022 as per latest report
https://ambcrypto.com/solana-sol-nfts-stand-to-be-the-undisputed-king-of-trading-volumes-in-q2-2022-as-per-latest-report/
Solana Transaction Volume Grows
One major area in which Ethereum has consistently dominated has been the volume of transactions being carried out on the network. Other DeFi and NFT networks have had to battle for the second position but Solana has brought the fight to the fore as the crypto winter rages on. The network has seen transaction volumes soar higher than that recorded on the Ethereum blockchain, making it the smart contract network with the most transactions.
This comes even as transaction fees on the Ethereum network have dropped to two-year lows. Despite this, the cost of transactions on Solana remains incredibly low compared to Ethereum, making it enticing for users. It also means that Solana is better for carry out small transactions given that users do not have to worry about paying more in gas fees than the amount that they are actually moving across the blockchain.
Solana transaction figures came out to about 630,000 transactions for the last week. While Ethereum’s had come out lesser than 500,000, meaning that Solana transactions had surpassed that of Ethereum by more than 30% for the last 7-day period.
Winning The NFT Game
The transaction volume is not the only way that Solana is giving Ethereum a run for its money. As the NFT space continues to grow, Solana has been capturing a larger market share. This has been made possible with the NFT marketplace, Magic Eden, which has garnered popularity due to a number of successful SOL launches such as DeGods and Okay Bears collections.
This has drawn more project founders to the network. Its community is growing especially given the lower gas fees required for minting on Solana. Even with the bear market and decline in NFT volume, SOL NFT transactions come out ahead of Ethereum for the previous month.
https://bitcoinist.com/solana-steals-the-lead-from-ethereum/
Excellent video (5:23 min.)
Solana's Localized Market Fee Will Prevent Crashes from Bots
Forever bullish on BAT: Brave published their numbers for May 2022!
59.3 Million Users use Brave monthly, an increase of 3.8 Million users or 6.8% in 30 days.
https://blog.cryptostars.is/forever-bullish-on-bat-brave-published-their-numbers-for-may-2022-64bb6fade62b
I love this quote from Spencer Noon, the co-founder of crypto-focused Variant Fund, who said:
"Solana has a vibrant developer ecosystem and its downtime issues are solvable. This will be obvious in retrospect."
https://investorshub.advfn.com/secure/post_new.aspx?board_id=39447
I love this quote from Spencer Noon, the co-founder of crypto-focused Variant Fund, who said:
"Solana has a vibrant developer ecosystem and its downtime issues are solvable. This will be obvious in retrospect."
https://investorshub.advfn.com/secure/post_new.aspx?board_id=39447
Many of us agree:
With most cryptocurrencies down and struggling to hold their support, SOL was up by 6.2% in the last seven days. In retrospect, both Bitcoin [BTC] and Ethereum [ETH] were down by almost 29% over the last week. Furthermore, Solana seemed to be back among the market’s top-10 cryptos too.
Assessing the state of SOL after Solana’s latest ‘real solutions’ release
https://ambcrypto.com/assessing-the-state-of-sol-after-solanas-latest-real-solutions-release/
Not Trippin': Solana Overtakes Ethereum in Daily NFT Trading Volume
Solana NFTs generated more money than Ethereum’s during a 24-hour span due in large part to the launch of the Trippin’ Ape Tribe collection.
In brief
Solana NFT sales generated more money than Ethereum NFTs during a 24-hour span, per data from CryptoSlam.
The newly-launched Trippin’ Ape Tribe project on Solana is leading all NFT projects in trading volume over the past day.
https://decrypt.co/101342/solana-overtakes-ethereum-daily-nft-trading-trippin-ape-tribe
Solana - “While market cap and revenue declined by 30% and 43.5%, respectively, the network experienced continued uptrends in usage, quantified by average active unique fee payers (+28.4%), average transactions per second (+94.8%), and total average daily transactions (+4.2%).”
https://ambcrypto.com/solana-sol-is-holding-above-50-after-the-terra-debacle-but-this-could-happen-next/
Solana is still relatively "young". True it's been going down due to DOS and minting bots more often than most would like but it gets built back stronger each time.
I look at Solana as a long term investment. It's still in it's learning stage. If it were mature, never went down, at it's 50,000+ transaction per second and transaction cost of a tiny fraction of a cent.. it's tokens would be selling for more than ETH....in the thousands of dollars.
Solana developers share 3 key mitigation steps to make the network robust
Solana 7-day Active Addresses Surpass BSC & ETH
"Solana is becoming a favorite blockchain for many in the crypto space. This is evident by the increasing number of users on the network. Recent Nansen data shows that the number of active addresses on Solana for the last 7 days has surpassed that of Binance Smart Chain. This is a major achievement as BSC is one of the top blockchains and one of the first to provide an option to Ethereum."
https://thecryptobasic.com/2022/04/19/sol-7-day-active-addresses-surpass-binance-chain-as-solana-phantom-wallet-launches-on-android/
Looks like the ole' " Whale Walls order book spoofing" trick used by whales.
Whale Walls
The Whale Wall technique used to be frequently visible in prior Bitcoin cycles, somewhat less prevalent but still happens on shady exchanges. In the old economy, this technique used to be called order book spoofing. It is a tactic where a market participant will place a large set of orders with no intention of ever having executed, the intent is to create the illusion of large demand or supply in the market. Order book spoofing was used in the commodities market in the past and even reputable old economy institutions have been in trouble for executing these techniques. I have seen this in the crypto markets during the cycles of 2013 and 2017 when whales built up large buy and sell walls on the order books of exchanges, when I saw these back then I was inclined to react e.g., I saw 3000 BTC orders which triggered me to sell and it spoofed my analysis back in 2013 catching me off guard. Older, wiser, and more experienced from those days for sure!
What probably occurred was a whale accumulating BTC secretly while markets were hitting sell orders, the sell wall suddenly vanishes as the whale pulls out his order after consummating the act. This can also happen with whales building buy walls to spoof analysis in the other direction making you think there is supported to hold up selling pressures. The triggering of bullish sentiment makes people assume long positions and then liquidation grenades explode. Whale walls and spoofed order books can create exponential profits for whales, as the same people take positions on futures markets too. They profit from volatility in a derivative market by manipulating price discovery in spot markets. This has become a lot easier to catch and mitigate against nowadays given all the data, exchange features, and alerts now available.
The manipulation technique succeeded in driving Bitcoin down from approximately 32K to just under 30K. The newbies panicked and sold but, many of these bitcoins were picked up by smaller retail buyers and more accumulation on-chain continues.
https://www.linkedin.com/pulse/common-crypto-manipulation-techniques-nitin-kumar-