Solana is a dying coin, it'll never again achieve it's all time high. The only reason it was so extravagantly high in price was because it was backed by Sam Bankman-Fried.
Bankman-Friedβs exchange and trading firm had purchased a total of 58,086,686 SOL tokens from the Foundation(Solana) and sister entity Solana Labs from August 2020 onwards. The Foundation said it is unclear what will happen to those assets during bankruptcy proceedings.
It'll eventually be a gamble token, if it's not now a gamble token. It has maybe one more pump in it, then all Hell will take it under.
I remember the delusional comments about LUNC during it's small hype and how it was gonna make a comeback, well that didn't make a comeback; neither will Solana. Don't waste your time when theres better coins out there.
EDIT: Can't forget about their awful network and the fact that they can't stay online. It's been down 10 times and it's longest was 21 hours!
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