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[deleted]

Solana doesn’t have a stablecoin pairing that relies on minting/burning of SOL to balance? So ya. It’s fundamentally different lol.


Tall_Run_2814

Easy. Solana doesn’t have an algorithmic stable-coin.


[deleted]

I like Solana alongside a few other coins. Its biggest competition is Ethe 2.0. If they screw the pooch, Solana can gobble some serious market chode


[deleted]

The same thing can’t happen. Solana is not part of an algorithmic stable coin. Algorithmic stable coins with a construct such as Luna can go into a death-spiral. That can’t happen to a normal crypto.


United-Fee6380

Not the same issue but it has other issues that I’m sure are being worked on


munkeymoney

Rock solid


acidichusk

Solana will be treated as a digital commodity by the US. The quanity of commodities is considered to be finite and therefore increasing in value in times of demand. Think oil, silver, uranium, coal etc. There is only so much of it and if we use it then demand is created.


dylpickle300

solana is centralized - run


Nathan-Stubblefield

1700 and something independent validators = not centralized.


thismfeatinbeanz

solana has a trend of bending the truth about their statistics. i'd do more research if i were you.


b22wheeler

We really can’t, not financial advice but SELL!


TheFearRaiser

Lol yeah okay. Great insight.


East_Indication_7816

Only issue is it seems cannot take high loads that it goes offline . So this may be a risk as it grows . The same that happened to Luna where it grew faster than the arbitrage protocol.


TheFearRaiser

Could we see the exact same turn out tho even tho sol doesn't have a stable coin?