15H·

What is Solana?

Hello to the crypto experts my name is Levi I am 15 years old and have been investing since September 2023. Since I would say that I am quite advanced for my age, I would like to broaden my horizons in the field of crypto! Since I already have a plan of $BTC (+0.1%) I now wanted to try my hand at $SOL (-0.37%) to try it. I would be very happy if a few people with knowledge, an opinion about Solana could be found in the comments and explain it to me. Ps: of course I've already googled and had a rough look at the project, but maybe more opinions will help! Yours sincerely, Das Bürschchen

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Solana is a centralized shitcoin that aims to compete with Ethereum. Due to its centralization, Solana is faster and cheaper than Ethereum.
A large part of the supply was mined and the Solana Foundation and VCs used it to line their pockets in advance. Solana is not decentralized, is inflationary or not limited like Bitcoin and is not resistant to censorship.
The price is repeatedly driven up by certain narratives such as NFTs or "the Ethereum killer" etc.
With Solana, you can speculate in the short to medium term to make fiat profits - in the long term, I would recommend that you continue to look at Bitcoin :)

Grüße✌️
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@Testo-Investor @stefan_21 do you think you might be able to help me with this?
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