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CoindiskusEnlightened
Asked: April 11, 20222022-04-11T11:01:18+00:00 2022-04-11T11:01:18+00:00In: Terra Luna

Is Terra Luna a better investment than Solana?

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  1. cryptogeek Pundit
    2022-04-11T11:02:05+00:00Added an answer on April 11, 2022 at 11:02 am

    Both Terra (LUNA) and Solana (SOL) are good crypto assets to invest. They both recorded thousands of percentages in gains last year. In another bull cycle, both of them could rally again. However, if you want to maximize your returns by going big on one of them, then Terra (Luna) is a better investment than Solana.

    Several factors support Terra’s prospects when compared to Solana. The most obvious one is Solana’s network issues. It is in the public domain that there are issues with Solana network stability. Solana has gone down a couple of times in the last 6-months. This has even been highlighted by top cryptocurrency-related institutional players.

    For instance, in late 2021, Grayscale, one of the best-known institutional players in crypto, noted that Solana has issues that include: Centralization, network security, and competition from other networks. Due to these risks, there is a good chance that Solana could lag its competitors such as Ethereum and Terra in the next bull rally.

    However, Terra’s high potential is not only premised on Solana’s weaknesses. It happens to be one of the fundamentally strongest cryptocurrencies in the market.

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