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The utility of the Solana token has been steadily increasing over time. We are currently at a point where it is difficult to predict how much further can go, but there are some signs that suggest this coin could reach new highs in the coming years.
The “solana price prediction 2030” is a cryptocurrency that has been predicted to reach $5,000 in the year 2030. The reason why some strategists say this will be possible is because of the technology and innovation that has been put into the project.
A poll by Finder, a product comparison website, has revealed what it believes the value of Solana will be in 2025 and 2030. The value of the “Ethereum killer” would climb to $1,100 and over $5000, according to the poll.
Price of Solana in 2021
The study, which included 50 crypto professionals from the fintech and crypto worlds as panelists, inquired about the asset’s worth by the end of the year, by 2025, and its price over the following decade.
Joshua Fraser, the co-founder of Origin Protocol, claimed that Solana’s price would reach $250 by the end of the year, and that the asset would ultimately become a viable rival and alternative to Ethereum, the second biggest crypto asset by market size.
“Solana will be the most prominent alternative to Ethereum and Ethereum layer 2s in hosting DeFi,” he predicts. This is a massive market to be tapped into, and the SOL price may reflect that.”
Another panelist, Gavin Smith, a general partner of Panxora Crypto, backed with Fraser’s estimate that it will conclude the year with a value of $250.
Surprisingly, Solana’s price has risen to as high as $250 in the previous 24 hours, and there are indicators that the asset’s worth may transcend that amount by the end of the year.
In ten years, what will Solana be worth?
By 2025, Finder’s panelists seem to agree that the asset’s value will have exceeded the $1k barrier and will be selling at $1,178. They also anticipate that by the end of 2030, SOL will have surpassed $5,000.
However, the panelists acknowledged that Solana’s recent DDoS assault, which knocked the network down for a period, might offer a future difficulty.
According to the study, 40% of respondents thought this would be a future problem for the network, with Jonathon Miller, managing director of Kraken Australia, noting, “Confidence in L1 blockchains is crucial, and SOL does not have that degree of trust.”
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Posted in: Adoption, Solana
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The “sol price prediction 2025” is a cryptocurrency that has been around for quite some time. It has seen a significant increase in value over the past few years, and many people believe it could reach $5,000 by 2030.
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