Can SOL Solana cryptocurrency hit $100?
Arthur Solana is one of the crypto startups invented to solve the difficulties in scalability. It runs on its own blockchain using the Proof-of-History consensus algorithm. It installs historical data in blockchain to prove the transactions which are saved in the digital ledger.
In this article let us try to understand in-depth on the Solana Price Prediction for 2021 and beyond and we will look at some marketers’ views on SOL Price.
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Solana Price Prediction 2021
With a steady recovery in price, SOL traded at $1.60 during the start of January. Progressively, the altcoin continued to recover. The coin reached its resistance level to hit $3.88 and further started to variate. The price Solana might escalate if it grabs the attention of the marketers and enhances its user base. The price may rise simultaneously. At the end of 2021, Solana might be traded at the $18 mark.
SOL Price Prediction 2022
SOL might commence the year with a trading price of around $20. The price is anticipated to grow further if the bulls hold the market for a longer period. The price may hover between $25 and $35 for several months. By the end of 2022, Solana might exchange at $40.
5 years Solana Price Prediction
In 5 years, SOL might concentrate on inbound developments and it may provide more platforms for developers to create decentralized applications. It may reach newer heights and focus on certain partnerships for the betterment of its protocol. By 5 years Solana could reach the $100 mark.
Solana Market Prediction
- CoinArbitrage
According to CoinArbitrage, the price of Solana could be3.75057 at the end of 2021. In the next 3 years, Solana could reach the highest price of $26.8402 and the lowest price would be $2.31785.
- WalletInvestor
According to WalletInvestor, Solana could be an outstanding long-term investment. It would trade at $8.060 at the end of 2021 and $20.630 by the end of 2025.
- Gov.capital
According to Gov.capital, Solana would be traded at $6.29625 by the end of 2021 and $19.3407 by 2025.
- TradingBeasts
As per the analysis of TradingBeasts, Solana will be traded at $6.14581 at the end of 2021 and $11.32595 by 2024.
Our SOL Price Prediction
Solana entered the year 2021 with a trading price of $1.60. On a bullish note, the altcoin started to rise further. As Solana is an emerging DeFi coin, its price might likely boom.
It might concentrate on certain collaborations to bridge its assets to DeFi. It will encourage the new upcoming startups and it could be a new competitor for other currencies in the market. By the end of 2021, it might trade around $20 and anticipated to reach up to $120 in the future.