A group of crypto industry experts predicts that solana will be worth $166 by 2025 and $512 by 2030. “SOL is one of the main contenders in the smart contract blockchain space. If the Ethereum upgrade fails to provide lower transaction fees, they could be one of the main beneficiaries,” said one of the experts.
Solana Price Prediction
Price comparison portal Finder updated its solana (SOL) price forecast on Tuesday. Finder uses weekly and quarterly surveys to “measure experts’ forecasts for future SOL prices.” “Our last larger quarterly survey, in July 2022, asked a panel of 54 industry experts what they thought of Solana’s performance over the next ten years,” the company wrote.
Our panel believes that the value of solana (SOL) will reach $45 by the end of 2022 and then rise to $166 by 2025.
Furthermore, the panel expects the price of SOL to increase to $512 by 2030.
The group was significantly more bearish in July than its previous forecast, projecting SOL to close at $166 in 2025 and $512 in 2030. By contrast, experts in January predicted SOL would hit $222 by the end of the year, then $486 in 2025 and $1,267 in 2030.
Gavin Smith, general partner at the Panxora hedge fund, one of the panel’s experts, is more optimistic about solana’s future than the panel’s average. Expecting the price of SOL to reach $76 this year, he believes:
SOL is one of the main contenders in the smart contract blockchain space. If the Ethereum upgrade fails to provide lower transaction fees, they are likely to be one of the main beneficiaries.
At the time of writing, solana is trading at $43.08, up 16% over the past 7 days and 19% over the past 30 days.
Regarding the outage in Sonala, Finder detailed: “Stability is one of the main issues facing SOL as it is still running on the testnet until the Solana mainnet launches. While the Solana mainnet is said to prevent outages, our experts The group was not confident, with 69% saying they expected SOL to continue the outage. Only 6% said SOL would fix the problem.”
Experts were also asked if it was time to buy, hold or sell nightshades. Finder explains:
The group is relatively divided on how people should approach SOL, with 40% saying now is the time to buy, 31% holding and 29% advocating selling.
The panel includes university directors, crypto exchange executives, crypto research analysts, and executives from various companies with crypto-related products.
Finder’s experts also recently made predictions for several other cryptocurrencies, including Bitcoin (BTC), Ether (ETH), and Cardano (ADA). In May, Finder’s group predicted the demise of the meme cryptocurrency shiba inu (SHIB).
What do you think of the solana forecast from the Finder panel? Let us know in the comments section below.
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