A panel of crypto-industry experts has predicted Solana will be worth $166 by 2025 and $512 by 2030. “SOL is one of the main competitors in the smart contract blockchain space. They will likely be one of the main beneficiaries if Ethereum upgrades fail to deliver transaction fees Less,” said one expert.
Solana price prediction
Price comparison portal Finder updated its solana (SOL) price forecast on Tuesday. Finder “Measures experts’ expectations of the future of SOL price” using weekly and quarterly surveys. “Our largest quarterly survey, last conducted in July 2022, asks a panel of 54 industry experts for their thoughts on how Solana will perform over the next decade,” the company wrote.
Our committee believes that Solana (SOL) will be valued at $45 by the end of 2022 before rising to $166 by 2025.
In addition, the committee expects the price of SOL to rise to $512 by 2030.
Compared to previous forecasts, the panel was significantly more bearish in July, and expects SOL to end in 2025 at $166 and 2030 at $512. In contrast, experts in January predicted that SOL would reach $222 by the end of the year before reaching $486 in 2025 and $1,267 in 2030.
Panxora Hedge Fund general partner Gavin Smith, one of the experts on the panel, is more optimistic about solana’s future than the panel average. Expecting SOL to hit $76 this year, he said:
SOL is one of the leading competitors in the smart contract blockchain space. They will likely be one of the main beneficiaries if the Ethereum upgrades fail to offer lower transaction fees.
At the time of writing, solana is trading at $43.08, up 16% over the past 7 days and 19% over the last 30 days.
Regarding the Sonala outage, Finder elaborated: “Stability is a major concern for SOL because it is still running on a test network until the launch of the Solana Mainnet. While the Solana Mainnet is supposed to stop the outage, our panel is not Confident, with 69% saying they expect SOL to continue power outages. Only 6% say SOL will fix the problem.”
Experts were also asked if it was time to buy, keep or sell Solana. The researcher explained:
The panel is relatively divided on what people should do with SOL, with 40% saying it’s time to buy, 31% saying wait and 29% in favor of selling.
painting includes University administrators, cryptocurrency exchange executives, crypto research analysts, and CEOs of many companies that have crypto-related products.
Finder experts have also recently made predictions about several other cryptocurrencies, including Bitcoin (BTC), ether (ETH) and cardano (ADA). In May, the Finder Committee predicted the death of the shiba inu (SHIB) cryptocurrency meme.
What do you think of Solana’s predictions from the Finder panel of experts? Let us know in the comments section below.
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