Solana (SOL)
Solana is a cryptocurrency based on blockchain technology that Anatoly Yakovenko founded in 2017. It seeks to provide solutions to the traditional problems that the Bitcoin and Ethereum blockchain are facing in today’s time.
Furthermore, the Solana network uses proof of history consensus. This technology enables the network to create records that can be used to track and prove historical events.
The Solana network has its own native cryptocurrency: SOL token. As a result, the network uses this token as a reward to all its community members on the platform. For all the interested traders and investors, the token is available at exchanges such as Binance, OKEx, and VCC Exchange to name a few.
Regarding the Solana technology team, the crew is backed with professional experience from top organizations around the world. These organizations include Apple, Qualcomm, Intel, Google, Microsoft, Twitter, Dropbox, and more. With this, we can say that Solana is really competitive in creating groundbreaking technologies.
How Many SOL Coins are Presently in Circulation?
The Solana Foundation has announced that a total of 489 million SOL tokens will be released in circulation, of which 260 million have already entered the market.
Price prediction
Solana coin price may have started its growth back in February but it didn’t feel the crash that happened in late spring as strongly as ETH and BTC.
After a rather slow surging in June and July, its value broke through in mid-August and continued to rise until mid-September.
By 2022, experts predict that SOL price might become more stable and reach $300 or even top $400.
Solana (SOL) Price Prediction 2023
If this bullish trend continues, SOL will reach $500 by the end of 2023. Moreover, the first half of 2022 is going to show rapid growth, up to $550. Then the rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $500 is quite optimistic in the price point of view but undoubtedly feasible for the near future.
Solana (SOL) Price Prediction 2024
If SOL holds the support level around 200-MA which is the long-term moving average, buyers will then have ample time and stability to forge the next attack mission on the vital level at $750, making it not plummet but play consistently.
Solana (SOL) Price Prediction 2025
As per the latest upgrades, developments, SOL price prediction, and new project forecasts of the platform, SOL investors could expect many partnerships and integrations around 2025. Moreover, this might boost the price of SOL in the crypto market, and it will be the best investment as the price can spike and reach around $900.
Solana (SOL) Price Prediction 2026
In the next four years, SOL prices could race up to $1200. However, reaching this level could not be so difficult for SOL as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that SOL has a high possibility of reaching a new ATH soon in the next five years as per the prediction.
