A group of cryptocurrency industry experts predicted that solana will be worth $ 166 by 2025 and $ 512 by 2030. “SOL is a major contender in the blockchain space of smart contracts. They are likely to be a major beneficiary if Ethereum upgrades fail to provide lower transaction fees, “one of the experts said.
Solana’s price prediction
The Finder price comparison portal updated the solana (SOL) price predictions on Tuesday. Finder “measures expert forecasts of future SOL price” using weekly and quarterly surveys. “Our largest quarterly survey, last conducted in July 2022, asks a group of 54 industry experts what their views are on how Solana will perform over the next decade,” the company wrote.
Our panel believes solana (SOL) will be worth $ 45 by the end of 2022 before rising to $ 166 by 2025.
Furthermore, the panel predicts that the price of SOL will increase to $ 512 by 2030.
Compared to previous predictions, the panel is significantly more bearish in July, predicting SOL to end 2025 at $ 166 and 2030 at $ 512. Conversely, experts predicted in January that SOL would hit $ 222 by the end of the year. year before reaching $ 486 in 2025 and $ 1,267 in 2030.
Panxora Hedge Fund general partner Gavin Smith, one of the panel experts, is more optimistic about solana’s future than the panel average. Expecting SOL’s price to hit $ 76 this year, he stated:
SOL is one of the main contenders in the blockchain space of smart contracts. They are likely to be a major beneficiary if Ethereum upgrades fail to provide lower transaction fees.
At the time of writing, solana is trading at $ 43.08, up 16% over the past seven days and 19% over the past 30 days.
Regarding Sonala’s power outages, Finder detailed: “Stability is a major concern SOL faces as it is still running on a test network until Solana Mainnet is launched. While the Solana Mainnet will presumably stop power outages, our panel is unsafe, with 69% saying they expect SOL to continue to have power outages. Only 6% say that SOL will solve the problem “.
Experts were also asked if it was time to buy, hold or sell solana. Finder explained:
The panel is relatively divided on what people should do with SOL, with 40% saying now is the time to buy, 31% saying they should keep, and 29% supporting the sale.
The panel includes university directors, cryptocurrency exchange executives, cryptocurrency research analysts and executives of various companies with cryptocurrency related products.
Finder experts also recently made predictions on several other cryptocurrencies, including bitcoin (BTC), ether (ET), and cardan (ADA). In May, Finder’s panel predicted the death of the cryptocurrency shiba inu (SHIB) meme.
What do you think of the Finder panel’s predictions on solana? Let us know in the comments section below.
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