A panel of crypto industry experts predicted that solana will be worth $166 by 2025 and $512 by 2030. “SOL is one of the top contenders in the smart contract blockchain space . They are likely to be one of the main beneficiaries if Ethereum upgrades fail to reduce transaction fees,” said one of the experts.
Solana Price Prediction
Price comparison portal Finder updated its solana (SOL) price prediction on Tuesday. Finder “measures expert predictions of future SOL price” using weekly and quarterly surveys. “Our broader quarterly survey, last conducted in July 2022, asks a panel of 54 industry experts to provide their thoughts on Solana’s performance over the next decade,” the company wrote.
Our panel thinks solana (SOL) will be worth $45 by the end of 2022 before rising to $166 by 2025.
Additionally, the panel expects the price of SOL to increase to $512 by 2030.
Compared to previous forecasts, the panel is significantly more bearish in July, expecting SOL to end 2025 at $166 and 2030 at $512. In contrast, experts predicted in January that SOL would hit $222 by the end of the year before hitting $486 in 2025 and $1,267 in 2030.
Gavin Smith, General Partner of Panxora Hedge Fund, one of the experts on the panel, is more optimistic about solana’s future than the panel average. Expecting SOL’s price to reach $76 this year, he said:
SOL is one of the leading competitors in the smart contract blockchain space. They are likely to be one of the biggest beneficiaries if Ethereum upgrades fail to lower transaction fees.
As of this writing, solana is trading at $43.08, up 16% in the past seven days and up 19% in the past 30 days.
Regarding the Sonala power outages, Finder detailed, “Stability is one of the main concerns SOL faces as it is still running on a testnet until the Solana Mainnet launches. Although the Solana mainnet is supposed to stop power outages, our panel is not confident, with 69% saying they expect SOL to continue having power outages. Only 6% say 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 split on what people should do with SOL, with 40% saying now is the time to buy, 31% saying to hold and 29% advocating to sell.
The panel understand university principals, crypto exchange executives, crypto research analysts, and executives of various companies offering crypto-related products.
Finder experts have also recently made predictions on several other cryptocurrencies, including bitcoins (BTC), ether (ETH), and gimbal (ADA). In May, the Finder panel predicted the death of the same shiba inu (SHIB) cryptocurrency.
What do you think of the solana predictions from the Finder panel of experts? Let us know in the comments section below.
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