The latest developments in the crypto money world have also hit Solana, one of the leading altcoins. Solana has gained 2.9 percent in the last 24 hours, according to data from CoinGecko.
Solana (SOL) made its ATH at $259 in 2021, although it is currently trading at $13.
Solana Long Term Price Forecast
Introduced in 2017, Solana (SOL) is a security infrastructure with great availability among users at market level. The network aims to provide its users with a transaction speed that no one else has seen in any other blockchain project.
Solana price prediction is based on expert opinions, technical analysis and previous movements.
Given the current outlook, it doesn’t make much sense for analysts and experts to make very high valuations for Solana at the end of the year. The inflationary situation in the world and the interest rate hikes in countries have a negative impact on the Solana price.
The estimated maximum value for SOL by the end of 2022 is 14 dollars, while the minimum value is estimated at 12 dollars. In 2023, this situation is $ 19.9, while the maximum is $ 24. When we look at 2024, we see a price prediction ranging from $ 28.95 to $ 34.76. When we look at when SOL reaches its ATH (All Time High), we see that analyst views point us to the year 2030. In 2028, Solana’s estimated minimum value is $135, with a maximum value of $156. If we take a look at 2031, the last year of the analysis, we see that the highest appraised value of Solana is in the $500 band.
Of course, it is also useful to note that these analyzes and estimates are made only by considering the current outlook. Of course, it is difficult to predict what will happen about crypto money and Blockchain in the future. These analyzes are based on opinions and past movements of cryptocurrencies to shed light on the current outlook.