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I was looking for some coins to buy in the market,and I discovered that Solana price is too low for me to use huge amount of money to buy and hold like the way I have used my salary to purchased Bitcoin last month. Solana price has decreased to $19 few days ago that made me to ask if the price will increase to $40 this year, do you believe Solana investors will experience $40 or more than $40 this year? I have seen many massive moved of other coins price that made me to feel the same with Solana price because am very ready to invest in Solana, if I can get positive answers from this topic.

Honestly I would stay away from Solana. There is just too much negative associations with FTX. Plus they frequently get network outages which doesn't bode well for reliability. There is way too many better projects.

I wanted to buy at like $5 or so but it never hit that price. Lowest was like $8 or so on some exchanges. Right now buying it at $20 is too risky. Plus keep in mind that when FTX starts to liquidate there will be massive sell pressure because FTX holds tons and tons of SOL, most of it is still locked.

I doubt if is possible though @adaseb have already given you some reason why isn't secured for one to venture into it, price getting to $40 really depends because they have very slim chance. Sometimes I wonder if they are only waiting for bitcoin price surg since most of the altcoin are being driven by bitcoin price.
I would suggest keep increasing your bag with more fractions of bitcoin instead of altcoin.

Why is it it's on this board which is specific for bitcoin speculation?

That price is far from the ATH and just talking about possibilities, yeah that's possible for this year and it's just a 2x move for it from the current price that it has got. But as adaseb said, if you're investing based on what lies about that project, I'd also do the same. Although I'm not a thorough type of investor for altcoins, it's known to me about its outage issue and that's what I don't like to take on for a project that I'll invest every penny that I've got.

Well $40 is double its current price of $20 so it can be possible. For a long time they made us think that this coin was going to be the "ethereum killer".  This was done by doing very good marketing on social media and with influencers talking bout it.

When the 'bear market' started Solana like rest of Crypto market I think the hype behind it started to die down.  I remember when solana was priced at a all time high of $259 per coin last November and to see it now at $20 per coin so many people lost alot.

I'd be rich if he got a dollar for every time I see this question
The $40 price represents the maximum value the currency has reached, and it is far from the current prices.
Also, the increase in competition will make it difficult for the currency to return to half of the old prices if an exceptional circumstance occurs, if it does not collapse, so do not build distant hopes like this.

Best regards to those who still have support around SOL, I haven't re-entered the system since SOL in quite a while. Maybe this is still not my priority in this space, looking back after a cycle where it came and fell after the FTX crash. I'm not too impressed with the pump project with big funds, an environment where I see a shark tank and we fall into it will just be all for those who are waiting. But that doesn't mean I don't have faith in SOL it's price increase.

that would be what we can call a 100 from the value of this coin as i type this post?

https://coinmarketcap.com/currencies/solana/

this is truly a high amount to expect as Solana had been staying this low even last bull market so maybe the chance may happen any time soon specially that 2023 seems to be a good year for altcoins?

I don't think you should even think about investing in Solana either. But I also don't exclude that the price could reach $40. SBF has a lot of coins to sell. And in order to sell such a huge volume you need to pump up the price first. Therefore, in terms of quick speculation, there could be a profit to be made here.

If care is not taken Solana will end up dead, there are too many times that the project turned off itself, and the team failed to fix this issue perfectly, now FTX is a big bag holder of Solana too, we still don't know how this will end or play out, no, Solana won't find a nest in my crypto bag, I will rather go for Metis or other layer 2 projects.

there are still great new altcoins to research like arbitrum. I have never had high hopes again for the Solana coin that has taken away my 700$. too risky to go back, even though the solana ecosystem is recovering due to the impact of several solana projects and large communities, cheers if solana hits 40$

Solana is still too bad for me and I no longer want to invest in it plus some of the issues associated with FTX which was an exchange crash the year before so reconsider choosing Solana because to reach $40 this year is still a bit of a chance.

I agree with what @adaseb said Solana often experiences disruptions on its network causing a lot of panic and also a pretty severe decline, so I think with other alternatives choose some altcoins that are better than Solana.

It all depends on the market. Right now the market have turned bullish, following the bitcoin move the price might reach $40 based on the price of bitcoin. However from the price range of $20 to $40 it takes time. On the other side more accusations against solana is the reason why the market isn't that good. If not this could've been at its best competence against the leading altcoins. Even now it is at good position, but more investors left solana and began to invest on other altcoins.

I was optimistic in regard of solana but after arbitrum, optimism and much more L2 to be appear, i honestly become pessimistic maybe it's just better switching over investing in these newer project instead.
they just got the potential of scoring higher value and is still at early stage, but maybe solana could still go up in the future.

The transition from one ecosystem to another is inevitable, especially the popularity of L2 Arbitrum today. However, the expectation of Sol reaching $40 in 2023 is not too difficult, I think that price will approach when BTC appreciates to $30,000 -$40000.
The excitement is slowly returning, and congrats to everyone who will receive ARB, hope you guys don't waste those funds on dev teams :)

Indeed what is behind this project, and knowing how FTX fails then it will take down Solana as well , so why need to risk in this one when there are many altcoins or even Bitcoin that we can put our money in more safer manner .
now unless this will be pricing cheapest like a dollar then why not buy to keep holding.

Yes, because since the price of Bitcoin has increased to $26,632 other altcoins price has increased higher too that is giving other investors to make Solana their second choice since the price has increased from $20 to $22 few days ago in the market. I think, this year will not be like last year to Solana investors because Solana team will do what will make the price of Solana to increase in a way both long term and short term investors will believe that the price will hit $40 before the end of December 2023.
Based on the feedback I got from people in this topic, make me to change my mind not to invest all my capital in Solana in case the price change negatively in the market I will not feel bad about it.

After what happened to FTX Exchange, that's the time I left the Solana network and moved to other networks, it's just sad because Solana is the best especially if you are into DeFi and the small person who does small transactions because the fees are extremely cheap compared to these new layer 2 networks that are EVM based.
Now the TVL of the Solana network is being overtaken by these layer 2 networks. I believe Solana for sure will fix these issues, especially the outages and I believe in the future Solana will be back just like before.

I think the right question is, can solana reach its old all time high number again, the project is going to be challenged by a few new layer 1 and layer 2 projects that are coming out this year, they are pretty up in numbers, for example, starknet and quai network, there is also Sei too, Solana might end up losing its rank to new projects soon, for good ROI I don't think that Solana is a good choice anymore.

I don't think it's too risky to stay away as it's very correlated with FTX. But even if there is an FTX connection, the CEO of this exchange did not go to jail for months, did not receive a penalty, they officially protected him. That's why there may be a chance that something will be funded again, but I think this probability is one in a thousand.

Imo should be avoided. There are coins that are very solid, at least not drilled, I think you should evaluate them more.

We all don't know whether Solana can still go up high again after yesterday's case or whether the price is still difficult. If you want to invest in Solana, you should look for more information to find clues if Solana is still worth investing in.

It is up to you to invest in Solana or any other coin but I can probably only suggest being more careful investing in Solana. Do not use too much money if you are not ready for the risk. And maybe you can look for other coins that might have more potential to increase in the next altcoin season. So the decision is in your hands.

I don't think it's likely this year.Of course everyone remembers what the historical maximum was,but we are very far from it and the current level,as for me,is more pleasant for everyone,since the commissions on the network are practically not felt.I like the current price and I think it will be in this range for a long time.

I think it's possible for Solana to reach $40 this year, especially if Bitcoin continues its current strong trend. However, it's important to consider the risks mentioned by adaseb above. I've been a big supporter of Solana for the past two years, but I have to admit that the network outages at this stage are concerning. Aside from that, while the NFT sector is thriving, Solana's DeFi scene hasn't returned to its previous activity level. This makes me question whether there will be enough renewed interest in Solana's DeFi, especially considering some of the popular L2 chains like Arbitrum and zkSync, which are still in development but generating a lot of hype.

Before making any decisions, I'd recommend trying out some Solana dApps, particularly those related to NFTs and DeFi. This way, you can see for yourself whether they provide value and gain some conviction in your judgment.

I find it unlikely that Solana is going to double its price during this year as I do not expect a full bull run to appear, at most we could see a positive trend which could take it close to 20 dollars but I think that will be it, however if you were willing to invest in Solana and hold your coins for a longer time frame then it is completely possible that Solana will surpass 40 dollars and give you way more profits than that during the next bull run.

During the bull run, every coin increased in price significantly. Any token that is cheap is also very expensive. After the fall of FTX there was a big dip in Salona and there is a lot of talk about whether they will be able to bounce back or go back to previous levels. However, it will be possible to predict it easily by looking at its situation in the upcoming bull market. But I'm optimistic $40 might be. As the highest price was more than $250.

The competition is getting tough so its better for SOL to do its best to come up to a better solutions and have a good improvements to address its current problem, or else investors will be force to look for alternatives and they might abandon SOL for that purpose. Next bull market will be big for sure, so there’s still a chance for SOL and let’s just hope that they will maximize that opportunity and rise again.

I don't recommend buying or selling it, as that will throw your previous research into chaos. Sol is not a preferred choice for me in this market, but the expectations you set are very pleasant and completely achievable.
We've also seen a startling recovery from Sol over time, but the problems it has are questionable, and there are much better options here.

I don't think it's too risky when bullish momentum is being created in the market, however it also has issues related to FTX, anyway this is everyone's decision if you feel like it. It's still worth more than everyone's sharing, trust it.
But I still want to add that if you were expecting a $40 price then I hope to raise the tp further.

At the moment, it is difficult to predict the future price of Solana or any other cryptocurrency, as the cryptocurrency market is very volatile. However, Solana is one of the most promising cryptocurrencies that promises protection and an ecosystem. And there are many questions about failures in this network that occurred not so long ago.

if indeed the alameda research case was finished with solana, maybe solana could reach 40$ this year, the very bad fud happened when the ftx exchange went bankrupt, and they were one of the largest shareholders of solana, so the news had a big impact on solana.
now that solana is starting development again i think it will be a great start for solana.

In my point of view, the Solona network is more on the centralized side rather than a decentralized network. First, they need to handle that issue.  If you are a long-time holder, better to invest in bitcoin rather than altcoins. Please do both fundamental and technical analysis before investing in any coin.

I honestly don't prefer coins that faced problems before or were involved in a scam case. Solana may have a lot of supporters, but I believe they support it because they became bag holders after the crash that happened due to the FTX collapse. It seems to have survived the bad situation as the price has bounced back to the normal price compared with other altcoins. However, some new bad news concerning its relationship with SBF might appear, so I prefer to stay away from it. In addition, the founders still control a large part of the supply, if I'm not mistaken. One more disadvantage is that it has an infinite supply.
To me, as there are many other platforms that do the same as Solana, like Avalanche, I tend to choose the safest investment. That is why ETH takes the majority of my altcoins portfolio.

There are so many altcoins out there which are much better than Solana especially now that Solana is experiencing a lot of problems and add in the revelation that FTX owns lots of Solana. If we are talking about the second choice then there is only one altcoin that comes in my mind, that would be Ethereum. There are also third, fourth and so on coins in my list.

Maybe Solana will be above ten in my list for now, until they cleared their issues and then if the FTX have finally dropped their connection with the company. They can be a big threat to the coin because they own a large portion of the coin and we know how shady this company are.

Op does not specify if he will buying and selling instead he is more curious if this will hit 40 bucks this year or at least the next(halving season)
though what you said is also correct that SOL is not a preferred choice for buy and sell but at least consider purchasing when its low and selling when its high.
and indeed that there is a recovery for SOL today and this whole week.
but always consider diversification mate , because we knew how bitcoin affect altcoins and finding best one will also add flavor to your profiting.

Seeing the price of BTC increase, I think altcoins will benefit later, and SOL will also receive a boost, despite the recent low of $8 and now around $20, expect $40. Actually, looking back, I don't find it very attractive, and I don't have to focus too much on it because the issues surrounding the previous controversy are still unclear. Perhaps I will observe more because now is also a quite sensitive time for prices.

So far, if we look from year to year, it is difficult to reach $ 40 this year. because we can see that 1 year before the BTC halving, the average of all coins in crypto will experience a decrease, maybe next year after the BTC halving, Solana can touch $40. this is just my opinion

Solana currently seems like a stable coin. While the Bitcoin market has surpassed $28,000, Solana is hovering between $20 and $21. But if the Bitcoin price hits a high by the end of this year, then surely Solana will stay at $40 or more. OP if you want to invest then invest in few other coins step by step rather than only Solana coin. Invest with coins like Ethereum, BNB, EOS, LTC, your investment will definitely be strong.

As of now Solana coin is fluctuating between $20 and $23. This coin is very likely a coin compared to other coins.  However, if this coin had increased in line with Bitcoin, then the value of Solana coin would have already exceeded 40 dollars. But one thing I have noticed is that when the price of Bitcoin increases a lot, the value of Solana coin increases a little but when the value of Bitcoin decreases a little, the value of Solana coin decreases along with Bitcoin, due to which the value of Solana coin is very high despite the potential Not growing. However, it is expected that the price of Solana coin may reach $40 by the middle of this year.

just last 2021 Solana Hit its ATH of 260 dollars so why not getting 40 dollars again knowing that this stays at rank number 10 till today?

All Time High (of Solana) Nov 06, 2021 (a year ago)   $260.06


meaning this is just a tip of the berg to look at while waiting for another Bull run in the next halving.


SOL can hit 40$ but may not stay long there.

You may also have to consider what happened to this coin in the past before finally deciding to invest in SOL. Some negative things are still looming over this coin and its relationship with FTX might make its movement a little slower. With thousands of coins out there, there are still coins that are better and will probably provide greater profits. Currently the price is around $22 with your target $ 40 actually it's not difficult to achieve but always be aware of all the possibilities that can happen and always use money you can afford to lose, suggestions like this will always appear because crypto is indeed difficult to predict.

During a bull run I think there is little doubt that Solana can match the performance asked by the OP and more, but despite the rapid growth we have seen during the last weeks this is not a bull market, the bull market will only appear until a few months have passed since the halving, so it is unlikely that we are going to see Solana at 40 dollars during this year, and if that is the case then it does not make the most sense to invest in it now when bitcoin is giving such a solid performance.

A real bull run will happen in a year, after the halving, I agree with you. But there could be a local, short-lived rise this year. That's why many are comparing 2023 to 2019, which also fits into the theory of four year cycles. It might not be hard for Solana to do X2 this year.

The value of ALT coins depends a lot on Bitcoin. When the price of Bitcoin increases, the market for ALT coins goes to a good state. SOLANA is a very promising coin in cryptocurrency. As of now, the market value of this coin is $21 something. But at any time this coin can go into a very good condition. A few days ago we saw that the market price of this coin was close to 9$ and now this coin has come back a lot. But if the price of BTC enters between $50K and $60K then I think the price of SOLANA coin will exceed $50.  We look forward to seeing such a market.

Solana is currently trading around $40, but it is impossible to predict whether the cryptocurrency will reach this mark this year. However, Solana has a strong ecosystem and a fast protocol that can attract more users and developers, which can lead to further growth of the cryptocurrency. In general, this has almost happened.

Although SOL has lost 90% of its value in 2022, after the connections from FTX and Alameda, but if they really prove the next developments by upgrading and optimizing the ecological. SOL is always open possibility of 40$ return easily. SOL is a market TOP 10 coin. Quality and potential are recognizable. The $40 price point is still a possibility as the market enters a bull season in line with bitcoin's trend. All altcoins have opportunities and risks that we cannot predict.

I always see these posts about coins hitting a certain fiat dollar amount.  The problem is that it's all dependent on bitcoin usd value.  People need to stop trying to pin point a usd value for altcoins and start trying to hit sat price.  If bitcoin goes up alts do too.  If bitcoin goes down so do alts.  The trick is the in between.

Not necessarily the price is always dependent on bitcoin and USD value, the problem with Solana is that they are having bugs which causes the network to fail and with the limited number of projects that started using them have already migrated to other networks because they cannot trust a network which keeps on failing and the promise of long term fix is not yet fulfilled.

Besides, many investors had experienced disappointment when they invested in previous Solana projects and may not want to invest in Solana again. We also don't know how Solana will develop shortly so if we invest in Solana, I guess we are gambling with our money and that's up to you. But we really need to find out more about Solana so we don't choose the wrong investment. There are still many other projects with promising potential but that also depends on the research results you do.

Totally agree with this, after many mistakes before, I realized that they are still struggling to redefine their development plan now.
And I personally don't really like it because even though there are times when people fomo, I see it as a normal trend in the market.
However, the current situation I think will be difficult when SOL is getting less and less trust from the community, and especially when seeing many new and competitive platforms appear, so I think the cash flow will be not much priority on SOL.

Solana's price will depend on many factors including overall crypto market situation, development and prospects of Sol platform, but honestly if the expectation is only $40 then I think it's possible exam.
But don't expect too much from SOL, because the market now has many new platforms appearing and competing directly with other leading platforms, I think in the future there will be a lot of money movement between platforms.

Since it has happened before,I think it will still happen again in this season because Solana team are seriously working to ensure their investors will not regret for the choice they made to invest in Solana. Based on where the price of Solana is right now, showed that the price will definitely increase to $40 before the end of this year 2023 because the price has hit $22 which is a sign that investors will start releasing Solana for sale soon. I believe, this year will be more better than last year for Solana investors because the price of Solana was around $15 and 18 that made many investors to used the opportunity last year to buy more of Solana for future purpose.

Solana future depends on the activities of the team, the cut off of the solana block chain is still a problem for the project, if arbitrum, zksync and others like starknet performs better, solana will lose a lot of investors, because they will move funds of solana ecosystem and invest in other projects.

you are right a lot depends on the project team and how they will continue development.The price of solana has now been standing in one place for quite a long time and this also has an advantage. When bitcoin goes up and the market is more stable, I think we will see a further increase in solana.

If you look at the price of Solana today at $19, that might be a low price, and a good time to invest. Because the price of Solana once increased by hundreds of dollars. Although the price of $ 19 is not the lowest price during a bear market so far. If to reach the price of $ 40, it is very possible.

Solana already valued very high at this moment and the activity by the team means nothing for sure. If you are aware if everything actually depends on the bitcoin right now. If bitcoin will be going up and then solana will be following it while bitcoin will be going down and solana will go down too. I think that the main points must be on the bitcoin caused by the bitcoin pump will able to push the price for the whole for all of altcoins in the market.

This is the threat for every old projects, they became stagnant until to no progress at all so this will be a risky timeline for SOL, if they want to retain and attract more investors then they should continue to compete and have a good update as well. $ARB is one of a big threat right now because there’s still a hype for this project, though this is not an endgame yet for SOL, I can still see this project as a good one and new ath is still possible.

the target of 40 bucks is not that hard to achieve given that they are about 20 bucks for their current price. however, as you said, investors or buyers will be interested on this project if they see progress or any good developments coming out via news.
though they are very far from their ATH of 260 bucks, i believe, they still have the chance as this platform is one of the promising ones as compared to most alts with no use case at all. the dev team should be aggressive in giving updates to its community. otherwise, people will just move on to the new one in the market.

As a result of the market dumping, Solana has been dumped so much that even in the current market growth, the remnants of that dumping remain. Currently, Bitcoin has improved to $28,000, but Solana Coin has no signs of increasing in price. Solana fluctuates between $20 and $21. When the Bitcoin market goes up, its price does not go up, but when the price of Bitcoin goes down, the price of Solana Coin goes down. But Solana will be 40 dollars but the price of Bitcoin must exceed 50 thousand dollars.

SOL is still consider as a good coin placing at the top 11 right now in terms of market cap.
It's all time high is around $260 so reaching the price of $40 is so easy to achieve considering its technology. SOL is half way through already, if there's more good news about SOL and the altcoins most probably it will continue to pump as well. Let's just see how SOL will compete with its competitor especially with the new hyped project $ARB.

are we checking the same market? or are we  in the same time zone? because it seems that your market is far different from ours?

look at the market bellow mate and you will find that the value you predict is half of what the price now.

https://coinmarketcap.com/currencies/solana/


always impossible to predict that is why it is called prediction as there are no certain point that we can take it completely .

solana staying at 20 dollars level but in the past? it had a biggest pump and its ath even reach hundreds of dollars in value but that change after the bull year so maybe in the next bull year it will happen again same as the positioning continues to hold for Solana?
i know that there are some bad issues outside this project and inside but support continues to flows and that is what I am seeing here.
it is not always the thing mate, remember that there are altcoin season that we call and that change in the support of altcoins to bitcoin.

if it is so easy to reach that 40$ why not crossed this now? and still for years staying that low?

I think it's very easy for Solana to reach 40$, I see the graphs and people's perspectives about Solana are getting better and better to be honest, I also keep some Solana in my wallet, but before buying, you have to analyze research funds first so you don't get scammed or lose. this is also not investment advice this is just my personal assumption.

with the presence of the L2s that quite literally take up entire spotlight, I don't think so.
So many L2 nowadays are hogging all the market capital of many coin including solana, matic and many more, with these l2 alone these coins hardly gotten any investments, i'd say L2 has already replaced them.

Why would you settle for that? $40 is just 100%, that's nothing in crypto world especially with altcoins what can be insanely volatile.
But answer to the question is that anything can happen in 9 months. Funny enough sol price was around $20 two years ago and from there it raised over 10x in 8 months. So yes, 2x is doable.

.

depending on market conditions, because if the bull run occurs this year, then of course the price of Solana can reach $ 40 this year, but if the bull run does not occur this year, then of course the price of Solana will definitely difficult to hit $ 40, so bull run is the main key for Solana price to hit $ 40 or not this year.

It's a good risk to take.  They are upgrades going on in the SOL network.  the Ecosystem is adding more features to SOL. with this,  the coin is performing a bullish trend. Research shows that sol price may increase if this trend continues. If I were you, I wouldn't trade with the hope of quick profit, I will dump little capital in it, expecting it's growth in 3 to 4 years time. cuz for now, the Relative volatility index is still high but may soon steady so trade carefully

As I see this was opened just a few weeks ago, and saw so much interest from people so quickly as well. This alone shows that there is indeed a lot of interest towards SOL, which could mean that maybe it would. But, we need to remember that we are talking about double the price, so you have to also ask yourself, do you think we could see bitcoin at 50k+ this year?

If your answer is yes, then we may consider SOL to be 40+ dollars as well. I am not saying they are going to be exactly the same, of course there could be some differences but most of the time market moves together. So if BTC can reach 50k+ this year, then SOL can reach 40+ dollars this year as well.

such thing could simply happen only if there's bullrun going on, otherwise I doubt it would occurred but honestly, for a coin that has already reached high enough all time high, surely it'd be like recovering back to its all time high once the chance arrives, it's as simple as doing the past achievements, so I guess solana could simply hit that mark, but remember that the competition has becoming more fierce.

Based on the condition of the market price right now, showed that the bullish market is very near for long holder to experience massive pumping of Solana, because the price has increased little to prepared the mind of their investors. If the price of Solana can reach $20 in this season to encourage investors to invest so that they will be part of the positive results that is about to happen in the market soon.  I believe, Solana price will increase more than $40 this year because the market is preparing to recover from the bearish so that trader will start smiling.

It's not impossible. The ATH was around $250, so the target is a conservative estimate. With the market being bullish this year, reaching $40 should be achievable. The answer is yes, under that condition. It's a valuable asset with a high trading volume, so a price increase can be expected once market hype begins to grow.

$40 is just 1x which is very poor if you consider how many percentage you can get from other projects that are not been cancelled like Solana. FTX exchange that collapsed is the major reason Solana is dying.

The exchange was a big investors in Solana and since that exchange is no longer exiting then investors are worried Solana won't give much profit anymore and are avoiding investing in Solana so you should do the same too.

Solana blockchain is also having breakdown which could be as a result of developers abandoning the blockchain to other better ones therefore making Solana lose developers that would had helped keep the blockchain running.

there is always room for rebounding , as Solana had already reached 3 digits in the past and even higher so 40 dollars is not that much to expect , also the lowest price recorded are even centavos so why bother looking for this when it is written to happen again soon?
in the next bullrun in which believed to be coming in 1-2 years time? I am sure most of Solana's supporters will have their gains that time specially those who bought in those lowest value ever.

Those holding Solana will have their day and get huge profits when the time comes, however the drop Solana has experimented is something that cannot be ignored, the price dropped 92% from its ATH, which is one of the higher percentages among the top coins in the market.

So if someone bought at that price or close to it they will need to hold their coins for the majority of the upcoming bull run just to recover their money, and if they do not have plans to do this then they need to begin to buy more Solana at the current prices so they can decrease the average price at which they bought this coin and they can breakeven even sooner.

I think that type of price movement should not be attributed just to the bear market but also towards luna as well, there were a lot of wrong things happened in the SOL market in the past year and we should be accepting that we are maybe fresh and doing better and cleaner right now and the future is brighter but SOL has gone through some terrible moments without a doubt.

I am not entirely sure what's going to be the worst thing to do, but that doesn't mean that we should be doing anything that is risky anymore neither. I would say invest with the hopes that it could be 40, but also invest less enough to make sure if it goes down, it doesn't hurt your finances.

Solana’s problem is that the price was completely manipulated upward by the FTX fraud in order to give him more collateral to take on loans. It would be completely worthless now if it didn’t build a good sized developer community. It seems like most of the funny money was washed out of the system so maybe it will start to see solid growth going forward. The ATH was totally fake though.

Indeed, solana's problem was that they had a close association with FTX and the pumping was fake. But if you consider any other coin, it turns out that pumping is artificial everywhere. The main point with solana is the fact that they managed to survive the collapse of FTX. You are probably right that after that the project has prospects for growth.

I think surviving after the collapse was the number one reason why people didn't really give it up. Normally if it had a terrible period that saw the price crash harder, because of the whole FTX fiasco, then I would guess that there would be more people who would sell and get out of this market. But since it managed to survive and do well enough, it convinced people to end up trusting into keeping their coin going.

And that is why I feel like we should be focusing a bit more towards having trust back into SOL. I know that it will take time for it to go up because gaining trust again is not a single day job, but we are just on fourth month, it could potentially happen within the next 8 months before the year ends.

it can truly easily be attain when there is a bullrun like what we had back in 2021 as Solana reached ATH recording this
and also looking at the lowest price this ever touched
so meaning that could happen in some time but not today or tomorrow .
we are looking (as solana holder)  for another hype, but better take time to review the market and check how much it can reach in the coming years.

that is the bad thing when expecting too much when it is almost impossible , yeah this year isn't enough for SOL to break that 40$ price.

$40 for Solana is still very easy, it's just that the risk you have to face is very big,
because we know Solana had a problem a while ago and caused chaos at Solana until the time Solana dumped to $ 13,
of course Solana still has good potential but You also have to minimize the rugpull risk if bad news comes again at SOL.

I agree with you, because $40 is an easy price for SOL, so of course it could happen and just wait for the market to recover (altseason), then of course the price of SOL can increase very high and reach at least $40 (definitely can happen), therefore there is no need to worry about investing in SOL for the long term.

depending on market conditions, but with Bitcoin halving on next year, it is likely that the market will start to increase in this year (maybe later this year), so it is possible for the price of SOL to reach $40 this year, because the current SOL price is only $20.58 and to reach $40 its requires an increase of about 2x from the current price (of course it's very easy if there is an altseason this year), therefore now is still the right time for you to do DCA SOL and hold until the altseason occurs (end of this year or maybe next year).

pretty much doubt that, gone the days solana is the trend now it's just yet another blockchain existing, this coin is good for investment only initially, after it got massive dump after the company that invested in them went collapse, rarely i see some bullrun coming from this coin.

Yes, $ 40 is indeed not impossible for Solana, even though it will not happen in the near future,
for a long term investment I think it's very feasible and it's not impossible to give a profit,
I'm pretty sure Solana can continue to grow in the future.

it's already priced about $20 of course solana could easily climb up at this point, it's just twice of its value, some rally will definitely make it comes true but the question again, will it have rally?
i think it will once the bullish season settles in, after all solana is still quite high ranked by market capitalisation of course many will still invests in it.

Yes, the price of Solana just increased to $20 few weeks ago show that there is a hope for Solana investors to experience $40 before the end of this year because the Solana team are working seriously to ensure they make their investors smile in this season. I think, holding is the best solution to achieve something reasonable at the end of your investment which many investors have applyed it already so that they will be part of those that will smile when the price of Solana hit higher in the market. I believe the opportunity to buy more of Solana is still open for those that missed the opportunity when the price was $19, to use this opportunity to buy and hold for the price to increase to $40 or $45 before they can sell to make a passive income.

If we see Bitcoin go beyond 40k by the end of the year, Solana is likely to pump. Now currently Solana is in the $20 range.This season investors are seriously working to get almost 2x from the current price to reach $40. There is a lot of people interest in Solana so I think reaching $40 Sol will be very easy.But it totally depends on the market as we know that the market is likely to pump by the end of 2023.Solana investors can be encouraged to invest at present, as the probability of Solana pumping is high.

$40 for Solana in 2023 most likely won't touch yet, as FTX 2.0 will reportedly launch in 2024, so I can assume that FTT and Solana Ecosystem will be bullish from 2024,
yes better if you want then this is a good time to accumulate SOL under $40.

I have already accumulate SOL every month, so far performence of this coin is better than other altcoin with transfer coin on ecosystem solana is cheap and fast than BEP20 and ERC20. In the next bullrun SOL will reach their goal as previous bullrun. Currently Development of SOL was Cooperate with big companies such google, AI ChatGPT and many more. It's the best startegic partner for to make me believe SOL will be a dark horse in bear market situations

Solana still depends on news from FTX, if we look at the price of SOL on the market,
the price is already in the accumulation zone and it could break resistance at $23.
If it breaks, it could reach $40 this year. Yes, there should be encouragement from good news FTX, and reportedly FTX will also launch FTX 2.0,
hopefully this can have an impact on SOL prices.

If i'm not wrong over worth of 1 billion dollar SOLANA token locked in FTX, so i think there is huge risk to invest it in the long term, if those tokens will unlocked then price can be big drop. Right now market is bearish so all of the coins price decreased not only SOLANA low price. I think you should keep holding BTC not good to invest in altcoins.

solana could hardly recover i think, the pillars that supported it already collapsed long ago, and right now it's getting overshadowed by the emergence of the newer coins out there that are significantly better.
I just think that this coin isn't that great anymore, so much other coins are actually better than this one.

this is the dilemma of most projects, once there are other new and promising projects out there, they can easily be forgotten. unless, the team will do some  steps on how to keep their name popular in the market and aside from that, they are truly doing some developments on their project to sustain their presence in this volatile market.
aiming the 40-level on this coin is very far-fetch for now. if you are a holder, you need to keep an eye on the dev team if they are active in releasing new updates for this platform.

$ 20 to $ 25 is the toughest resistance if SOL is able to go up and trade at that level, it is very likely that $ 40 can happen,
because they also have product development that is smartphones, and reportedly Solana will become a competitor to Apple and Samsung.
and also in Q3 FTX will also restart the exchange, don't forget, because Solana is also part of their investment.

The growth of SOL doesn't depend on FTX at all, and I don't see why Solana will have any growth after the relaunch of FTX even if they have any connection or something, SOL might grow in value if Bitcoin goes up in price and enters the bull run which will make the whole market go up with it and SOL might go with the ride as well, other than that, I don't see any growth potential in it for now.

People accumulating SOL might be making a mistake when there are better coins out there that can generate them better profits in the long run, I've been holding for a year now but I didn't see any profit coming from SOL even when the market was doing pretty good.

Delving into its technology is crucial. Solana isnt just any blockchain - its designed for speed and scalability, key in today's crypto-speedway. Though FTX doesn't directly sway SOL's price, a symbiosis exists. FTX gains from Solana's economical transactions and high output, indirectly impacting SOL's uptake. True, Bitcoin's bullish streaks often pull other coins up. Yet, each coin has unique growth triggers. We should not ignore the potential of individual altcoins. I agree, detailed research and diligence must drive our investments. Diversification is critical - never place all assets in one spot. Remain curious and explore the crypto cosmos continuously.

After all, Solana is still not a product of FTX. AFAIK it was FTT is the one who is the product of FTX so this should be the coin that will pump once FTX 2.0 is launched. If let say Solana have a connection with FTX then Solana can also skyrocket but I don't think they really have a connection.

It's just that FTX is said to invest on this project and we don't know maybe FTX do also have other crypto investment, it's just that Sol is the only crypto who is being highlighted the most. Sol was once a good crypto and I think it's among the top/old projects, so I wouldn't blame those who invest and still believes in it. They are only hoping that this coin can make an epic comeback.

solana could probably touch $40 price but not this year, altseason ussualy will comes after bitcoin bullish phase is finish. we will face another deep before halcing and after halving we will see bitcoin rally first. bitcoin halving will probably happen on May 2024. this cycle will make bitcoin going above $100k maybe $180k and then it will slowly correction and we move to altcoin season


all above is my only opinion base on cycle happen from 2014. it is not financial advice

Of course Solana can reach $ 40 but for now it is difficult, because there is no good news for Solana yet,
we will wait until there is good news from FTX again and SOL will experience a pump that will 100% happen,
so it's better if you buy SOL at $ 15 to $ 16 because if FTX 2.0 launches then you won't see SOL at $16 anymore.

Indeed, we never know what it will be like later, but your opinion clearly has its basis,
apart from that, with market conditions so far, of course we have to be realistic,
Let's see how far Solana will go this year.

Is this for real? i thought that if solana owned by FTX already fully released to the market. That was triggering huge dump to the price of solana caused by ftx was one of major investors of solana in the past.

I got this news

https://cointelegraph.com/news/solana-entities-sold-50m-tokens-to-ftx-how-long-will-sol-price-suffer

Tokens will be unlocked january 2028. that sounds bad for long term but it's not that bad for short term investors.

There are six months to go until the end of the year. In the last six months Solana has managed to double and then fall again. It seems to me that good news for just one coin won't be able to influence a new rise. Solana will only be able to rise if there is an altseason in the market. I hope it happens before the end of the year, because almost all altcoins are at the bottom now and it is unlikely but possible to go lower.

Solona is trading at 16$ and for reaching 40$ sol price should rise 150% which is possible and i hope sol price will reached soon. before Sec security case on Solona, every thing was fine and price was raised to 25$ and i was expecting that it will reach 50$. i am still holding 22 sol which i buy above 40$. once again Solona price down and project is in trouble. if these coins win over Sec then only possible to reach 40$ otherwise very difficult to reach this year

I heard some FUD that Solana doubled their SOL supply without telling anyone. Is that true? Anyway, depending on the supply it should get back to 200 usd at least during the next bull run. The projects that will do the best though are the ones that are launching in the next bull run on exchanges. Projects like Q Blockchain and Lamina1 for example.

doubt that, many have been doubtful in regards of these exchanges that are planning to make some relaunch.
solana in this case I think will even not be affected by the relaunch of such platform anymore since I guess it has now become relatively independent towards these venture capitals.
but regardless I just think that maybe solana price market still heavily depends on bitcoin that way if bitcoin moves solana moves.
but overall, I just don't think the re emergence of FTX 2.0 will be of that much influence honestly.

As you said there are still six months left until the end of the year which as long as there is still time of course the opportunity is still there,
but again we also have to be realistic with the current market conditions,
better just follow the progress of Solana and we'll see.

so much such fuds nowadays, and many of them turns out to be true, i don't know why these project devs are so eager in doing some shady thing in getting money, doubling their supply without even telling the community, same thing happened with sui I guess.

It can happen if ftx will be recovered again. As far as i know that if solana is still having so many coins vested. that being said that if solana may be able to be dumped even more. it's caused by solana faces another huge token unlock in the future.
Going back to high price is quite impossible for solana without the help from bitcoin to trigger the bullish trend first.

Maybe in the future it will going yo reach 40$ but for now i think it is hard for solana to reach that far the current price is above 20$ we need another 20$ rise to reach 40$ which is really impossible at this point of time since btc is stock on 30k$ at price,if btc rise up to 60k$ solana will have a chance to reach 40$ the problem is we don't know when will be the exact time of the next bull season.

There's nothing too impossible to achieve as long as we are heading towards the next year halving which will mark the avenue for every other cryptocurrencies to surge higher and make a new all time high, but before then, we must wait to see how the bitcoin network will first take the lead to this on its way to the last ATH and how it will emerge another new ATH coming next halving while other cryptocurrencies follows.

Although many people predict the crypto market, as far as I know it is not that easy to predict crypto and it is very difficult to predict with complete accuracy.  But expect BTC to cross 40k by the end of 2023.  So Solana will pump.  Solana currently has a range of $20.  If you invest this time, you can expect to get 2.5 times that is $50.  So I think Solana will reach 50$ very easily but we know the whole market depends on Bitcoin if Bitcoin pumps then Solana pumps too.

Oh then i will be ready for king ::) anywhere according to Solana official the platform is the fastest blockchain in the crypto market. They have been active many service which very expensive profitable history for investors so if the crypto bull will reaming then it could be possible. I Won't tell you $40 near of this year but it can happing anytime.

Yeah, the possibility is always open for this project,

but the accurate time frame that's something that we can't predict.
As of this moment, SOL is moving good currently positive since BTC is also moving up a bit,

if Bitcoin starts a huge pump and will reach the last time high, we might see SOL to move as well and reach $40, depending on how the supporters and investors will push the price and continue the support, they will attract more additional investors to help the value to
spike up more.

SBF drained a lot of liquidity on Solana ecosystem also SBF is the main reason why this blockchain project pump so hard because he drive liquidity on this project from VC due to his influence. I’m surprised seeing Solana price still above 1$ regardless of SBF fraud activity on all the project he became involved.

I think VC and some retails is just holding to wait for new investors to enter and use it as exit liquidity to the price which they originally purchased their token. There's a lof of good decentralized blcokchain out there compared to this centralized blockchain. I think BSC is far better in Solana since it has a better organic liquidity that comes from retail investors. Solana is still a ticking time bomb for this current price. I doubt it will reach 40$ this without Bitcoin reaching new ATH.

FTX is likely going to relaunch this year so I think personally that will make SOL pump possibly but lets hope FTX dont decide to dump their assets in this market Dont forget they might not have enough cash to maintain their operations and marketing So once SOL pumps they will layer out slowing dumping it on your head

thats more likely the case, solana will surely dumping some of their coins off their supporter, because they've long in a bad state i'm sure even though ftx revivel is here, solana will hardly gain any meaningful increase in value.

I don't think that revival of this collapsed platform would be sufficient reasoning for solana to pump its value to another level of heights.
because honestly, after revival, the platform like ftx will surely have difficulty in gaining more users, re achieving their former milestone of userbase.
right now there gonna be just remnant of their past glory that gonna be showing, there will be no flow of investments towards some project like solana
and they will just start out from scratch again, I don't think they will have that much influence over the price of many altcoins out there.

If the price of bitcoin can cross 60k$ then there is a possibility that solana price will be more than 40$. But I think that if bitcoin price does not increase, solana price will never go to 40$. Solana price can be dumped again.  Any time. If bitcoin price starts to dump again then solana price will dump. If bitcoin price will increase then solana price will increase. But it seems that bitcoin price will increase more. But expect bitcoin to 35k$ this time.

Well maybe my guess for Solana to be $40 in this year is now going to change. The Cardinal protocol is going to stop operations because of economic problems.

After it raised $4.4 Million for working on NFTs. So maybe now I am not so sure about Solana. It is too bad because just last year I think there was many investors who were thinking Solana was going to compete with Ethereum.  Maybe we see some profits in next 'bull run'. But I do not know if
long term is good investment.

People shouldn't really base their investments on the fact that FTX 2.0 might be the reason why SOL will go up because people have already lost interest and trust in that exchange and I doubt anyone would want to buy any coin that is in any way associated with it or its relaunch. It's much better if someone buys a coin that is independent and its growth is totally dependent on the success or failure of its own project and not another exchange or project.

That being said, if SOL has any chance of recovering, it is the bull market, once Bitcoin enters the bull market, all the altcoins will start pumping as well just like how it happens normally, that is when SOL might be able to gain some value again but no one knows if it will go above $40 or not.

Please, wait until FTX will be revived again as there are so many good news have been coming from development of new FTX. it may help to push solana again. FTT goes bullish and it was even giving impact to the solana.

$40 is not so difficult as ong as bitcoin break another record.

We'll see what the development of the new FTX is like and of course good news is always awaited,
with market conditions that are still fluctuating, we need to be realistic even though the hope is to reach $40,
the most important thing is we'll see what happens in the future.

I won't make any attempt to buy any altcoin at this moment and I am not considering buying some shortly since the market volatility of those coins is highly unrealistic and doesn't follow any pattern so at this time of market uncertainty, it is hard to trust such coins, Solana has had its own share of market attacks and characterised by a lot of attempt pump and dump on multiple occasions.


And for that, we have to apply caution and if you must buy altcoin I will advise you to look toward Ethereum or BNB for now.

thats true people are talking sol gonna be rising as if the revival of some certain exchange gonna have something to do with it, they definitely won't ever reinvest in solana again.
I just don't think there gonna be any real reason that could make the price of solana rise with the revival of ftx 2.0 at best it will only slight increase but thats just my 2 cents.

considering current price of solana, it still realistic target honestly, and the ftx revival might be turning the tide once again for some of the coins that have massively affected with their collapsing.
though there's no guarantee at all that such thing will emits such influence. regardless when victims gets reimbursed, that also includes many that holds solana. it could be double edged sword honestly.
but then again, i'm sure if that happens, the market will be rather in bullish, since right now the fear index as reflected in CMC, is relatively low.
I guess thats good thing if some big event like the revival of ftx will occur.

For the first time since May 2022, Solana's NFT daily sales volume passed Ethereums. This was for a 24 hour time span.

Sales generated close to $24.2 million. And Ethereum totaled $21.2 million. https://coinmarketcap.com/community/articles/64a011b6f489fc3b1be6b6b4/

Do you really think that anyone cares about the FTX brand anymore, they have destroyed their reputation and even if they try to revive, majority will not be interested in testing their luck further even under a different management.

When it comes to the price of Solana, if you can ensure that the network will not go offline in the next few years, then we can confidently say that the price would go higher, until then it is wise to stay away.

FTX 2.0 will relaunch this September, so I'm sure Solana will also be affected, for example,
one that has been impacted by this good news, namely SRM, yes SRM has increased x2 this July,
so SOL will also have potential too, for the $40 sure is a easy for SOL.

ftx exchange is ruined their reputation already i think, so that don't hope big expectation if ftx 2.0 will revive,
so i think after it relaunch there will be no significant effect on solana,
it's currently 20$ in trading so i do not think it's very easy to recover 40$ in this year,
if without no good news in the coming months,

After disappointing consumers, I don't think it's easy to regain the trust of consumers again, it requires more effort to restore it. it is true that it takes a big breakthrough to restore it, with booming positive news it is hoped that it will attract investors to come back again, but if there is no significant news, I think it will be difficult for him to reach $ 40 this year. even then it is still affected by the movement of bitcoin, so we have to take all of that into account

However we need to be realistic because if there is no buzz at all it is hard to see Solana reach $40 this year,
I hope there will be more good news and that will affect the price,
what is clear is that we will see how it develops.

Okay let say SBF help Solana but don't forget Solana is also one of those solid projects in the past. Its own charm is also what made it loved by the many. IDK if Solana still got it but one thing is for sure, and that is its reputation have been scratched because of the involvement of SBF. This is why I'm skeptical if it can recover this year. BSC is no doubt a good coin but I think both coins are not on the same niche so comparing them seems a bit off.

Also, I don't think BSC's liquidity is organic when this token came from a crypto exchange. I see that you also mentioned Bitcoin there but can we erase the fact that all coin depends on Bitcoin? Bitcoin can't do anything if the coin is just plain bad.

one of the good news that might affect the well being of solana might be the revival of certain platform but then again that doesn't necessarily guarantee increase in term of solana valuation.
I just think that solana will just be stagnant from now on but i could be wrong.
after all the main drive solana having was the massive institutional investments from some certain company out there but right now these companies are facing difficulties.
but I guess considering the fact that solana current value is $20, getting to $40 is still reachable honestly.

It very possible for solana to reach that price.
Bull run isn't start yet, x2 is pretty easy for amazing coin like SOL.
In the Q4 i think SOL can reach that price because if we see the market lately.
The + trend still not end yet and i think ETF just new beginning for crypto market to jump into another bull run.

Not in this year. Still believe the market will go back into red again in the end of Q3. In my opinion the price solana can increase 2 or 4 times in the next year, but for this year i'm pretty sure it will not happen.

agree with your opinion, if you look at their last ATH it is indeed very high from the current price, so SOL will be able to do it if it only achieves at that price.
but I myself still doubt, that it will be able to be done at the end of this year, if there is a surprise to increase, there will be a maximum of 2x the current price.
but I really believe that when the era of halving occurs, the price will easily be passed, and it must be remembered that 2025 maybe SOL will make a new surprise.
SOL is one that has great potential in its time and in the future, many people are happy to invest, so it is certain that it will trigger an increase.

x2 is pretty easy for top coin like Solana. It will be very possible for SOL to reach that price in this year, so no need to be scared to buy top coins who has been top 10 cmc for very long time.

Solana is Good currency. Solana is now top position in cryptocurrency market. It’s position 4th on coinmarketcap. Now solana creating his utility. So it’s popularity increase speedily. Now solana price is $21 and increase its price. In bull market solana price will hit new ATH. 2/3 years ago solana price touch $200 plus. Many token and many coin using solana network. So it’s popularity increasing day by day. So i think if all were ok within 2024 Solana price will touch previous prieviu $200 and within 2025 solana will hit $1000.

if the bullrun comes this year, maybe it can happen, because currently SOL price is $21.42 and for SOL price to reach $40 it only requires an increase of 2x from the current price, so it is a very easy for SOL to achieve $40 if a bullrun occurs, because every time a bullrun occurs, most altcoin prices increase at least 3x from the current price or even reach the ATH price and the ATH price of SOL is $259, therefore I believe if the bullrun occurs on this year, so the price of SOL can reach $40, but if the bullrun has not occurred on this year, then it's very difficult for the price of SOL to reach $40, therefore this depends on market conditions, but now is the right time for you to buy SOL, because SOL prices are still very cheap and worth to buy.

If that same bull or a much stronger bull run will push the market, we really can't stop if how far SOL can reach,

the last time high is more than $200, so if that same sentiment will comeback we can assume that
the price of SOL will reach that value, slowly but still moving forward, if you have that trust to
this asset better to keep buying and holding until it has reached the maximum potential or reached your
target profits.

At the beginning of the year, when SOL was below $10, I didn't believe the coin could recover at least to its current price due to the collapse of the FTX exchange. But now that SOL is above $20 I think $40 is realistic. I'm just not sure it can happen this year. I think the market will start to show good growth next year.

SOL being able to return above $20 again is something very important, because that level is an important level to continue bullish,
I'm sure SOL can go to $40 this year because with FTX 2.0 which will be launched in Q3 this year, the price of SOL will also be affected by bullish,
just look at now SOL is getting better recovery.

I notice, some opinions are too much aggressive about solana, even people including me, aren’t trust solana anymore for become profitable in long run. I agree that this coin isn’t worth investing and thats why people move on from others altcoins but i believe solana Will hit more than $40! But no guarantee within this year but yes! It'll might be happen during bull run! This is solana which ath was $240 something. So i believe Solana still has enoght enough to have a journey of $40 which ks double of its current price!! 

despite the fact that solana peaked that much when it was still in its prime basically in the previous bullrun but we all know that there are so many controversies involving solana.
moreover the fact that nowadays so many coins are released which are getting support from massive venture capital with millions if not hundred millions investment might already spell solana's doom.
the thing with solana is that, right now it stuck in its price for long, it might be saved if ftx is trying to comeback again but right now the future of solana is still uncertain even though seeing from the all time high that solana
is having alone already means that it has all the chance to get back up its all time high in the future bullruns.

$40 is only 2x the current price, but to reach that target this year I think there are several influencing factors, where if the bearish season ends this year it might be achieved, but I think it will happen, even if not for this year, solana is a potential altcoin where many investors are glancing at it and are also at the top of coinmarketcap, therefore in investing we must be patient waiting for it to reach the target we want, but I think it is difficult for this year solana can achieve it, considering today just this bitcoin had a small dump before the halving happened

Despite the dump of the price of Bitcoin few hours ago, I don't think that dump will take a long time before the price will pump back for bull market to occur so that other cryptocurrencies price will start pumping in a way Solana investors will start experiencing good income from their investment. If Solana price want to hit $40 before the end of this year 2023, I think it is possible for such price to happen, because the price of Solana is still between $21 and $20 which anything can still happen in this season for those that invested in Solana to smile. I believe the next move of Solana price will be $30 or above to encourage their investors that there is a bright future ahead of those that invested in Solana.

Visa recently announced that they are utilizing Solana for USDC settlement with acquirers Worldpay and Nuvei. https://www.coindesk.com/business/2023/09/05/visa-taps-solana-and-usdc-stablecoin-to-boost-cross-border-payments/

Visa, one of the key tradfi payment networks, choosing Solana as one of its stablecoin settlement options speaks a lot about the chain capability for cheap and fast transactions. However, due to the current market condition, the price is barely moving LOL. It's only up by 4% and there was no instant price action in the first 30 minutes or so. In a bull market, this announcement would have made 50% price swing :D

https://i.postimg.cc/7Ln7kMjr/Screenshot-2023-09-05-230736.png

Solana may not worth buying as many new alternative is already rulling the crypto market. Recently i see a good news where visa announcement of utilizing solana, which can make solana price drive in positive way but not that much conversing for investment. Many months have passed away but you can see solana price is still same and i think $40 will be a long journey for solana to be happened within this year

It's just overall market downtrend right now, when times comes $40 will be nothing for solana, even couple hundred will be an easy feat, not like it hasn't done that before.

Maybe not this year yet, but once the raging bull start to pump back, I'm positive that Sol will be one of those assets that will
bring a decent pump.

So far still in the situation where the value is still not moving that much, but if you trust this project, I'm sure you will be
able keep buying and holding your coin, there's still good potential to make this coin reached such target, though
it will going to depend on how you analyze and understand your investment.

that's true. recently solana doing good and still keep growing. If we check the chart, solana increased 25% within a week which is a lot for solana while it was silence for months. even this growth percentage is more than others potential altcoins. If solana can keep the speed continue, then we could hope $40 even more will be crossed before the year end. But I'll not suggest to buy only based on such speculation theory

It will be soaring even higher once FTX will able to redistribute all of money to the creditors. The company is stil in the process of liquidating their funds to pay the creditors. I hope that everyrthing goes well as this will be also helping solana so much in pumping its price.
I have heard that if FTX is still in the process to resurrected its company again. I do support this decision and solana is a worthy coin to bet for long term.

As long as FTX plan will be going so well and i think that 40 bucks will be easily reached by this coin.

Solana have good recovery although slowly recent their lower price under $13 and right now have been up almost 50% to $24 yesterday, I don't think difficult for this years Solana will raise $40 depend how bitcoin and current market condition in the positive side will make Solana easily or has chance to raise higher price. Latest higher price yesterday, Solana almost raised to $25 and seems left 15$ needed by Solana raising to $40 and not really close the opportunity to get in higher price actually this year. Since bitcoin keep in the positive trend, there are not reason for stopping Solana will raise to higher price but have chance if bitcoin going drop not sure will Solana keep in the positive trend or will drop under $20.
All possibilities are happening and depend with bitcoin current price, if keep stable with higher price actually Solana not face difficult back above $40.

Hmm...I'm not confident in Solana.
From a regulatory perspective, Solana faces risks due to being caught up in the collapse of FTX and its close ties to Sam Bankman-Fried.
Moreover, 80% of validators on Solana are subsidized by Alameda and the Solana Foundation
The Foundations can manipulate node operators to do what they want.
This is not a sustainable system. In the long run, SOL will suffer.

do you know many solana project already move to polygon and ftx stuff wont go away easy, no matter what it will stick that way for long time
solana trade like hot potato, dont makes for long term bag, and most of their ecosystem was built in by the team not real adoption

Well Solana did get to $40 this year and than some more. Bitcoin price did pass $35,000 and Solana was at a price of $46 just yesterday.

It was up 16% and is now up more then 30% just in the last 7 days to lead all other alt coins in top of coinmarketcap. https://www.coindesk.com/markets/2023/11/01/bitcoin-retakes-35k-after-fomc-as-solanas-sol-leads-sharp-altcoin-rally/

hope you bought Solana that day mate and keep them on hold till now because as the time of typing? Solana is
staying at almost 39 doillars and that is penny away from your target price.I wish and pray that you are earning now and made it to the top
of your investment . why did I not consider buying that day when it is truly super low.and also there are still 2 months remaining so maybe
SOL may reach up to 50 dollars before the year ended.
OP did not return here to update what had happened  in His investment and about how much have he earned or
if he is willing to sell out now or keep waiting till Halving instead.

Solana is quite good now and it has also had a price pump in the previous days, and also it has some good news coming. Also, we have seen some rumors of Solana Airdrops, users are saying the Solana season is starting again and we can get a huge airdrop from Solana again as many users got many airdrops through Solana.

Also as many are saying about drip verse, they are distributing NFTs every week which gives users huge benefits and they sell their NFTs and get benefits through it. This will also give Solana a pump and these rumors about the Airdrop will also pump the Solana and its ecosystem in the coming days.

The uptrend for Solana was surprising yet good to see after such a long time. It was having a hard time recovering even when Bitcoin and the whole market were recovering slowly, and that has made the investors and holders of Solana confused about whether it will be able to recover. I remember, in the past, when Bitcoin was around $33k before dropping to $16k, SOL used to be around $38, and then when the FTX collapsed and everything started going negative, that's when SOL started to become more stagnant and lose a lot of value.

It's good to see it recovering and showing that it is still there and it shouldn't be neglected. I know a lot of people think that the regulatory pressure would stop its growth over time because of its links with FTX and SBF but I believe it can come out of all that and have an independent and organic growth.

staying at almost 42 dollars now and holding a 26% increase in the last 7 days according to Coinmarketcapitalization https://coinmarketcap.com/currencies/solana/ so i think this is enough for OP;'s question to be answered and is it really hitting 50$? that is something that we can wait to happen .
well tell that to the supporters that specially seeing the potential growth as we can see now, but like what you said their ecosystem isn't that nice for long term investment so better leave when its hot.

If the OP by chance invested a significant amount of money by the time he posted this thread, which was about $20 at that time.
He is already getting 2x and more of his money. This is why if you have good feeling about the project, just throw some of your extra funds and wait.
But this will only be true to top alts like SOL, which is in the top 10 alts. But if you happen to invest in a pump and dump coin, those 8 months of waiting, will be a nightmare.
Because more than likely, such coin already exited the market in that time frame. So better assess the project you want to get in.

and that's what I'm asking here mate , about how much OP capitalized that time and how much is he earning now(of course if he kept all his holding till now)

x2 is so much High for me considering that this happens for just a several months .

but also my question is that Do SOL really has that strong hold till the next months ? or this will only for some time now and again will drop to original price like that 20$ value when he invested .

quite promising investment with solana it seems, the only thing that holding me back from investing in this coin is simply because there are rumour that ftx is gonna dump this coin.
but recently there has been many good news surrounding solana that makes it worth looking into, even the performance outweight some of the other competition even when bullish didn't really arrive.
but I as many people here, still wonder whether its gonna be sustaining and also whether in the next month its still smooth sailing like this in term of value.
im expecting all the bad rumours surrounding solana that existed before, starting to take effect in the future.

Many think that SOL will be heavily dumped in the market to compensate FTX investors. Alameda research and FTX made a huge gain from SOL and they were the reason behind the pump of many projects like SOL and ICP. But their sol is still locked in the vesting terms and will be unlocked slowly so there is no way all the sol that was allocated for FTX will be dumped into the open market. SOL is still doing great and it is one of the fastest blockchains out there. Though their tokenomics isn't the best but their technology is not useless.

so it is not promising mate? because you are being hindered by those Rumor that dumping will happen from FTX , because if for you this is promising then
 I see no reason why you have to deny that investing right?

and also Rumors like this sometimes happened before halving or before bullrun that people from inside are making bad news or FUD to make the price dumps
so they can accumulate much many with so much low prices , this is what I have observed over the years of being here
and this already happened even in Bitcoin from the past.

We are most talking about Solana because it's what we have seen to have happened now, but how about the ones we don't know what their next action will be, and probably we might have invested so deeply in them or having them in mind for an investment, and how are we even sure that Solana will or will not rise again, this is altcoins we are talking about, their future continue to remain an unpredictable future, once we are investing, then we are accepting the risk altogether.

But do Solana need that long journey mate? just before 2 months Solana had already broke 40 dollars and even climbed more so I think that utilization from Visa  made  this to hype that much(like many did not expected this to happen that way.).
for me SOL is still long road to take before hitting 50 dollars not untill Bull market in 2024-25.
have you mate? invested in SOlan? because this is all great from investors that bought solana early this year as it had made them more than 100% richer .

I   think you speculated it correctly mate because just a couple of months after ,or 6 months from your post? Solana have crawled more than 40 dollars and I believe that is twice the price since april?
dropping 92% from ATH and not climbed 100% in the last 6 months is enough mate.
and because it is what the topic says , this thread is about Solana so we will  be talking SOL here no matter what.

we need no new coin from this because it is the climbed from the deep.

Solana has once again proven to be the best investment in this bear season if you've had time to buy coins at the bottom. Even bitcoin has shown less growth than Solana. Few people believed that the coin could be worth $40 this year, but it happened. I think that if the developers continue to support the project, the price will only grow in the future.

saying even bitcoin has shown less growth than solana is true but a bit of stretch, from the standpoint of value alone we all know how big market capitalization of bitcoin is it literally have 51% dominance, surely driving the price up gonna be problematic. but indeed solana is among the best performing coin this month around, i thought with the news of ftx trying to dump their solana it will make it difficult to increase for solana but I guess i'm wrong and many people also wrong in their speculation, sometime thats just how market is, going up out of nowhere just because solana nodes can be ran through google cloud which honestly i don't find quite surprising considering matic is the same if i'm not mistaken.
regardless good profit for those that faithfully hold solana ever since the rumour of ftx appearing.

Once FTX will be fully dumped its solana and this coin will be going up again. Solana is consistently climbing up even after it has been dumped to the bottom again. People doubted it was missing an opportunity to make 100% return for their investment.
I have heard a rumor that if one of the companies who invested in solana has been trying to resurrecting FTX again. Once this will be a successful project and im sure solana will be flying so high.
I hope that we will have FTX to come again. I have invested in solana since there was a rumor about FTX ressurrection.

Solana will be flying even higher. Im still being patience waiting for the development of FTX. FTX collapse due to its owner's fault. I think that the new party will able to make it even better.
I can still trust FTX as long as it will be running by a reputable company again.

How could the developer will not support the project mate?  they will always be supporting their own project unless they are scam in which i think not to happen but Maybe what you are telling us is Investors? they will continue support and invest like what many does and still doing .
SOL break 40 dollars and now still climbing here https://coinmarketcap.com/currencies/solana/ and Also we can add to the value? if we are looking for best choice then lets add SOLANA in our folio .

Sol is now more than 40 dollars. Crypto assets are just too unpredictable. I was lucky to swap some of my alts to sol just because they are sol coins and the fees on Bitget swap will be lower doing that. But it's not enough. Did anyone think the FTX saga can still come back to hunt this coin?. I feel like it might head to 100 usd soon but I will appreciate any advice.

Sol is performing impressively as it is above 50$ now and I was holding it since it was below 30$ and now I'm in a good profit even but I'm still holding it because I was to hold it for a long term and I want to take a huge profit from it,  as this is not my greed in all sense but I'm in love with Solana.

Recently I had already got big profit from Sol when it was below 25$ still I'm confident on Sol to touch the 100$ very soon,  as this is just my prediction about Sol,  although anything can happen. BTW we can expect some big moves from coins in the coming days due to the market condition.

Solana is rallying high, it's like super car that's cutting through the chase in current market. I expected it to rise but not this sharply. It's almost 3x already in just about a month and bulls are just getting started. I think we might see it cross it's previous ath this time.

with 45%  growth in the last 7 days and 26% just of 24 hours ? https://coinmarketcap.com/currencies/solana/ yeah it seems that SOL is not yet finished and maybe will grow more and more in the coming days , but what I wanna hear if this growing will continue till December? and how much or percent is the estimated increase of SOL before the Bull that will surely add more Pump in this said coin.
Day by Day that Solana is increasing while other coins are just single digit hype but Solana has double digits up to now from couple of weeks ago.
also almost breaking USDC capitalization things that made this grow really high leaving Cardano almost half of its capitalization .

52% dominance is still low because we have much higher domination from bitcoin years ago though that is true about Solana making a great growth this past 2 weeks.
now at 54  dollars , from 30 dollars level that is almost 80% increase in the last weeks.
I missed the train for Solana because I did not listen to my mentor , but hope there will be a chance before the bull comes as we expect bear will comes first to accumulate again.

Currently at $57 and going by recent speculations it may hit $70-$75 before the year runs out so I'd you still want to join the sol train, you still have your last chance before it moves far away from current price, but then if you want to hop in I will advise you study the charts, you will observe there's a liquidity pool below $45-$50 which sol could possibly retest and sweep liquidity before further going even higher above $60 following chart patterns and TA, that's another opportunity to get on the sol train, but if other fundamentals happen then it may take another pattern.

Hey some of us have already missed the entry point and I had invested some when it was trading around $8 but unfortunately cashed out at $25 with around 3x return and i understand that it's hit $60 mark today but I feel SOL may not reach new ATH because that has been the trend with all the other ATH as they hard new ATH once it has achieved ATH in previous bull run.

If you are a a day trader then you may enter Solano now because it's fluctuating and you can earn due to these movements but if you want to just invest and leave and not for a longer period of time then better wait and check if the value sustains above $50 even after a week or drops down. There would always be FOMO and we have already missed the entry point and it doesn't make sense to enter now.

This is my opinion based on my experience with Solano.