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Author Topic: Does Solana(SOL) price could reach an average of $60 in 2023 ????  (Read 683 times)
imfrommetaverse
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September 12, 2022, 12:28:43 AM
 #61

Yes for sure, many projects creating now, blockchain develop, for example started new project Amulet protocol. Amulet plans to start with providing cover for smart contract vulnerability, stablecoin
de-peg risk, custodian risk, and eventually expand to a much wider spectrum of different risk types such as default risk on lending protocols, NFT asset risk, price volatility risk, etc.
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September 14, 2022, 01:50:03 AM
 #62

Solana still has too much drama in 2022, how many times has her network crashed to make people underestimate her. But I believe and agree $60 is an optimistic price to achieve in 2023 because trust still exists in this blockchain platform

I think Solana will reach $60 & above once Bitcoin market starts recovering which I hope will happen in last quarter of current year. The Solana Block chain outage is an issue which has grossly damaged its reputation but team is struggling to fix it. I think NFT market will play an important role to create renewed interest in Solana because despite bearish conditions in  crypto market Solana NFT market has show more than 20% growth in 2nd quarter of 2022.

Yes, indeed NFT is one of the advantages of the Solana network, moreover the Solana network is also very fast and cheap for every transaction. If the developer can maintain the performance of the Solana network, people's trust will continue to be Solana

The NFT sector has been very active on Solana lately, if NFT can still generate hype then Solana will benefit greatly. But in the end it all depends on bitcoin, NFT or whatever trend it will be very difficult to grow if bitcoin does not grow.

Solana is the blockchain with fast transaction speed and extremely low fees among all blcokchains, but unfortunately it has been constantly crashing. That made sol somewhat unattractive, sol really needs to work harder to fix the existing problems.

I also see it that way, NFT is Solana's strength that should be exploited by keeping the network from crashing so as to destroy everyone's trust. With the advantages of transaction speed and cheapness, Solana definitely has a selling point and will be excellent, but again, the network will not crash again.
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September 14, 2022, 02:27:30 AM
 #63

Solana NFT's are the shit. I love them cuz I can upload my original photographs very cheap! Wink

The markets are fun and easy/quick too. Sure every chain has growing pains, but I still like the fundamentals of SOL

 
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September 14, 2022, 03:07:01 AM
 #64

Solana is one of the most worthy coins for us to buy right now, because Solana's price has decreased a lot compared to last year.
Falling a lot does not mean it won't fall more. In my opinion, Solana can plummet to $7 to $14 and I think I will consider to join around $12 to $14 and reserve a little for $7 to $9 to accumulate more if it drops to these price.

Quote
Which in 2021 Solana managed to hit ATH at $260, and now Solana is at $34, so the decline in the price of Solana is quite far.
It's not guarantee that price is on bottom already. Bottom might be somewhere deeper.

Quote
So we can imagine if Solana could return to the ATH price it would be very profitable. The problem is we don't know when Solana will recover and return to the ATH price,
what is certain is that getting to $60 doesn't seem too difficult for Solana.
Solana is an altcoin and it has to follow Bitcoin. Bitcoin will have another bull run after halving in 2024 but Solana must have upgrades that enhance their blockchain capacity and performance, big news must be ready for the next bull run. Then Solana can reclaim its all time high.

 
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September 14, 2022, 06:38:07 AM
 #65

A few coins have gained massive popularity in the altcoins ‍market. One of them is Solana. Which makes their own chain with latest technology and now it is acceptable for all the investors with high confidence. We all know about its roar of the past bull run. However, at present Solana coin is very cheap due to the market being bearish for a long time. I am optimistic that they will overcome the mentioned price by 2023.

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September 14, 2022, 06:52:04 AM
 #66

A few coins have gained massive popularity in the altcoins ‍market. One of them is Solana. Which makes their own chain with latest technology and now it is acceptable for all the investors with high confidence. We all know about its roar of the past bull run. However, at present Solana coin is very cheap due to the market being bearish for a long time. I am optimistic that they will overcome the mentioned price by 2023.
Solana might be able to get a stronger market if developments are done better. one of the innovations they bring may be the use of very low transaction fees.
but a while ago we saw how their network was disrupted, and that made investors worried about their assets. the price was slammed very hard, and to return it of course would take a long time. but if the end of this year's quarter the market can be in a better position, maybe there will be a high possibility of reaching $60 is not difficult.



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imfrommetaverse
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September 14, 2022, 01:50:10 PM
 #67

Yes for sure, many projects creating now, blockchain develop, for example started new project Amulet protocol. Amulet plans to start with providing cover for smart contract vulnerability, stablecoin
de-peg risk, custodian risk, and eventually expand to a much wider spectrum of different risk types such as default risk on lending protocols, NFT asset risk, price volatility risk, etc.

in continuation of the Amulet Protocol project , we have been actively testing the platform for more than two weeks and so far everything looks very optimistic for Solana . Let's see how it will work further.
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September 14, 2022, 06:34:13 PM
 #68

I don't have high expectations for Solana to reach $60 in 2023 but it could happen because Solana still has enough time to attract more investors. At this time, the team needs to work harder because the market position is still below and many investors are already desperate to see the market developments are not too significant. So if the team can provide the next update that can be positive news for Solana, it might be able to attract investors to re-invest in the Solana project. So if you believe Solana can reach $60 in 2023 or this year, you better hold on to Solana and wait for the moment.

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September 15, 2022, 02:41:29 AM
 #69

I don't have high expectations for Solana to reach $60 in 2023 but it could happen because Solana still has enough time to attract more investors. At this time, the team needs to work harder because the market position is still below and many investors are already desperate to see the market developments are not too significant. So if the team can provide the next update that can be positive news for Solana, it might be able to attract investors to re-invest in the Solana project. So if you believe Solana can reach $60 in 2023 or this year, you better hold on to Solana and wait for the moment.

I respectfully disagree with this ill-thought out post that was created just to make money in a sig campaign.  Roll Eyes

How many here have actually even used Solana? Have you ever minted an NFT with Phantom wallet or Solflare? Grin I doubt it...

Anyhow. Solana is a whole different ballgame, and it's fundamentals are quite intriguing and promising, as it can scale to a level not seen yet in most blockchains, but sure it is new and needs work like everything else. Wink

SOL Basics for you newbs who just shitpost for $ or people who want to actually understand SOL.. Roll Eyes

https://blockheroes.dev/part-1-solana-fundamentals/

Cheers to those who actually want to learn & not just make opinions without having used it, or understanding it at all ... Wink

 
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September 15, 2022, 05:53:29 AM
 #70

Well since I’m fairly confident we will see BTC hit 100,000 by the year 2023 then yes I think the price of 1 SOL could reach a average price of $60 by the same year.

Historically when BTC pumps so does the other alt coins and SOL has a very large Marketcap and its a top 10 coin.  So for this reason as long as Bitcoin pumps which I think it will then I agree SOL will reach $60 by 2023.

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kamvreto
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September 15, 2022, 06:11:06 AM
 #71

The $60 target for Solana is a low target and it can be achieved quite easily, just need to wait for the bitcoin price to stabilize and give Altcoins a chance to recover. Let's look at Solana's history to date. Solana can even reach ATH $260 and for the last 30 days Solana has been stable at $30-$40. We'll just have to wait and see what happens next. The main key, of course, is the movement of Bitcoin.
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September 15, 2022, 10:06:32 AM
 #72

Anything is possible in the cryptocurrency, it could be not or it could be yes, As I've seen the market trend today, we can definitely say that the bear market is very near to its end, It is the best time to bag your favorite crypto and wait for the better timing, who knows your question about SOL will come true.
DanWalker
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September 15, 2022, 11:04:36 AM
 #73

The $60 target for Solana is a low target and it can be achieved quite easily, just need to wait for the bitcoin price to stabilize and give Altcoins a chance to recover. Let's look at Solana's history to date. Solana can even reach ATH $260 and for the last 30 days Solana has been stable at $30-$40. We'll just have to wait and see what happens next. The main key, of course, is the movement of Bitcoin.

Likewise, I agree that the target is a bit low compared to Sol's potential, but I am not so sure it will ever return to the $260 ATH since what Sol has shown this year is quite disappointing. One more thing, $60 is a pretty low target, x2 from current prices, but it won't be easy if bitcoin doesn't move or worse, bitcoin keeps dumping. So making predictions for 2023 is not possible.
Sol is still one of the top coins and is very active during the bear season so it is still quite a promising coin to invest in, if you want to invest you can buy it at this price, a pretty good price to buy long term for Sol.

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September 15, 2022, 03:44:19 PM
 #74

Solana is piquing interest of the audience and helping to increase one's capacity for generating income. It is deduced from the descriptions of experts that solana will be more expensive than any other currency in the future even though no one can forecast the future of any coin. The cost is merely approximal, and it is assumed that it will be immense soon.

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