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Author Topic: Does Solana(SOL) price could reach an average of $60 in 2023 ????  (Read 675 times)
teddybear (OP)
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August 31, 2022, 06:37:15 PM
 #1

Solana is a relatively new project when compared to the likes of Bitcoin and Ethereum. Solana flew under the radar for years, then rallied in this year.

Does Solana price could reach an average of $60 in 2023 Huh Huh Huh Huh Huh Huh Huh Huh
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August 31, 2022, 07:15:09 PM
 #2

No one knows because the market is dictated by the supply and demand.  There is a possibility but I am more inclined to not think that SOL would break thru $50 because we are still possibly at a bear season during that years, besides NFT as the main products of Solana has lost its hype.  Unless they cater a new kind of products that will bring hype to market, I do not think that they will reach $60 in 2023 unless they are pumped really hard since there is no reason if someone decided to pump a project.
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August 31, 2022, 08:43:38 PM
 #3

Solana is a relatively new project when compared to the likes of Bitcoin and Ethereum. Solana flew under the radar for years, then rallied in this year.
Does Solana price could reach an average of $60 in 2023 Huh Huh Huh Huh Huh Huh Huh Huh

I don't really agree with your statement that Solana flew under the radar for years before it popped off. If you do a little research then you will see, that Solana was only tradeable for a few monts before it started to see a sharp increase in price and also in trading volume. Now it is among the top 10 crypto projects in terms of market cap which is quite a big achievement.
Regarding your question if 60$ per SOL are possible in 2023 then i would definitely say "yes" that is definitely possible. At the moment SOL is trading at around 32$ and it's ATH from like 10 months ago was at 260$ so i don't see a reason why SOL should not reach 60$ if the crypto market recovers.
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August 31, 2022, 09:49:45 PM
 #4

These questions that are asking about if the altcoin they're holding will reach a certain high is always being asked.

Take it this way.

If the bull run comes to the market again, everything is possible. As long as bitcoin goes up, then for sure many of these altcoins are also going to be up just as bitcoin does.

That's what I'm thinking and looking at their past ATHs, they can beat that for the next bull run or possibly that they'll never see it again.

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August 31, 2022, 10:55:17 PM
 #5

$60 should be achievable by 2023 since we're talking about a project that has a big community with cult-like mentality too. Remember that the next halving is expected to happen a year after that so it's likely more whales will accumulate next year leading up to the next bull run.
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September 01, 2022, 07:49:15 AM
 #6

In terms of trust, I admit that it's not a hard thing to get, but there's also a lot of negative and positive news surrounding it. But with what it has been through so far, all speculation needs to consider what we will gain and lose when investing in them. Each person will look at them differently. However, from my observations since seeing its appearance, I have always seen the dev's preference to develop the product and push it on different trends, some signals about the trends. The newly created direction will probably always be grasped and promoted by them in the general ecosystem of SOL, and basically, if you are ready to go, then choose for yourself a holding position with more advantages so the sole can go longer with it.

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September 01, 2022, 08:48:40 AM
 #7

Solana is a relatively new project when compared to the likes of Bitcoin and Ethereum. Solana flew under the radar for years, then rallied in this year.

Does Solana price could reach an average of $60 in
Solana for now is still a type of coin that is widely discussed in the media, especially in the crypto field, I am also one of the active users in investing for the Sol coin, the current price is $30, after Nov 21 yesterday had touched the level of $ 260, I believe things that have happened can happen again, even though at this time all coins are falling, for 2023 I am optimistic that $ 60 is easy for Sol could be more.


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September 01, 2022, 09:13:18 AM
 #8

Solana is a relatively new project when compared to the likes of Bitcoin and Ethereum. Solana flew under the radar for years, then rallied in this year.

Does Solana price could reach an average of $60 in 2023 Huh Huh Huh Huh Huh Huh Huh Huh
Hard to see where the price one year from now, currently it is on the $30.00 range. So there are a lot of money needed to be like $60 in 2023. And we are definitely in the bear market still next year. My guestimate is that we are not going to get to that price next year, so it's better to expect the unexpected.

And if you are a investor, maybe the best approach is to continue to accumulate as much as you can in the bear market. It's last all time high is $260.00. So chances are it can grow bigger than then in 2024-2025 bull run.

R


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September 01, 2022, 09:31:45 AM
 #9

Solana is a relatively new project when compared to the likes of Bitcoin and Ethereum. Solana flew under the radar for years, then rallied in this year.

Does Solana price could reach an average of $60 in 2023 Huh Huh Huh Huh Huh Huh Huh Huh

When it comes to a specific price increase in the next month or year, no one really knows about it because the crypto market is really hard to predict and no one can deny the sudden increase if something good happens to the market. when you say it can it reach that price? I say yes if good things will happen with the project in the next few months because nowadays investors are vigilant, they want real development instead of broken promises making them doubt the other project as well.

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September 01, 2022, 11:45:45 AM
 #10

Solana is a relatively new project when compared to the likes of Bitcoin and Ethereum. Solana flew under the radar for years, then rallied in this year.

Does Solana price could reach an average of $60 in 2023 Huh Huh Huh Huh Huh Huh Huh Huh
In a bull market, the price of Solana will rise. For a 2-3 year investment, a $30 purchase price is good. It is better to buy cheaper from 20 to 25 dollars, but not the fact that such a price will be.The bull market may start after the Bitcoin halwig, and there is no hope for 2023, but this is just my opinion and not financial advice.I recommend buying different coins, Cosmos, Polkadot, Near, etc.


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September 01, 2022, 12:16:44 PM
 #11

The current Solana price is around $30, so to hope that the price will be doubled next year is too good to be true, even if the real bullish market finally come, doubling the price in one year is nearly impossible. Moreover, the market-cap has not been raise significantly after the big bearish last year.


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September 01, 2022, 12:18:15 PM
 #12

It might better if you are hoping the bullish market will come very soon and then you can expect even higher price than it. Did you buy at such price? if you have bought at that price and then you must be patience. Solana is a big coin and it can go back again anytime.
I think that solana can reach such value next year. You shall hope bitcoin will be going to be bullish and then you can expect a miracle to happen to pump the price of solana.

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September 01, 2022, 12:37:57 PM
 #13

...Does Solana price could reach an average of $60 in 2023 ?

Everything will depend on the general state of the cryptocurrency market and if there is a bull market by then, the SOL price will not be limited to $60. Considering that the ATH was about $260, reaching the price of $60 does not seem to be something impossible.

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September 01, 2022, 12:51:19 PM
 #14

Solana is a relatively new project when compared to the likes of Bitcoin and Ethereum. Solana flew under the radar for years, then rallied in this year.

Does Solana price could reach an average of $60 in 2023 Huh Huh Huh Huh Huh Huh Huh Huh
My own speculation about this coin is that it is completely possible to surpass $60, but on the contrary, I also have a negative view because it is not something I regularly monitor. I left it off before and didn't really care about it. Overall, the market is not very active right now and we can totally go through a long hibernation of the market before things start. real head, obvious development But it wouldn't be too difficult if it was inflated in some way and the value reached even higher levels, looking at the ATH of SOL I agree with many people that it will still bring opportunities. Trust is essential for capitalizing on the opportunity. 

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September 01, 2022, 07:07:27 PM
 #15

Solana is a relatively new project when compared to the likes of Bitcoin and Ethereum. Solana flew under the radar for years, then rallied in this year.
Does Solana price could reach an average of $60 in 2023 Huh Huh Huh Huh Huh Huh Huh Huh

I don't really agree with your statement that Solana flew under the radar for years before it popped off. If you do a little research then you will see, that Solana was only tradeable for a few monts before it started to see a sharp increase in price and also in trading volume. Now it is among the top 10 crypto projects in terms of market cap which is quite a big achievement.
Regarding your question if 60$ per SOL are possible in 2023 then i would definitely say "yes" that is definitely possible. At the moment SOL is trading at around 32$ and it's ATH from like 10 months ago was at 260$ so i don't see a reason why SOL should not reach 60$ if the crypto market recovers.

Absolutely after crypto market recovery it strike $60 or more but there is a chance to make our predictions reverse like Luna...... Roll Eyes
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September 01, 2022, 10:22:38 PM
 #16

Solana is a relatively new project when compared to the likes of Bitcoin and Ethereum. Solana flew under the radar for years, then rallied in this year.

Does Solana price could reach an average of $60 in 2023 Huh Huh Huh Huh Huh Huh Huh Huh
There’s a lot of ongoing updates and developments with SOL, I see this as a good project that has a brighter future compare to other coins. New peak can only happen on a bull market though, so if there’s a bull trend in 2023 then most probably SOL will rise as well since it is considered as one of the best coin today. Just continue to monitor SOL, they have upcoming updates that can bring big changes to their platform, it’s good to get updated always, and hold with your target price as well since we can’t really know what will happen in the future.

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September 01, 2022, 10:29:32 PM
 #17

Solana is a relatively new project when compared to the likes of Bitcoin and Ethereum. Solana flew under the radar for years, then rallied in this year.

Does Solana price could reach an average of $60 in 2023 Huh Huh Huh Huh Huh Huh Huh Huh
That was uncertain. We're not even sure by 2023 we are in a bullish season making us see and expect that Solana will have another ATH. It was better not to expect that high. The current price of Solana is just $31, not that far possible to reach but yes, that only hypes will come.
I may just say that reaching $60 in 2023 is impossible, I'd just consider the market condition. Maybe of their a sort of recovery next year, $40 is way possible.

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September 01, 2022, 10:42:23 PM
 #18

Solana is a relatively new project when compared to the likes of Bitcoin and Ethereum. Solana flew under the radar for years, then rallied in this year.

Does Solana price could reach an average of $60 in 2023 Huh Huh Huh Huh Huh Huh Huh Huh
This question is similar to other questions where everybody asking about certain coins increases. Well, during the bearish era, the market is more unpredictable. However, in 2023, we still don't know the trend of the market, whether it is still in the bearish era or started in the bullish era. However, if we see the cycle of the trend, 2023 maybe still on bearish or still n this kind of situation.
So, we are not sure enough whether Solana is able to reach $60 or not in 2023. If the market trend is getting better, this does not rule out the possibility that SOL can reach the $60 target because after all SOL is one of the top coins that does have pretty good fundamentals. Moreover, the current price of SOL is around $31. So do not rule it out. But again, no one can say for sure.
And even if the price hasn't reached $31, it's best to just hold on to the coin, especially if you're still losing money in it.

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September 01, 2022, 10:43:18 PM
 #19

I think if the trend of btc is changing then the bullish season finally comes I think it's easy for solana in reaching that height of value.
right now most coins heavily influenced by the current trend that makes them hardly have the chance of having rally to increase their valuation, so reaching new heights of value is kinda hard for them.

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September 02, 2022, 03:17:13 AM
 #20


Everything is possible if the bull run returns. Solana has trouble joining other cryptocurrencies the crypto's value has dropped comparing today's SOL market cap to yesterday's shows a decline Solana coin still showing risky framing segments it may have strong fundamentals but we don't think it will be profitable in the short term Solana's value is projected to climb as scarcity drives up prices any investment has risk before drawing conclusions invest in your abilities and conduct as much research as possible.

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