Can Solana hit $40 this year?

[fzkto]

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.

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.

[TheSpiral]

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

[RussianEnglishTranslation]

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.

[shinratensei_]

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.

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.

[Inspiron14]

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.

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.

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.

[WalkerIVIV]

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.

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.

[poodle63]

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

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.

[MiF]

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.

[Doan9269]

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

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.

[Madu$11]

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.

[Jocuserious]

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.

[Pamadar]

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.

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.

[AbuBhakar]

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.

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.

[SlimShadyMmp]

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

[lobo13hf]

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.

[shinratensei_]

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

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.

[rojan]

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.

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.

[mich]

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.

[lixer]

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.

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.

[TastyChillySauce00]

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.