Can Solana hit $40 this year?

[SaveOurSea]

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.

[Ojima-ojo]

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.

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.

[lobo13hf]

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.

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.

[shinratensei_]

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.

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.

[mich]

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/

[eaLiTy]

~
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.

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.

[CapGelatik]

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.

[Tigerheart3026]

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,

[nur rochid]

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

[Inspiron14]

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.

[lixer]

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.

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.

[JeffBrad12]

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.

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.

[Amejoaquim]

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.

[v3liana]

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.

[yohananaomi]

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.

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.

[BaeSuzy]

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.

[RewFrew]

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.

[kevinzxz]

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.

[Pamadar]

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 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.

[fzkto]

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.

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.