Can Solana hit $40 this year?

[kotajikikox]

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/

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 .

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 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 .

[JeffBrad12]

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.

[Sophokles]

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.

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.

[kotajikikox]

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.

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.

[Dunamisx]

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!! 

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.

[peter0425]

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

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.

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!! 

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.

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 .

[btc78]

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 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.

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!! 

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.

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.

[fzkto]

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!! 

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.

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.

[JeffBrad12]

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.

[makishart]

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!! 

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.

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.

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.

[Reatim]

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!! 

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.

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.

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 .

[Cryptoababe]

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.

[TakeItEasy]

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.

[libert19]

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.

[peter0425]

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 .

[kotajikikox]

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,

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.

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.

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.

[Zigabel]

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.

[kentrolla]

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 .

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.