By the conclusion of this year, the price of Solana (SOL) is not anticipated to fluctuate significantly. By the end of 2030, however, things will improve if you HODL. According to Finder's most recent price prediction report, this is the case.
By the end of 2022, the cost of SOL is expected to reach $45 according to the panel of fintech and Web3 experts' forecast.
This amount is almost 75% less than what was predicted to cost at the start of 2022. However, the panel predicts that this would increase to $166 by 2025. The estimated price is $512 by December 2030.
The time to buy some SOL, according to 40% of the panelists, is right now. However, 31% believe it's time to hodl. It's time to sell, according to 29% of respondents.
The cryptocurrency predicted by 55% of the panel to surpass Binance in terms of total value locked on the chain is SOL.
Funday's co-founder is Alex Baghdjian. At $40, Baghdjian's forecast is comparable to the panel average. According to Baghdjian, the time is right to purchase SOL. This is due to the fact that the community is flourishing as a result of an increase in developers.
Ever since September 2021, Solana has experienced numerous power outages. According to 69% of the panel, this issue will endure.
Kevin He serves as CloudTech's Group COO. He predicts that the issue will persist and claims that SOL may lose customers as a result of the network instability.
“Solana’s network is not stable enough, and it’s not the first time we’ve seen Solana’s network crash this year. More new projects and dApps will also be attracted by Ethereum’s user base and abandon Solana after Ethereum completes its upgrade.”
