Solana has skilled notable progress within the DeFi, NFT, and Web3 markets since its inception in April 2019. Quite a few tasks are at present being developed on the Solana community, with extra anticipated to emerge quickly.
Based on data supplied on Solana’s official web site, the corporate’s important worth proposition is providing low-cost transactions indefinitely. As a blockchain community, it competes straight with different platforms, resembling Ethereum.
Solana had breached the worth degree of $150 after a chronic 12 months of downward pattern. Based on current knowledge, SOL has been up by over 2.1% within the final 24 hours. SOL can be up by over 17% within the final seven days. Throughout this era, SOL surged from $117 to a excessive of $153 earlier than falling to its present worth.
With the entire cryptocurrency market being unstable, right here is our worth prediction for Solana (SOL) for the week.
SOL worth prediction for the week
Numerous elements, resembling market situations, worth motion, developments, provide, and use circumstances, will decide whether or not Solana’s SOL can shoot up or go down in worth through the week.
Primarily based on its habits at the beginning of 2024, cryptocurrency consultants at Changelly supply their worth prediction for Solana SOL for the week. For this timeframe, SOL’s minimal worth is anticipated to be $155, and its most is anticipated to be $205.
Moreover, consultants count on that SOL will commerce at a mean worth of $170. Changelly consultants predict that the SOL worth is more likely to maintain the $150 worth degree this week. Nonetheless, your entire prediction may depend upon the general market sentiment. With BTC struggling to maintain up its momentum, it’s unsure the place SOL is headed subsequent.
