Table of Contents:
- Our prognosis
- What is Solana coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
Why we are bullish on Solana Up Only
In this article, we will show you why we are bullish on SOL and why we believe it will do well in the near-long term.
What is Solana? SOL Fundamental Analysis
Solana is a single-chain, delegated-Proof-of-Stake protocol, founded by former Qualcomm, Intel, and Dropbox engineers in late-2017, focus on delivering scalability without sacrificing decentralization or security.Core to Solana’s scaling solution is a decentralized clock titled Proof-of-History (PoH), built to solve the problem of time in distributed networks in where there is not a single, trusted, source of time. By using Verifiable Delay Functions, PoH allows each node to locally generate timestamps with SHA256 computations. This eliminates the need for the broadcasts of timestamps across the network, improving overall network efficiency.SOL is the native token of the Solana blockchain. Community tokens are held by the Swiss Foundation, which is run by an independent board. This token pool is used for bounties, incentives programs, marketing, and grants.Solana’s mission is to support all high-growth and high-frequency blockchain applications and to democratize the world’s financial systems.
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Future price prediction
| Date | Price | Possible movement |
|---|---|---|
| Apr 10, 2021 | $27.9500 | Neutral |
| May, 2021 | $ 37.2445 USD | Upside |
| June, 2021 | $ 44.7188 USD | Upside |
| July, 2021 | $ 48.3954 USD | Upside |
| October, 2021 | $ 48.0588 USD | Upside |
| April, 2022 | $ 50.5689 USD | Upside |
SOL Crypto Price Forecast: Frequently Asked Questions
| Question | Answer |
|---|---|
| Will Solana rise today? | Yes Solana will rise today. It's already higher than it's opening price. That's a great sign |
| What will be the highest price of Solana (SOL) in future? | Our analysis shows a possible all time high of $50.5689 USD |
| Will Solana (SOL) price increase in future? | Yes. We believe Solana (SOL) will increase exponentially in future. Up to $50.5689 USD |
| Will an Investment in Solana (SOL) be profitable or make a loss? | Solana will be a profitable investment in the next 1 year if you hodl. |
| What will be the highest price of Solana (SOL) in future? | $50.5689 USD |
| Will the price of Solana (SOL) move downward in future? | Up only |
| At the end of the year, what will be the price of 1 Solana? | Our end of year prognosis of 1 SOL = $50.5689 USD still stands. |
| What is the Solana price prediction for 2025? | By the year 2025, the price of one SOL could be as high as $252.8446 USD |
| Solana price prediction for 2030? | Too hard to predict. A lot can change between now and 2030. |
| Where do I buy Solana? | Great question. Buy SOL coin here → |
Historical Price Data (USD)
Pay close attention to daily volume flutuations. Rising volume like Solana has is a great indication it will do well in the short term.
| Date | Price | Volume |
|---|---|---|
| April 7, 2021 | $25.09 | $15,661,131 |
| April 6, 2021 | $22.99 | $29,200,560 |
| April 5, 2021 | $23.81 | $27,230,532 |
| April 4, 2021 | $22.44 | $33,954,666 |
| April 3, 2021 | $19.77 | $51,615,008 |
| April 2, 2021 | $19.04 | $11,138,607 |
| April 1, 2021 | $19.42 | $17,593,640 |
| March 31, 2021 | $19.1 | $15,131,086 |
| March 30, 2021 | $18.92 | $19,211,420 |
| March 29, 2021 | $18.08 | $16,701,335 |
| March 28, 2021 | $16.47 | $23,638,557 |
| March 27, 2021 | $14.77 | $17,711,607 |
| March 26, 2021 | $13 | $9,553,631 |
| March 25, 2021 | $13.59 | $8,439,341 |
| March 24, 2021 | $14.16 | $8,255,939 |
| March 23, 2021 | $14.81 | $10,196,032 |
| March 22, 2021 | $14.33 | $19,560,555 |
| March 21, 2021 | $14.16 | $5,405,747 |
| March 20, 2021 | $14.14 | $3,652,185 |
| March 19, 2021 | $14.22 | $10,829,870 |
| March 18, 2021 | $14.22 | $13,945,970 |
| March 17, 2021 | $13.64 | $19,582,474 |
| March 16, 2021 | $14.16 | $7,386,267 |
| March 15, 2021 | $14.45 | $16,757,368 |
| March 14, 2021 | $15.29 | $5,729,826 |
| March 13, 2021 | $14.58 | $11,110,134 |
| March 12, 2021 | $16.01 | $10,301,610 |
| March 11, 2021 | $14.19 | $14,261,142 |
| March 10, 2021 | $14.85 | $10,533,161 |
| March 9, 2021 | $13.65 | $8,179,089 |
