Solana Price Prediction | Forecast for SOL

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Table of Contents:

Coin prognosis
What is Solana coin?
Future price prediction
Frequently asked questions
Historical Price Data
Where to buy SOL

Possible bullishness on Solana Up Only

Our coin price forecasting algorithm indicates bullishness on the SOL/USD pair. This means it will do well in the near to long term. This page will offer an in-depth look on short-term and mid to long-term price predictions/possible price movements for Solana, using ranking algorithms that are based on Historical price data.

SOL Price	$46.7500 USD
Price Change24h	$-0.1000 USD (-0.21%)
24h Low / 24h High	$44.3800 / $48.0800 USD
Trading Volume24h	$4,129,340 USD
MarketCap	$24,637,147,136 USD

What is Solana? 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.

Future price prediction

Date	Price	Possible movement
Aug 15, 2022	$48.0800	Neutral
September, 2022	$ 52.6383 USD	Upside
October, 2022	$ 55.1815 USD	Upside
November, 2022	$ 50.2597 USD	Upside
February, 2023	$ 102 USD	Upside
August, 2023	$ 45.5367 USD	Downside

SOL Crypto Price Forecast: Frequently Asked Questions

Question	Answer
Will Solana rise today?	Our data indicates 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 Solana is already past it's immediate all time high, indicating a bearish signal!
Will Solana (SOL) price increase in future?	No. Our algorithms indicate that Solana (SOL) will experience a significant decline in future. As low as $45.5367/SOL
Will an Investment in Solana (SOL) be profitable or make a loss?	Probably Loss making.
What will be the lowest price of Solana (SOL) in future?	$45.5367 USD
Will the price of Solana (SOL) move downward in future?	Down only
At the end of the year, what will be the price of 1 Solana?	Our analysis shows an end of year prognosis of 1SOL = $45.5367 USD.
Where do I buy Solana?	We have curated some great options. 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
August 15, 2022	$44.87	$39,133,360
August 14, 2022	$46.6	$179,155,327
August 13, 2022	$45.52	$219,363,805
August 12, 2022	$42.8	$176,927,291
August 11, 2022	$42.48	$225,182,358
August 10, 2022	$40.35	$217,289,355
August 9, 2022	$42.22	$154,605,679
August 8, 2022	$40.62	$175,894,097
August 7, 2022	$40.07	$89,752,298
August 6, 2022	$40.56	$80,062,849
August 5, 2022	$38.82	$181,940,042
August 4, 2022	$38.57	$142,196,402
August 3, 2022	$39.75	$378,853,157
August 2, 2022	$41.66	$199,670,616
August 1, 2022	$42.37	$193,723,782
July 31, 2022	$43.85	$180,476,118
July 30, 2022	$41.93	$291,756,645
July 29, 2022	$42.94	$273,733,162
July 28, 2022	$40.24	$347,674,742
July 27, 2022	$36.27	$257,042,315
July 26, 2022	$36.6	$198,100,005
July 25, 2022	$40.96	$232,877,627
July 24, 2022	$39.98	$134,443,327
July 23, 2022	$40.55	$158,270,986
July 22, 2022	$43.11	$240,801,246
July 21, 2022	$42.03	$342,856,761
July 20, 2022	$44.88	$374,790,513
July 19, 2022	$43.54	$435,904,063
July 18, 2022	$38.62	$293,143,493
July 17, 2022	$39.59	$184,619,472

Where and How to Buy Solana (SOL) Coin

There are 3 steps to purchasing Solana. They are:

Buy Bitcoin: Buying Bitcoin in 2022 is a fairly simple matter which we don't need to go in-depth on. The best places to but Bitcoin directly today with USD or your native currency are: Coinbase, Binance and Paypal. Luckily, some exchanges allows you to purchase SOL directly with USD. They are: Bitfinex, ftx, binanceusa, .
Move the Bitcoin to an Exchange that supports SOL: Once you have purchased BTC, the next step is to move the BTC to an exchange that supports the SOL/BTC trading pairs.
At the moment, SOL is currently available for purchase with Bitcoin at HuobiPro, OKEX, huobikorea, Binance, HuobiPro, ftx, OKEX, HitBTC, huobikorea, bithumbglobal, .
Buy Solana on the Exchange: Now, you can buy Solana with your Bitcoin on your preferred exchange from the options we provided. Some of these exchanges support different SOL pairs. Below is a detailed breakdown of each exchange and the trading pairs it supports.

USD Exchanges

Exchange	Trade Pair	Volume	Exchange Grade
Bitfinex	SOL/USD	$166,058 USD	A
ftx	SOL/USD	$5,649,980 USD	A
binanceusa	SOL/USD	$1,757,596 USD	BB

Bitcoin Exchanges

Exchange	Trade Pair	Volume	Exchange Grade
Binance	SOL/BTC	232.0947 BTC	A
HuobiPro	SOL/BTC	11.7171 BTC	A
ftx	SOL/BTC	9.1290 BTC	A
OKEX	SOL/BTC	201.4025 BTC	BB
HitBTC	SOL/BTC	0.0212 BTC	B
huobikorea	SOL/BTC	9.8403 BTC	B
bithumbglobal	SOL/BTC	21.0249 BTC	B