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 |
Eth Exchanges
Exchange | Trade Pair | Volume | Exchange Grade |
---|---|---|---|
HuobiPro | SOL/ETH | 314.8533 ETH | A |
OKEX | SOL/ETH | 3307.9524 ETH | BB |
huobikorea | SOL/ETH | 301.8803 ETH | B |