Solana (SOL) will exceed $ 1,100 in 2025 and $ 5,000 in 2030, experts predict
During 2021, the product comparison website finder.com published survey data on price predictions related to crypto assets to examine people’s opinion of future prices and offers price predictions for Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC).
On November 1, finder.com published a survey of 50 fintech expert panel members predicting prices for solana (SOL), a competitor to the Ethereum network. Panelists made projections of $ 235 by the end of the year and $ 1,178 by the end of 2025.
Finder’s SOL price prediction was released on November 1st, 2021.
Solana saw its price soar, recently overtaking Cardano and USDT to hit the top 4 by capitalization on November 4th. So far, SOL has grown 16,930% and accounts for 2.54% of the total value of the entire crypto economy ($ 2,724 billion).
50 panelists from Finder survey data believe SOL will end the year at $ 235. In addition, it is expected to rise to $ 1,178 by 2025 and to $ 5,056 by 2030.
Solana DDoS attack is “a sign of an inherent problem”
51% of respondents believe that Solana’s Proof-of-Historic (PoH) network will dominate the Ethereum network over time. However, 40% of experts say the recent DDoS attack that Solana suffered is a cause for concern. While 51% say PoH may have an “advantage” over Ethereum, 26% say it doesn’t, and the remaining 23% are unsafe.
Thomson Reuters technologist and futurologist Joseph Raczynski believes SOL will hit $ 250 by the end of the year.
“While much more centralized, Solana could work well for crypto projects that are less financially important. If you need a lot of transactions, but security is not important, Solana is the first choice. “
Sagi Bakshi, CEO of Coinmama, said Solana’s DDoS attack was “a sign of an inherent problem,” and estimates that SOL will only trade at $ 50 by 2030.
“I don’t know if Solana will survive, there is currently nothing to suggest.”
Coreledger AG CEO Johannes Schweifer, meanwhile, took a completely different view, saying the recent attack on Solana was just a “mistake” and stressing that other crypto asset networks were hit. must have “the same problem”.
“Ethereum has also seen similar attacks in the past … It went down in history as an incident. This DDOS attack in the past was aimed at Solana, ”emphasizes Schweifer.
However, Morpher’s CEO Martin Froehler said Solana was worried about the recent mainnet problems. While agreeing with Schweifer that it was just a “mistake”, he stressed that “a much larger fundamental problem had been discovered for Solana: the lack of decentralization”.
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Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.
According to News.Bitcoin