An expert panel from the crypto industry has forecast that solana could be worth $166 in 2025, and $512 in 2030. “SOL is one of the leading contenders in the smart contract blockchain space. They are likely to be one of the chief beneficiaries if the Ethereum upgrades fail to deliver lower transaction fees,” one of the experts said.
Solana’s Price Prediction
Tuesday’s price prediction by Price Comparison Portal Finder was updated for solana (SOL). Finder “measures expert predictions of the future SOL price” using weekly and quarterly surveys. “Our larger quarterly survey, last conducted in July 2022, asks a panel of 54 industry experts for their thoughts on how Solana will perform over the next decade,” the company wrote.
Finder detailed:
According to our panel, solana will soon be worth $45 before it rises to $166 by 2025.
The panel also expects that the cost of SOL will rise to $512 in 2030.
Comparatively to past predictions, this panel is much more bearish for July. The panel expects SOL will finish 2025 at $166 or 2030 at $512. However, experts in January predicted SOL to hit $222 before it reached $486 at the year-end, $1,267 in 2025, and $1,267 for 2030.
Gavin Smith is a Panxora Hedge Fund general partnership and is optimistic about solana’s future than the average panel member. His prediction was that SOL will reach $76 by this year.
SOL is a leading player in smart contract blockchain. SOL is likely to be the biggest beneficiary if Ethereum upgrades don’t deliver lower transaction fees.
Solana traded at $43.08 as of this writing. This is an increase of 16% and 19% respectively over the previous seven days.
Regarding Sonala’s power outages, Finder detailed: “Stability is one of the major concerns SOL is facing as it is still running on a testnet until the launch of the Solana Mainnet. While the Solana Mainnet will supposedly stop the power outages, our panel isn’t confident, with 69% saying they expect SOL to continue having power outages. Just 6% say that SOL will fix the issue.”
Experts were also asked if it was time to sell, buy, or hold solana. Finder explained:
There is a wide range of opinions on the best way to handle SOL. 41% say it is time to invest, 31% are recommending holding onto their money, and 29% recommend selling.
This panel includes executives from crypto-related firms, executives at crypto exchanges, researchers, university directors and other executives.
Finder’s experts also recently made predictions about several other cryptocurrencies, including bitcoin (BTC), ether (ETH), and cardano (ADA). In May, Finder’s panel predicted the death of the meme cryptocurrency shiba inu (SHIB).
What do you think about the Finder expert panel’s solana predictions? Leave your comments below.
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