Some experts shared their analysis and predicted that Solana (Sol) is very near to $90 to $100 soon.
Solana (Sol) is a popular Proof-of-stake (PoS) crypto network which is popular in the crypto space because of its unique protocol Proof-of-history (PoH) which helps the Solana network to process crypto transactions with very high scalability & very low fee. Solana’s backend team is involved in multiple crypto, blockchain, & Web3-related development activities to bring the use of the Solana network to the top level.
In the last 30 days, the trade price of Sol, the native coin of the Solana network, surged by nearly 70%. And today Sol surged 13.5% as a part of crypto bull momentum.
The current trade price of Sol coin is $72.86 with an awesome & unique rally over the other flagship crypto assets in the same period.
According to the majority of the crypto analysts, Sol coin is going to take some stable price fluctuation in between$90 to $100. This means Solana will remain unstoppable until it hits $90.
On 7 Dec 2023, Popular cryptocurrency analyst Ali Martinez shared his Sol price prediction on behalf of the current momentum.
According to Ali, the trade price of the Sol coin has very high buy support at $60 but any big negative news will drag the Sol’s price back to $47.
For the upside movement, he predicted that the next trade price stoppage for Solana would be $90.
The current 24-hour Sol coin trade volume is near $4 billion+ with ranking 6th in the whole crypto sector. This is something that was not expected when Solana faced several negative news related to the Solana blockchain smart-contract bug as the bankruptcy of the biggest Sol coin investor Alameda Research.
Recently BitMex Co-founder Arthur Hayes also shared the Solana price chart and predicted that it will soon hit $100.