Solana has experienced notable growth in the DeFi, NFT, and Web3 markets since its inception in April 2019. Numerous projects are currently being developed on the Solana network, with more expected to emerge soon.
According to information provided on Solana’s official website, the company’s main value proposition is offering low-cost transactions indefinitely. As a blockchain network, it competes directly with other platforms, such as Ethereum. Solana has recently breached the price level of $100. However, according to recent data, SOL has been down by over 9% in the last 24 hours.
With the whole cryptocurrency market trading in the green, here is our price prediction for Solana for this weekend.
Also read: Etherscan Acquires Solscan to Boost Blockchain Data Accessibility
SOL price prediction for this weekend
Various factors, such as market conditions, price action, developments, supply, and use cases, will determine whether Solana’s SOL can shoot up in price this weekend.
Based on SOL’s behavior at the start of 2024, cryptocurrency experts at Changelly offer their price prediction of Solana for this weekend. For this timeframe, SOL’s minimum price is anticipated to be $104.
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In addition, experts expect that SOL will trade at an average price of $113 to $114 during the weekend. Changelly experts predict that the SOL price is likely to reclaim $110 during the weekend.
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