Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Solana Price Prediction: $3,200 by 2030? Experts Weigh In

Solana Price Prediction: $3,200 by 2030? Experts Weigh In

CoineditionCoinedition2024/06/10 22:13
By:Coin Edition
  • Solana could reach $3,200 by 2030, according to VanEck.
  • VanEck’s analysis shows Solana’s base value at $330 in 2023.
  • Solana’s momentum is strong despite potential sell-offs by VCs.

A recent video from the popular BitBoy Crypto YouTube channel explores the potential future of Solana (SOL) and its price forecasts through 2030. The discussion centers on notable predictions and market trends that could shape Solana’s trajectory in the coming years. 

BitBoy makes a bold claim: SOL’s value could surge to $3,200 by 2030. This ambitious prediction begs the question: what’s fueling this optimism?

The host cites a previous surge in November 2023, where SOL’s price jumped 38.5% in less than a week, from $55 to over $60.

Shifting to a more analytical perspective, the video highlights the differences between FTX and Solana’s decentralized network. The host assures viewers that Solana is a legitimate project with substantial financial backing, not a Ponzi scheme, despite some negative comparisons. He acknowledges that venture capitalists might use market rallies to exit their positions, but Solana’s current momentum indicates a promising future.

A pivotal point is the reference to a comprehensive VanEck report offering a detailed valuation framework for Solana. VanEck forecasts a $330 base price for SOL in 2030, with a bearish scenario of $10.

However, the bullish case takes center stage, projecting a staggering $3,211 price target by 2030. This estimate, backed by in-depth analysis and market trends, underscores Solana’s potential for significant growth.On the other hand, a previous Coin Edition report highlighted crypto analyst MartyParty’s bullish stance on Solana, calling it the “king.” While the current price might be sluggish, SOL’s technical analysis reveals an intriguing trend.”

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!