Table of Contents:
- Coin prognosis
- What is Solana coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
- Where to buy SOL
Possible uptrend on Solana Up Only
Our coin price forecasting algorithm indicates bullishness on the SOL/USD pair. This means it will do well in the near to long term.
| SOL Price | $19.5600 USD |
| Price Change 24hours | $0.0900 USD (0.46%) |
| 24h Low / 24h High | $19.4200 / $20.0300 USD |
| Trading Volume 24hours | $1,215,088 USD |
| Market Cap | $10,724,839,424 USD |
What is Solana? Fundamental Analysis
Solana is a single-chain, delegated-Proof-of-Stake protocol, founded by former Qualcomm, Intel, and Dropbox engineers in late-2017, focus on delivering scalability without sacrificing decentralization or security.Core to Solana’s scaling solution is a decentralized clock titled Proof-of-History (PoH), built to solve the problem of time in distributed networks in where there is not a single, trusted, source of time. By using Verifiable Delay Functions, PoH allows each node to locally generate timestamps with SHA256 computations. This eliminates the need for the broadcasts of timestamps across the network, improving overall network efficiency.SOL is the native token of the Solana blockchain. Community tokens are held by the Swiss Foundation, which is run by an independent board. This token pool is used for bounties, incentives programs, marketing, and grants.Solana’s mission is to support all high-growth and high-frequency blockchain applications and to democratize the world’s financial systems.
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Future price prediction
| Date | Price | Possible movement |
|---|---|---|
| Jun 1, 2023 | $20.0300 | Neutral |
| July, 2023 | $ 21.5772 USD | Upside |
| August, 2023 | $ 20.7295 USD | Upside |
| September, 2023 | $ 24.2521 USD | Upside |
| December, 2023 | $ 24.5276 USD | Upside |
| June, 2024 | $ 49.2112 USD | Upside |
SOL Crypto Price Forecast: Frequently Asked Questions
| Question | Answer |
|---|---|
| What will be the highest price of Solana (SOL) in future? | Our analysis shows a possible all time high of $49.2112 USD |
| Will Solana (SOL) price increase in future? | Our prognosis shows Solana (SOL) will increase exponentially in future, attaining a possible coin price of $49.2112 USD |
| Will an Investment in Solana (SOL) be profitable or make a loss? | Solana will be a profitable investment in the next 1 year, giving hodlers a good return. |
| What will be the highest price of Solana (SOL) in future? | $49.2112 USD |
| Will the price of Solana (SOL) move downward in future? | Up only |
| At the end of the year, what will be the price of 1 Solana? | Our algorithms indicates an end of year price of 1 SOL = $49.2112 USD. |
| What is the Solana price prediction for 2025? | By the year 2025, the price of one SOL could be as high as $246.0562 USD |
| Solana price prediction for 2030? | Too hard to predict. The crypto market changes rapidly. Hence, s lot can change between now and 2030. |
| Where do I buy Solana? | Purchase SOL coin here → |
Historical Price Data (USD)
Rising volume like Solana has is a great indication it will do well in the short term.
| Date | Price | Volume |
|---|---|---|
| May 23, 2023 | $19.53 | $1,605,201 |
| May 22, 2023 | $19.62 | $25,396,202 |
| May 21, 2023 | $20.28 | $17,406,427 |
| May 20, 2023 | $20.35 | $11,874,292 |
| May 19, 2023 | $20.35 | $12,173,133 |
| May 18, 2023 | $21.05 | $32,210,084 |
| May 17, 2023 | $20.68 | $28,252,931 |
| May 16, 2023 | $21 | $32,280,170 |
| May 15, 2023 | $20.95 | $35,261,617 |
| May 14, 2023 | $20.85 | $17,138,403 |
| May 13, 2023 | $20.92 | $18,786,639 |
| May 12, 2023 | $20.2 | $39,961,404 |
| May 11, 2023 | $20.95 | $31,766,349 |
| May 10, 2023 | $20.67 | $42,365,257 |
| May 9, 2023 | $20.69 | $24,020,732 |
| May 8, 2023 | $21.7 | $56,713,509 |
| May 7, 2023 | $21.97 | $32,410,541 |
| May 6, 2023 | $22.84 | $36,764,245 |
| May 5, 2023 | $21.75 | $46,832,195 |
| May 4, 2023 | $22.23 | $28,095,179 |
| May 3, 2023 | $22.26 | $37,496,560 |
| May 2, 2023 | $21.98 | $28,907,150 |
| May 1, 2023 | $22.72 | $42,140,712 |
| April 30, 2023 | $23.2 | $31,938,921 |
| April 29, 2023 | $23.37 | $29,082,513 |
| April 28, 2023 | $22.33 | $53,977,157 |
| April 27, 2023 | $21.28 | $48,293,894 |
| April 26, 2023 | $21.93 | $61,981,876 |
| April 25, 2023 | $21.39 | $31,188,483 |
| April 24, 2023 | $21.48 | $29,952,816 |
Steps to buy Solana (SOL) in 2023
- Buy SOL with USD: Purchase SOL with USD on the following exchanges: Bitfinex, ftx, binanceusa, .
Alternatively, - Buy Bitcoin directly on Coinbase, Binance or Paypal
- Send the BTC to an Exchange that supports SOL/BTC pair. You can buy SOL with Bitcoin at HuobiPro, OKEX, huobikorea, Binance, HuobiPro, ftx, OKEX, HitBTC, huobikorea, bithumbglobal, .
- Now, Buy Solana with BTC: Below is a detailed breakdown of exchanges that support Solana and their trading.
Exchanges that support SOL/USD Pair
| Exchange | Trade Pair | Rating |
|---|---|---|
| Bitfinex | SOL/USD | A |
| ftx | SOL/USD | A |
| binanceusa | SOL/USD | BB |
Exchanges that trade SOL/BTC Pairs
| Exchange | Trade Pair | Rating |
|---|---|---|
| Binance | SOL/BTC | A |
| HuobiPro | SOL/BTC | A |
| ftx | SOL/BTC | A |
| OKEX | SOL/BTC | BB |
| HitBTC | SOL/BTC | B |
| huobikorea | SOL/BTC | B |
| bithumbglobal | SOL/BTC | B |
Exchanges that allow SOL/BTC trading
| Exchange | Trade Pair | Exchange Grade |
|---|---|---|
| HuobiPro | SOL/ETH | A |
| OKEX | SOL/ETH | BB |
| huobikorea | SOL/ETH | B |
