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On Tuesday, Finder, a price comparison portal, provided updates on its Solana price prediction. Finder uses weekly and quarterly surveys to predict the price of SOL price. The firm noted that their quarterly surveys were conducted last in July 2022. A panel consisting of 54 industry experts shared their thoughts on the performance of Solana in the coming decade.
According to the panel, the price of Solana (SOL) will reach $45 by the year-end. In 2025, SOL will be worth around $166, shared Finder. Moreover, the panel predicts the price of one of the top altcoins will reach $512 by 2030.
In comparison to earlier predictions, the panel expects the price of SOL to be more bearish in July looking at their prediction for 2030 and 2025. In January, the experts said SOL will reach $222 by 2022-end, $486 in 2025, and $1,267 in 2030.
One of the experts on the panel, Gavin Smith, Panxora Hedge Fund’s general partner, looked more positive about the future of Solana than his fellow experts. As per his prediction, the price of SOL will touch the mark of $76 this year. Smith argues that SOL is among the leading contenders in the smart contract blockchain space. Smith also talks about the possibility of Ethereum ‘The Merge’ failing miserably, in which case SOL will emerge as the main crypto asset in the crypto market. As of the press time, Solana (SOL) stood at $38.69, experiencing a decline of 5.23% in the past 24 hours.
In relation to power outages in Solana, Finder says the stability r explained that one of the major concerns in SOL is stability. It is because Solana is still deployed on the test net till the time its Solana Mainnet is launched. Solana mainnet is expected to stop the power outages.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
