What will be the value of Solana (SOL) in 2040? These 3 crypto experts’ predictions for Solana’s price from 2022 to 2040!

Solana is one of the most popular blockchains fast in the world and has a market cap of $43 billion with over 67 billion transactions† The project has an impressive theoretical throughput of 65,000 transactions per second with almost zero costs.

Despite all his recent victories, Solana has not escaped her share of controversy in the crypto space. The project left the skeptic not sure if its amazing transaction speed is only possible because it waives the decentralization

What is Solana?

Solana is a functional open-source blockchain project that supports smart contracts, NFTs and various decentralized applications (DApps). Anatoly Yakovenko and Raj Gokal created the project in 2017 along with the native play Solana ($SOL).

Yakovenko has previous work experience in distributed systems design and worked for the high-tech company Qualcomm Incorporated (QCOM). His sense of the reliability of a clock for simplify network sync helped him create Solana.

Instead of Ethereum’s proof-of-work model, Solana uses a model of unique and innovative hybrid consensus that combines a proof of history (PoH) algorithm with a synchronization engine Ultra fast† This allows Solana to process theoretical more than 710,000 transactions per second (VATwithout the need for scaling solutions

Solana’s Neck Prognosis for 2022

Solana started the year at $172.8 but has become one of the worst performing crypto tokens in the past 5 days, dropping $SOL by nearly 10%. Indeed, since January, it has lost more than 32% of its value. At the time of writing, Solana costs $120.83.

Source: Trade View

Nevertheless, we expect $SOL reaches $175 before the end of the year, after which we would see a rally above $200. Other market analysts such as Crypto Fire further predict that Solana will end the year at $515.44

Solana Price Forecast in 2023

2023 may be 8 months away, but it’s not too early to predict Solana’s price direction. Some experts see $SOL with a promising 2023 and overcoming fringe effects as bullish at $400. In a contrary prediction, crypto market expert David Cox sees: a bearish future for Solana and thinks it will barely stay around $100 in 2023.

Read also Cardano Price Prediction: Will ADA Price Go 3X to $10 in 2022?

Solana Price Forecast for 2025

By 2025, the world will see an expansion of blockchain technology, mass adoption and growth of market capitalization of almost $2 trillion† Experts believe that such a bright future will have a positive effect on other major crypto projects, including Solana.

As such, we agree with some experts in setting our average Solana price prediction for 2025 in the $440-$470 range. Fintech journalist Jamie Redman has a big prediction that Solana will hit $1,100 by 2025. While that price may seem like a stretch, with $SOL and the volatile crypto market, it may not be. not very ambitious

Solana Price Forecast for 2030

According to Winklevoss Billionaires, bitcoin’s market cap will reach $9 trillion by 2030 and BTC will replace gold as a store of value. It’s a tough nut to crack. But if that happens, other big projects will surely increase, and Solana could eventually reach it the $1,000 threshold if he missed it in 2025 or later years.

Solana Price Forecast for 2040

As we have always maintained in our various crypto price predictions, it is: hard to have an accurate price prediction for the next 18 years. The reason for this is the ever-dynamic tech landscape that can influence the buying sentiment of crypto enthusiasts.

Nevertheless, Solana has proven to be a reliable store of value as it is a launch pad for various metaverse projects. We expect the blockchain to remain active until then, and if it does, our 2040 Solana price prediction will be between $2,000 and $3,000.

Conclusion

As always, it is nearly impossible to accurately determine the long-term exact prices of speculative assets like Solana. However, with this price forecasting article as your guide, you can get a glimpse of the potential experts see in $SOL in the coming decades.

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