SOL to $1k within the next 5 years - page 2.

Popkon6

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Quote from: Abiky on October 28, 2024, 03:59:07 PM

Solana, the blockchain that was once criticized of its unreliability, is poised to reach $1k within the next years. At least, that's my prediction. The reason for this is because Solana is quickly becoming the #1 hub for "meme" coins, airdrops, and all things "De-Fi". It's been taking away ETH's market share at a fast pace. Not to mention, Jump Crypto is working on a new node implementation (Firedancer) which aims to fix the network outages once and for all. For the first time, Solana can become a reliable blockchain for payments just like Ethereum. It will rise all the way to glory. A Trump win in the US, will further boost market prices to the moon.

What do you think? Is $1k a possibility within the not-so-distant future? If not, why? Your input will be greatly appreciated. Thanks.

If Solana thinks it is possible for the coin to become 1k dollars then other coins will have to increase by 10 times. At the moment Bitcoin pumping to the highest price will cause other coins to hit the highest price, but I think this could also be possible in the bull market of the second halving from the current time (but until approximately 2032) period.
If I discuss the price of Solana coin, it must have been dumped once and went to a very low level. And from there, it's accelerated to the highest speed at the moment, so if we wait a few years into the future, I think it's definitely possible that it will be 1k dollars.

Abiky

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Quote from: Text on October 29, 2024, 06:55:30 AM

That's an interesting take on Solana's future. It's definitely seen significant growth and innovation but I'm a bit more cautious about the $1k prediction within the next 5 years.

While Solana has made strides in improving its network reliability, it still faces challenges related to scalability and transaction fees during peak usage. The success of Firedancer will be crucial in addressing these issues.

A potential Trump win could certainly impact market sentiment, but it's hard to predict the exact magnitude of its influence on Solana's price.

Is that why there's a L2 blockchain in the works? To help address Solana's scaling issues? That's odd, considering that Solana has ample transaction capacity. It's 10x better than ETH and even BSC (performance-wise). The only issue would be the network outages. But if you mean Solana getting clogged by "meme" coins, then yes, that's bound to happen sooner or later. Developers need to keep working on the main Blockchain (L1) to help solve scaling issues.

Speaking of SOL's long-term price, I'm confident it will reach $1k sometime in the future. A Trump win will accelerate this by a large margin. What needs to happen first is for BTC to reach $100k. Then we can talk about altcoins reaching a new ATH in price. It's an uncertain market, so expect the unexpected.

jaberwock

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Quote from: X-ray on October 29, 2024, 08:16:43 PM

Honestly, back then I thought current solana price is already too overvalued since early phase of bullrun we start with solana from the price of $20 all the way to almost $200 but I guess I was wrong, knowing that so many people actually sold their ETH and convert it to SOL, i know for a fact that SOL can easily overtake ETH position at some point and might reaches $1000 in price.

just see ETH price, lags behind so much compared to BTC and SOL, a proof that ETH is starting to get faded by some people.

ETH is cooked

Sorry to say this but I think those who think like that are the people who underestimate a crypto. I'm still aware that there are people who are overconfident even if the crypto that they are dealing with is only just a meme coin or any other sh8t/low quality coin. Ethereum is much better than Solana so it is not a wise move to trade our ETH with SOL, except only if we are already in profit and we are only re-investing again using some of those profits. With what I said earlier, there is obviously no way that Solana can overtake Ethereum.

There are even better coins out there than SOL and even them still fails of overtaking ETH. Ethereum isn't lagging but it is only more stable and of course Ethereum is not comparable to Bitcoin. Solana might be more active and makes some gains from time to time but I bet those are only small and not enough to shake Ethereum.

There is no way Ethereum will fade away even if let say not for investment but only for use cases because it still can regularly get a demand from the public. You mentioned the word cooked there but I think its other meaning is shady. Some says that Ethereum is shady, so maybe you are still right when you say that ETH is cooked.

?

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Quote from: btc78 on October 29, 2024, 09:51:04 PM

Quote from: Abiky on October 28, 2024, 03:59:07 PM

Solana, the blockchain that was once criticized of its unreliability, is poised to reach $1k within the next years. At least, that's my prediction. The reason for this is because Solana is quickly becoming the #1 hub for "meme" coins, airdrops, and all things "De-Fi". It's been taking away ETH's market share at a fast pace. Not to mention, Jump Crypto is working on a new node implementation (Firedancer) which aims to fix the network outages once and for all. For the first time, Solana can become a reliable blockchain for payments just like Ethereum. It will rise all the way to glory. A Trump win in the US, will further boost market prices to the moon.

What do you think? Is $1k a possibility within the not-so-distant future? If not, why? Your input will be greatly appreciated. Thanks.

Standing almost 300 dollars now?

https://coinmarketcap.com/currencies/solana/

no wonder in the next halving this will take its break hitting 4 digits.

Almost 300 hundred... Didn't see it like that on the chart, but ,I do think the SOL will eventually reach four digits, and go beyond Grin

btc78

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Quote from: Abiky on October 28, 2024, 03:59:07 PM

Solana, the blockchain that was once criticized of its unreliability, is poised to reach $1k within the next years. At least, that's my prediction. The reason for this is because Solana is quickly becoming the #1 hub for "meme" coins, airdrops, and all things "De-Fi". It's been taking away ETH's market share at a fast pace. Not to mention, Jump Crypto is working on a new node implementation (Firedancer) which aims to fix the network outages once and for all. For the first time, Solana can become a reliable blockchain for payments just like Ethereum. It will rise all the way to glory. A Trump win in the US, will further boost market prices to the moon.

What do you think? Is $1k a possibility within the not-so-distant future? If not, why? Your input will be greatly appreciated. Thanks.

Standing almost 300 dollars now?

https://coinmarketcap.com/currencies/solana/

no wonder in the next halving this will take its break hitting 4 digits.

X-ray

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Honestly, back then I thought current solana price is already too overvalued since early phase of bullrun we start with solana from the price of $20 all the way to almost $200 but I guess I was wrong, knowing that so many people actually sold their ETH and convert it to SOL, i know for a fact that SOL can easily overtake ETH position at some point and might reaches $1000 in price.

just see ETH price, lags behind so much compared to BTC and SOL, a proof that ETH is starting to get faded by some people.

ETH is cooked

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The price of the Sol token must be one dollar, as the total supply of this token is very low. Today's massive investors are in this platform, in the past all the markets went into complete dumping for the Luna token to be destroyed from the market in late 2022. And the price of this Solana token went to $9, and recovered from there within a few days before it returned to $192. So it will more than likely be $1000 in five years

$crypto$

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$1000 for Solana in the next 5 years, I don't think that means it's like one more cycle for bitcoin then it needs another 3-4x increase for Solana to reach $1000, Yeah it could happen with the development of their ecosystem now continues to grow where investors take advantage of the low cost in scalability.

I just think when Sol is at $1000 then ETH should be over $6000 or bitcoin is much higher, but we never know how far it can go? Maybe in the past 1 year Solana has grown significantly if you look at the annual chart.

?

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Quote from: Text on October 29, 2024, 06:55:30 AM

That's an interesting take on Solana's future. It's definitely seen significant growth and innovation but I'm a bit more cautious about the $1k prediction within the next 5 years.

While Solana has made strides in improving its network reliability, it still faces challenges related to scalability and transaction fees during peak usage. The success of Firedancer will be crucial in addressing these issues.

A potential Trump win could certainly impact market sentiment, but it's hard to predict the exact magnitude of its influence on Solana's price.

I do think that it will rise up to 1k and even correlate afterward Grin

5 years is too big of a span to speculate about it, but, I think SOL has a bright future.

Text

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That's an interesting take on Solana's future. It's definitely seen significant growth and innovation but I'm a bit more cautious about the $1k prediction within the next 5 years.

While Solana has made strides in improving its network reliability, it still faces challenges related to scalability and transaction fees during peak usage. The success of Firedancer will be crucial in addressing these issues.

A potential Trump win could certainly impact market sentiment, but it's hard to predict the exact magnitude of its influence on Solana's price.

Charles-Tim

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Quote from: ? on October 29, 2024, 02:33:55 AM

Not to the $1000 department, but $500-$600, sure, it would be great, if SOL continues to deliver Grin

Even we do not know if solana will get to $600. Do you know one thing about these altcoins, you will see them have good years but suddenly you will noticed that people have dumped them for other coins. Buterin which is on of the ethereum founders talked good about Solana at the end of 2022 when it was about to collapse and got to $8 at the time, it start bull run after that time and increased so significantly.

But I do not think solana can get to $500 in this bull market. And if bear market comes, it may fall so much below $100. If it falls, what makes us think that the coin will not later be left for another coin. Even its meme popularity can be left as people move to another altcoins that is becoming popular at the time in two or three years from now.

Quote from: betswift on October 29, 2024, 04:35:33 AM

I do hope for ETH and Sol to deliver during this Bullrun, but I don't see them going to such an extent.
Only if the rally for BTC continues and evolves into it reaching 100k and more.

They will surely increase but it would likely not be as some people expected. Also we should be careful of bear market. Especially the solana because it is more volatile.

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Quote from: Charles-Tim on October 29, 2024, 01:30:52 AM

Ethereum all-time high was $4870, but it is now at $2620 when bitcoin gotten to all-time high, fell and not able to get to all-time high again. If people should have predicted the price of ethereum in the past that what would be the price of ethereum when bitcoin will get to almost $75000, people will predict that ethereum will be above $5000 by the time, but it is almost 2 times lower than that price now. So if solana later disappoints people, it will not surprise me. I do not think solana price will get to $1000 in the next five years.

I do hope for ETH and Sol to deliver during this Bullrun, but I don't see them going to such an extent.
Only if the rally for BTC continues and evolves into it reaching 100k and more.

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Quote from: mich on October 29, 2024, 12:36:00 AM

Well I do hodl some SOL in my portfolio so I do hope you are right about that. Price of 1 token is now $182 but I think we are now starting a 'bull run' so it maybe will become more then that.
It is up more then 100 percent in just the last 10 months. And it is still third biggest smart contract platform only next to Eth and the BNB chain. I do think what you are saying can occur.

Me too.
Not to the $1000 department, but $500-$600, sure, it would be great, if SOL continues to deliver Grin

Charles-Tim

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Ethereum all-time high was $4870, but it is now at $2620 when bitcoin gotten to all-time high, fell and not able to get to all-time high again. If people should have predicted the price of ethereum in the past that what would be the price of ethereum when bitcoin will get to almost $75000, people will predict that ethereum will be above $5000 by the time, but it is almost 2 times lower than that price now. So if solana later disappoints people, it will not surprise me. I do not think solana price will get to $1000 in the next five years.

mich

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Well I do hodl some SOL in my portfolio so I do hope you are right about that. Price of 1 token is now $182 but I think we are now starting a 'bull run' so it maybe will become more then that.
It is up more then 100 percent in just the last 10 months. And it is still third biggest smart contract platform only next to Eth and the BNB chain. I do think what you are saying can occur.

Abiky

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Solana, the blockchain that was once criticized of its unreliability, is poised to reach $1k within the next years. At least, that's my prediction. The reason for this is because Solana is quickly becoming the #1 hub for "meme" coins, airdrops, and all things "De-Fi". It's been taking away ETH's market share at a fast pace. Not to mention, Jump Crypto is working on a new node implementation (Firedancer) which aims to fix the network outages once and for all. For the first time, Solana can become a reliable blockchain for payments just like Ethereum. It will rise all the way to glory. A Trump win in the US, will further boost market prices to the moon.

What do you think? Is $1k a possibility within the not-so-distant future? If not, why? Your input will be greatly appreciated. Thanks.

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