Solana just reached $80! - EDIT: Now $110+ - page 7.

Kelward

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Quote from: BitMaxz on December 20, 2023, 02:03:36 PM

Like the above said it's due to new events and projects. Not just that, the upcoming Bitcoin event called block halving is also contributing to why Solana has increased its price for almost 2/3 months now.

But that's not the final price this year just my guess it would reach around $112 before the end of this month and it would drop slowly before the end of January.

A good news for Solana investors, months back it wasn't celebrated like this, I hear it's pump is due to recent events of their team innovations and partnership. Again Bitcoin halving and bull run impacts many top altcoins too, because investors will be willing to also pump money into them.

Better a top altcoin like Solana, that we're sure that it'll pump back after it's bearish season than a new project that we're not certain whether it'll turn to shitcoin.

AnonBitCoiner

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Solana is getting success day by day and these days the market is green and every coin shows a boost in its rate. As bitcoin is going to enlarge in price so all altcoins are also following the alike influence as they are contingent on bitcoin for decrease and increase. I think the Airdrop of JITO played a well role in the increasing price of Solana and it is assumed that in no time Solana will pump more than current worth.

In past Solana crossed the value of 200$ and now it is again going to return back to that enhanced worth because in few months it surge to the value of 85$ which is quite a huge gain for all Solana holders. There is a greater chance that in these 10 or 9 days Solana will reaches to the value of 100$ and may be in coming halving it again grasp the value of 200$.

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Quote from: BabyBandit on December 20, 2023, 01:09:07 PM

wow! Solana just reached over $80! Of course it will dip down again but I think it will reach even higher and stabilize over $80 and even more, i was shocked when it was up to $70 and even $60 and now $80.
This year Solana have reached 557.1% November 2021 Solana reached it's all time high $259,96. Do you guys think it's possible for Solana to reach a new all time high again?

I hope I didn't jix it now and Solana will go down 50% next 24 hours. Grin

https://www.coingecko.com/sv/coins/solana

EDIT: Maybe worth adding. I bought Solana when it was at $20 and then I bought more when it was at $30. All Solana I have i staked. What do you think about staking if your plan is to hold long term?

I don’t think staking is a good idea due to the risks involved for a relatively low reward. Solana absolutely can & probably will make new all time highs though. Just HODL for 12-18 months & I think you will be pleasantoy surprised & handsomely rewarded.

Obim34

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Quote from: Bureau on December 20, 2023, 01:25:09 PM

Did you check Solana price in 2021? It was way above $80, it was some where around $200 if I am correct. The reason why it is pumping is because of two projects under it's ecosystem. It will pump more as it is coming up with more projects within its ecosystem in the future. Take a look at Avalanche before anyone comes to a conclusion about Solana. It is pumping in the same manner if I am rightfully to say it.

Solana still has a long way to come up with their price because they are far below their last All Time High.
Solana has very good potentials and it will take some time to make better composure from their marketing and development team.
Everyone who has the opportunity to buy Solana should do so as we expect a pump if not sooner but In time to come, Solana remains outstanding among most Altcoins it took a lot of work to get this far and certainly they will reach an All Time High.

btc78

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Quote from: BabyBandit on December 20, 2023, 01:09:07 PM

EDIT: Maybe worth adding. I bought Solana when it was at $20 and then I bought more when it was at $30. All Solana I have i staked. What do you think about staking if your plan is to hold long term?

i do think that staking possess some benefits and advantages i might even be interested in doing staking myself based on the information i have gathered from researching about it i know that it’s quite more complex and needs extra attention compared to hodling

i see that staking definitely helps a coin maintain stability even when it’s in bearish market and because of solana’s other projects that are also showing good potential its price will definitely go up more considering the upcoming halving of bitcoin

Bureau

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Quote from: ice18 on December 21, 2023, 12:54:54 AM

I remember the last few months I was trading at $14 and up at $21 how I wish I did not close it very early, I should have huge profit right now seems SOL price pumped too crazy a lot of hype going on. It can nearly break another resistance at 3 digits, watch out boys.

Yeah, you are right a few months back it was trading at a very low price but now it is pumping. If anyone had made a significant investment into it at that time then they would have made a good amount of return on their investment today. It will break its own ATH after the halving gets completed and the bull market returns. It has been pumping because there have been a lot of developments that are happening in its ecosystem.

bangjoe

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Previously doubted Solana when FTX experienced a decline because as far as I know FTX is a big holder of Solana and I thought they would withdraw their Solana to pay their creditors or customers.

I think if this happens it will cause a bigger dump on Solana, and it seems that to this day this has not been done, instead Solana has become a concern again in the blockchain realm, new projects have emerged and have enough potential so that many investors are returning to Solana in the future, problems are going down again or not, I think it will temporarily fall again and will increase again in the next altseason.

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Quote from: BabyBandit on December 20, 2023, 01:09:07 PM

wow! Solana just reached over $80! Of course it will dip down again but I think it will reach even higher and stabilize over $80 and even more, i was shocked when it was up to $70 and even $60 and now $80.
This year Solana have reached 557.1% November 2021 Solana reached it's all time high $259,96. Do you guys think it's possible for Solana to reach a new all time high again?

In the world of cryptography currency everything is possible. I think in 2021 you speak of solana all time high, was also when bitcoin was also high and I think before bitcoin will climb it's ATH I believe other altcoins which had higher value and drop as bitcoin, will resurrect alongside with bitcoin.

Checking from cryptographic analysis you would have noticed that all altcoin that was low in value have started gradually growing with bitcoin. Because bitcoin is there subsidiary and whatever happens to bitcoin also affects them. So I believe most altcoin will go back to its original state just as bitcoin is also going back.

ice18

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I remember the last few months I was trading at $14 and tp at $21 how I wish I did not close it very early, I should have huge profit right now seems SOL price pumped too crazy a lot of hype going on. It can nearly break another resistance at 3 digits, watch out boys.

Johnyz

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Slowly but surely, SOL is making its big recovery from a big dump and this is already a sign of a good fundamental if this project. We’re still far from peak yes but the good thing here is that, we are already seeing a good recovery. We might see the new ATH of SOL in the next few Months and its possible to happen especially now that they are more competitive and many investors sees its true value already.

Belarge

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Quote from: Bureau on December 20, 2023, 01:25:09 PM

Did you check Solana price in 2021? It was way above $80, it was some where around $200 if I am correct. The reason why it is pumping is because of two projects under it's ecosystem. It will pump more as it is coming up with more projects within its ecosystem in the future. Take a look at Avalanche before anyone comes to a conclusion about Solana. It is pumping in the same manner if I am rightfully to say it.

The system is not easy and smoothly running as everyone could possibly think because there's golden opportunities to take for the purpose to explore in the market. This pumping of solana is merely a trick to entrapped most investors into thinking about the project. For me, I'm not investing, probably not now because I've this feeling about the project pumping when the bull season finally arrives. This is just the scratch of the bull surface compare to what will be happening when it finally comes. This is just a message signal that we should listen to, I'm not backing down other than formulating my tactics in the market.

jacafbiz

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Never in doubt, a lot of people faded Solano, especially the Ethereum gang, Solano and Avax have both outperformed Ethereum, and we see the founder dumping Ethereum on people. I am glad for the comeback of Solano and I hope the team will continue to keep this up, if they can sustain the momentum to next bull run, I think Solano has a shot to be the true Ethereum killer

ajiz138

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The highest I saw was $83 but with the current price of $80 it is already quite high and there will be many Solana holders who say they can reach ATH before actually this is not sure but with the project and ecosystem that continues to grow rapidly it is possible that it will happen, who knows?

I agree with some of the words above behind the pumping reason there are so many new projects that come with the ecosystem, the community is told to have solana and trade or bridge in various ecosystems, so it's like an explosion slowly but Solana continues to rise until now.

goaldigger

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Quote from: criptoevangelista on December 20, 2023, 04:31:16 PM

And to think it was 8 dollars during the FTX crisis. I thought the currency had lost its fundamentals and was going to 0.00.

Despite being directly involved with FTX, she has shown herself to be strong and resilient.

This is how good SOL is and lucky to those who invest with SOL during those crisis.
Well, it is still far from its ATH but once the market continues to pump, I’m pretty sure that SOL will continue to benefit from this bull market and I can still say that its not too late yet to get more SOL, the peak is yet to come.

criptoevangelista

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And to think it was 8 dollars during the FTX crisis. I thought the currency had lost its fundamentals and was going to 0.00.

Despite being directly involved with FTX, she has shown herself to be strong and resilient.

batang_bitcoin

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Quote from: BabyBandit on December 20, 2023, 01:09:07 PM

wow! Solana just reached over $80! Of course it will dip down again but I think it will reach even higher and stabilize over $80 and even more, i was shocked when it was up to $70 and even $60 and now $80.
This year Solana have reached 557.1% November 2021 Solana reached it's all time high $259,96. Do you guys think it's possible for Solana to reach a new all time high again?

I hope I didn't jix it now and Solana will go down 50% next 24 hours. Grin

https://www.coingecko.com/sv/coins/solana

Yes and just as Bitcoin hits $44k. While it is not the first time to see Solana reach $80 because it's higher in the past for its ATH. But I am impress on how low it was and how it is doing right now. I have believed that majority of the altcoins that have been into its former ATH will have hard going back there. And with solana, it's way different from those altcoins that I know will have hard time going back there because its progress to be back there is fast.

Churchillvv

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Quote from: Bureau on December 20, 2023, 01:25:09 PM

Did you check Solana price in 2021? It was way above $80, it was some where around $200 if I am correct.

If anyone is to be question then it's you and not the OP because your question here shows that you didn't read through the post thoroughly before making your response. OP already mention the 2021 case of Solana here below

Quote

November 2021 Solana reached it's all time high $259,96.

According to Solana there are three reason for its pump, one of the reason are
Solana's been scoring some big partnerships recently – case in point, they hooked up with Shopify so merchants can accept crypto payments quickly and cheaply using SOL.
Bitmarxz is also not wrong because when there is halving around the corner all tokens and coins seems to appreciate in value.

[Source]

BabyBandit

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Quote from: Bureau on December 20, 2023, 01:25:09 PM

Did you check Solana price in 2021? It was way above $80, it was some where around $200 if I am correct. The reason why it is pumping is because of two projects under it's ecosystem. It will pump more as it is coming up with more projects within its ecosystem in the future. Take a look at Avalanche before anyone comes to a conclusion about Solana. It is pumping in the same manner if I am rightfully to say it.

I bought my first Solana less then a year ago so I didn't even know Solana existed 2021 Grin

My information in the OP come form https://www.coingecko.com/sv/coins/solana

Quote from: BitMaxz on December 20, 2023, 02:03:36 PM

Like the above said it's due to new events and projects. Not just that, the upcoming Bitcoin event called block halving is also contributing to why Solana has increased its price for almost 2/3 months now.

But that's not the final price this year just my guess it would reach around $112 before the end of this month and it would drop slowly before the end of January.

This is very very very good information. I know you just predict because nobody can be 100% accurate but I really appreciate this post!

Sophokles

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Solana team have one of the best marketing department in the industry. They reclaim their reputation which has been lost due to its connection with ftx and Alameda. Their release of the smart phone and airdrop related to it create the hype. Also some airdrop announcement of its ecosystem project also provoke airdrop farmer to buy sol from the market which shoot the price of sol upward.

Essential10

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Quote from: BabyBandit on December 20, 2023, 01:09:07 PM

wow! Solana just reached over $80! Of course it will dip down again but I think it will reach even higher and stabilize over $80 and even more, i was shocked when it was up to $70 and even $60 and now $80.
This year Solana have reached 557.1% November 2021 Solana reached it's all time high $259,96. Do you guys think it's possible for Solana to reach a new all time high again?

I hope I didn't jix it now and Solana will go down 50% next 24 hours.

Next 24 hours Solana's future is hard to predict. Many altcoins, including Ethereum, are showing quite a bit of a pump as the price of Bitcoin rises, currently Solana has shown a mild pump. I don't think Solana will get into a price hike scenario. But neither you nor I can say out loud whether it will be a good future investment. However, in my opinion there may be some short-term bearish pressure on SOL prices in the near future, but the overall market sentiment is still bullish on Solana. Investors should monitor the market closely and consider potential buying opportunities as prices fall.

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