Along with other major cryptocurrencies, Solana’s price also plummeted by more than 15%. The overall cryptocurrency market is down more than 16%, and the cumulative market cap slips below $1 trillion. Solana maintained its market capitalization rank despite higher trading volumes, i.e. the ninth position. As SOL trades in the red, along with the worst technicians, the overall outlook remains negative.
Solana is at the lowest level this year.
Ethereum is also at its lowest level. While Solana is struggling to compete with both Ethereum and Cardano, Ethereum is struggling with a decline in TVL after the lunar collapse in early May. Currently, Solana has very little support and could go even lower in the coming weeks.
Solana price forecast 2022: last 5 days and year-to-date performance
|Last 5 days||Ytd|
Solana Price Forecast 2022: Analysts’ Estimate
Most of the projections are rather conservative and take into account the performance so far this year and the likely scenario in the coming months. Solana has an additional problem of appeasing investors that she will no longer face hacks or network outages.
Solana Price Prediction 2022: Experts’ Prediction
|Average Solana Price Prediction 2022||13 June||$45|
|Price of Digitalcoin||June||$39|
Solana Price Prediction 2025
|Average Solana Price Prediction 2025||13 June||$82|
|Price of Digitalcoin||June||$67|
Solana Price Prediction 2030
|Average Solana Price Prediction 2030||13 June||$790|
|Price of Digitalcoin||June||$138|
SOL Price 2021
The year 2021 was the best year for Solana investors. The cryptocurrency was priced just under $0.5 on January 1, 2021, but at the end of the year Solana closed at over $170. In fact, Solana has been the choice of most websites as one of the best cryptocurrency investments in 2022.
How many Solana coins are there?
According to data from CoinmarketCap, there is no estimate regarding the maximum supply of Solana coins. However, currently, Solana’s circulating supply is 322,758,945. Solana’s total offer at the moment is 511,616,946.
Solana Price Forecast 2022: Historical Data To Support Solana’s Investments
|$0.83||April 10, 2020|
|ATH, $260.06||57 days|
Solana Cryptocurrency Price Prediction: Some Facts
- Solana is Ethereum’s best competitor due to its lightning fast speed and lower transaction fees.
- Solana can process over 50,000 transactions per second (TPS), while Ethereum can only be processed within a range of 15-45 TPS
- Solana uses a Proof-of-History consensus mechanism, an innovative approach that enables fast delivery times during transactions
- Solana is the third largest chain in terms of TVL, with a total value of $7.9 billion locked in the ecosystem
How to bet Solana?
Holders can earn rewards by betting their tokens. The more bets you bet, the more rewards you earn. SOL can be bet on cryptocurrency exchanges and wallets
Cryptocurrency exchanges that support SOL staking are
- Binance Car Hire
The wallets that support SOL staking are
- Phantom Wallet
- Mathematical portfolio
- Atomic Wallet
- Exodus Wallet