The website finder.com, known for its surveys, published new survey data on Ethereum price predictions at the end of October. On November 1, Finder’s researchers asked respondents for their Solana price estimates and dates. Experts announced their forecasts for $235, $1,110 and $5,000 in Solana. we have cryptocoin.com We have summarized the things to keep in mind.
Solana expected to reach $1,178 by 2025
Throughout 2021, finder.com, an investing utility and product comparison site, took a look at a number of popular cryptocurrencies to explore what people think about future crypto prices. Finder researchers discussed price predictions for crypto giants such as Bitcoin (BTC), Ethereum ETH) and Litecoin (LTC). On November 1, the company surveyed 50 expert panelists on Solana (SOL), this time from the fintech and crypto industry. In the past, Solana price was testing the following levels.
Solana was the favorite altcoin project of 2021
Solana has seen a significant increase in its value and recently positioned itself as the fourth cryptocurrency on Nov. SOL’s current market cap is $69.93 billion, and over the past month, SOL has gained 43%. Year-to-date, SOL has grown by a whopping 16,930% and its market valuation manages 2.54% of the total value ($2.85 trillion) of the entire crypto economy. From Finder’s survey data, 50 expert panelists show they believe SOL will close the year at $235 per unit. Also, SOL is expected to rise to $1,178 by 2025, according to the fintech experts surveyed. By 2030, Finder’s panelists expect SOL to reach $5,056 per unit.
Commenting on the latest DDoS attack against Solana
51% of respondents believe Solana’s proof of the past (PoH) network will dominate the Ethereum network over time. However, 40% of experts said that Solana’s recent DDoS attack was a problem. While 51% say PoH could be “above” Ethereum, 26% say it won’t and the other 23% say they are not sure. Thomson Reuters technologist and futurist Joseph Raczynski thinks SOL will reach $250 by the end of the year.
“Although much more centralized, Solana may perform well for less financially significant asset tokenization projects,” Raczynski said in Finder’s survey. Raczynski also adds that he believes in Solana:
If you need lots of transactions but security isn’t important, Solana will finally come in handy.
Sagi Bakshi, CEO of Coinmama, said Solana’s DDoS attack is “indicative of a natural problem” and predicts that by 2030 SOL will be trading at $50 per unit. Bakshi tells Finder’s researchers:
I have no idea if Solana (SOL) will survive, at this point nothing can indicate that she will succeed.
Johannes Schweifer agrees with Solana comments
Johannes Schweifer, CEO of Coreledger AG, claimed that the recent DDoS attack against Solana (SOL) was just a “hiccup” and stressed that other cryptocurrency networks suffer from “similar teething issues”.
Ethereum has experienced similar attacks in the past… It went down in history as a hiccup. So will this past DDOS attack on Solana.
But in concluding the fintech experts’ comment on the survey, Morpher CEO Martin Froehler says Solana is sitting on the fence regarding its latest mainnet issue. Froehler also agreed with Schweifer, noting that it was a “hiccup”, but it “raised a much bigger fundamental problem with Solana: it emphasized decentralization.
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