What Awaits Solana After Bitcoin Halving: Investors Attention, These Levels Are Possible!

0

solanais considered a cryptocurrency that stands out as a pioneer of current market trends. Its impressive recent market takeover is notable for its excellent price performance.

BitcoinWith ‘s reaching all-time highs, the altcoin market has revived and the coins’ values ​​have climbed to new highs. However, Solana’s price performance has been particularly notable. This is associated with a strong rise, supported by significant increases in projects in the developing ecosystem.

According to CoinGecko data, Solana’s SOL token experienced a 40% increase in value last month. Currently, SOL is trading at $188.48, up 2% in the last 24 hours.

With Bitcoin’s halving event approaching, Solana appears poised to gain reliable market momentum. In this case, it is a matter of curiosity how much Solana can earn after this incident.

Solana Price Prediction After Bitcoin Halving

Bitcoin’s upcoming halving is on the agenda with rumors that it could support the prices of leading coins. However, it is stated that this event may cause a slight fluctuation in the price of Bitcoin. This could be seen before reaching a new all-time high. It is also noted that similar events have drawn investors’ attention to other leading altcoins and increased expectations.

While Bitcoin Halving is planned to take place on April 21, it is possible that Solana will also experience a significant price increase. According to CoinCodex, Solana is likely to surge a significant 99% by April 22. The platform also thinks that Solana may experience an increase of up to 230% by May 2. Additionally, he predicts that its price may reach the $620 level.

Another like Changelly crypto- The analysis platform also predicts that SOL may gain 121% in value by April 22 and its price may stabilize at $421. Additionally, based on SOL’s price fluctuations in early 2023, an average SOL rate of $412.18 is expected in April 2024. In this case, the minimum and maximum prices are likely to be $189.46 and $634.89 respectively.

April is being called an important month for Solana as the blockchain prepares for new token launches. Solana has a long queue of airdrop token launches planned to take place in April, thus keeping the prospects positive for the entire ecosystem. increases.


source site-8