The price of Solana’s native token SOL is not likely to move much higher this year, but still has a bright future when looking further ahead, a crypto industry panel surveyed by comparison website Finder.com has predicted.
According to an average of the panelists’ responses, SOL’s price will reach USD 45 by the end of this year, a price level seen as recently as Wednesday this week.
The neutral prediction stands in contrast to a far more bullish prediction for SOL’s year-end price from January, when the panel said USD 222 is a likely year-end price.
Among the more bearish panelists this time around was Kevin He, chief operating officer of fintech firm CloudTech Group, who opined that Solana is “not stable enough.”
“[I]t's not the first time we've seen Solana's network crash this year. More new projects and dapps will also be attracted by Ethereum's user base and abandon Solana after Ethereum completes its upgrade,” he said.
Meanwhile, commenting from a more bullish perspective, Alex...
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