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December 9, 2022
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Some strategists say Solana could hit $5,000 by 2030

The Finder, a product comparison site, published a survey on what Solana’s value will be in 2025 and 2030. search, the value of the rival Ethereum can reach the level of $1,100 and $5,000, respectively.

Solana Price in 2021

The survey, which had 50 cryptocurrency experts from fintech and the crypto world as panelists, asked what the asset’s value would be at the end of the year in 2025, and what its price would be over the next decade.

One of the panelists, Joshua Fraser, co-founder of Origin Protocol predicted that Solana’s year-end price would be $250 and that the asset would eventually become a viable competitor and alternative to the second largest cryptocurrency asset by the value of market, Ethereum.

As Joshua said:

Solana will be the most important alternative to Ethereum and Ethereum layer 2s in DeFi hosting. This is a big market to capture and the SOL price may reflect this.

Another speaker, Gavin Smith, the general partner of Panxora Crypto, echoed Fraser’s prediction that its value would end the year at $250.

Interestingly, Solana, in the last 24 hours, has seen her price reach $250 and there are indications that the value of the asset may exceed this amount before the end of the year.

Solana’s value in a decade

As to what the asset’s price would be in 2025, Finder panel members seem to agree that the asset’s value would have crossed the $1k mark to trade at $1,178 by then. They also believe SOL could reach upwards of $5,000 by the end of 2030.

However, panel members stated that the recent DDoS attack suffered by Solana, who took the network offline for a while, could pose a challenge in the future.

According to the survey, 40% of respondents believe this could be a problem for the network in the future, Jonathon Miller, the managing director of Kraken Australia, said that “trust in L1 blockchains is critical and SOL doesn’t have that trust rating.

Source: CryptoSlate

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