As we gear up for the turn of the year, the crypto world is buzzing with anticipation, especially around Solana (SOL), currently holding its ground as the sixth-largest crypto. Let's dive into the insights from finance experts:
1. Nathan Jacobs, The Money Mongers:
Senior Researcher Nathan Jacobs brings an air of optimism, foreseeing Solana reaching for the stars at an impressive $250-$300 range. His confidence is rooted in Solana's tech prowess, particularly its allure for the DeFi and NFT scenes.
2. ⚖️ Derek Rodriguez, Gridlock CEO:
Taking a more measured stance, Derek Rodriguez, founder of Gridlock, predicts Solana at $100 early in 2024. He envisions a climb to resistance, a subsequent dip to the mid to low $60s, and a subsequent surge beyond $200 later in the year.
3. Muhammad Abdulrazak, Asic Jungle Head of Marketing:
Joining the chorus of optimism, Mohamad Abdulrazak sees Solana's potential skyrocketing to $270 or even higher. He emphasizes Solana's competition with Ethereum, suggesting significant growth as it captures more of the dApps market.
Solana's Current Standing:
As of the latest data on November 20, Solana is priced at $60.24, reflecting a 0.34% increase in the last 24 hours, a 4.44% uptick in the past week, and an impressive 106.04% surge over the past month. The momentum is undeniably strong.
2024 Outlook:
Against the backdrop of ARK Invest's CEO Cathie Wood commending Solana's speed and cost-effectiveness in a recent CNBC interview, all signs point to Solana's success as we step into 2024.
✨ Get ready for a thrilling ride with Solana! Follow the journey with #Solana2024 and stay tuned for crypto's next chapter!
NFA DYOR
