Is Solana Dead? Bull Market Predictions for 2024

[Golden9]

After the collapse of FTX and the relationship between SBF and Solana was exploited, Solana crashed badly and many believed it will never see the light of the day.

Surprisingly, it has held strong around $20 for a few months, and recently, there's a lot of hype around it with predictions as high as $1,000 for the so called "Ethereum killer". Do you believe this is possible?

 

[Smalto]

I don't think solana is dead at the moment, it has practically made some people extremely wealthy recently, for people who had patience with the coin.

 

[Suba]

You think Solana will die and you predict Solana will be $1000, let's take a look: Solana's current price is $27.25. Whereas the price of Solana a year ago or on July 16, 2022 was $39.55 meaning there was a decrease of around $14.30. Whereas on Jan 1, 2023 the price of Solana was $9.98. ATH $260 was reached on Nov 06, 2021.Without using any predictions you can surmise whether Solana will be $1k in 2024.

 

[timewo]

Solana prices had increased to a great extent in the last month, and now they are decreasing slightly. For staking and simple earn solana offers 6% or more which is higher than other coins.

 

[Niyi Briggs]

You think Solana will die and you predict Solana will be $1000, let's take a look: Solana's current price is $27.25. Whereas the price of Solana a year ago or on July 16, 2022 was $39.55 meaning there was a decrease of around $14.30. Whereas on Jan 1, 2023 the price of Solana was $9.98. ATH $260 was reached on Nov 06, 2021.Without using any predictions you can surmise whether Solana will be $1k in 2024.

Solana would never get to $1k even in the he next three years. That is not to take anything from the fact that the coin has really tried to recover this year from the setback it had suffered.

 

[Suba]

Solana would never get to $1k even in the he next three years. That is not to take anything from the fact that the coin has really tried to recover this year from the setback it had suffered.

You are right, without having to use any analysis, just by looking at Solana's historical prices we can already predict, it is highly unlikely that Solana will be $1k for the next few years.

 

[Bisolami]

I don't think solana is dead at the moment, it has practically made some people extremely wealthy recently, for people who had patience with the coin.

Who knows if Solana is silently bringing up some strategies that they will reveal very soon and so many people even prefer Solana to others so I don't think it is dead

 

[eldavis]

One thing about crypto currency is that anything is possible. I have come to understand that no one can accurately predict which way crypto currency would go 100% so lets just watch and see where it goes.

 

[riberet19]

Solana has shown these days that it is not dead and that with a little news, it has risen to more than $31 these days, it still has a lot of ground to recover to its historical highs, but it is not dead by any means.