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Solana Price Prediction 2022–2025
Solana has been a popular with cryptocurrency investors as the market expands, with inflows exceeding $50 million last month. Even better, the cryptocurrency has made it into the top 10 list of digital assets.
Since the beginning of 2021, Solana has been on a strong bullish trend. However, the network recently had a network failure, resulting in a large sell-off from investors, which mostly contributed to the current price drop, though it appears to be recovering.
This price forecast will look at what analysts believe the Solana price will be in the future months and years.
What is Solana?
Solana blockchain (also known as Solana protocol) was created to compete with Ethereum blockchain, which is responsible for the current revolution, particularly with its smart contract technology, which must continue to advance in order to enable the inventions of decentralized finance (DeFi), non-fungible tokens (NFTs), decentralized applications (DApps), and all the other concepts that go along with them, such as yield farming, liquidity mining, staking, and so on.
Solana is already accomplishing its mission as more and more individuals use bitcoin. SOL, the company’s native token, is now worth around $132.36, up 60135.08% from its launch price.