Solana Skyrockets Over 180% in one month

Solana Skyrockets Over 180% in one month

By KMatt | Blogging Crypto | 13 Nov 2023


In just 30 days Solana gave its investors a huge +180%, reaching the highest levels of the last 17 months (around $62).

Solana appears to have returned to the good health that predicted FTX's collapse.

Great credit must certainly be attributed to the Solana community and the developers who continued to support it even in the darkest times.

Furthermore, it is worth mentioning some fundamental partnerships established by Solana, including Amazon, Google Cloud, Circle, Avalanche (AVAX), OpenSea the largest NFT marketplace, Deutsche Telekom one of the main telecommunications operators in Europe and others.

Finally, some major market analysts predicted that Solana's price would skyrocket.

Willy Woo, Michäel van de Poppe and Benjamin Cowen, already a few months ago, predicted that the price of Solana would at least reach $50/60, ending with Jacob Canfield who on X, after a careful analysis which I recommend reading (link at the end of the article 1*), argues that Solana has the potential to reach $1,000 in the long term and take second place in marketcap to Ethereum, Solana's real rival.

Despite the problems that the blockchain has had with scalability and security and the fact that we are in an extremely volatile market, Solana's prospects are positive and its blockchain has the potential to become one of the main and most used in the future.

 

1* https://twitter.com/JacobCanfield/status/1722664226982945007?t=2RpaiLDDBueYkl8iL9Q0wA&s=19

 

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KMatt
KMatt

Welcome to my blog <3 I love playing videogames, interested in crypto, support #lgbtqi+ and human rights


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