Solana The DeFi, NFT and Web3 market have seen significant growth since the company’s inception in April of 2019. Solana is currently developing a number of projects, and more are expected in the near future.
According to Solana’s official website’s information, their main proposition is that they offer low-cost transaction fees indefinitely. The blockchain network is directly in competition with Ethereum. Solana’s price had surpassed $200 following a long-term downward trend. SOL, however, has fallen in recent market bearish trends.
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SOL, however, has remained stable despite the changing market conditions. SOL, according to recent market data, is currently trading at $157. This represents a 1,8% increase in value within the past 24 hours. The cryptocurrency market is volatile. We have predicted the price of Solana for May.
Solana can he reach a new ATH by May?
The price movement of Solana’s SOL in May will depend on a variety of factors such as the market, prices, changes in supply, demand, and other use cases.
Experts at Crypto experts have predicted that cryptocurrency will be a major player in 2024 based on the behavior of its currency at the beginning of this year. Changelly Price predictions for Solana SOL in May. SOL will be priced at $153.27 minimum and $183.14 maximum for the time period.
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SOL is expected to average $168, according to experts. Experts at Changelly predict that SOL’s price will not reach its record high of $260 in May. The entire forecast could, however, depend on market sentiment.
According to CoinGecko, SOL has increased by 13.4% over the past seven days. It is down 17.2% for the last thirty days. data.
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Source: watcher.guru