Solana runs on a blockchain with lightning-speed, cost-efficient transactions. While most majors are looking bearish, Solana is a clear winner in the top 10 and even the top 5. Should you buy SOL today? Read on to find out.
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What is SOL?
Solana is a highly functional open source project that provides decentralized finance (DeFi) solutions using blockchain technology’s permissionless nature. Its protocol is designed to facilitate decentralized app (DApp) creation. Solana aims to improve scalability by combining the blockchain’s underlying proof-of-stake (PoS) consensus with a novel proof-of-history (PoH) consensus.
Should I buy SOL today?
Solana is looking bullish both short and long term, so it might be a good idea to buy today.
SOL price prediction
Coin Price Forecast predicts that in mid-2022, the price of SOL will reach $855. By the end of the year, it will have gone up to $958. By mid-2023, they estimate it will change hands for $1,617and for $2,555 by the end of the year. In mid-2024, it will be trading for $3,790. By the end of the year, it will have gone all the way up to $4,481.
SOL on social media
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