What will be the value of Solana (SOL) by 2040? Here are the predictions of 3 crypto experts for the price of Solana from 2022 to 2040!

Solana is one of the most popular blockchains fast in the world and has a market capitalization of 43 billion dollars with more than 67 billion transactions. The project boasts an impressive theoretical throughput of 65,000 transactions per second with near-zero fees.

However, despite all his recent victories, Solana hasn’t escaped her fair share of controversy in the crypto space. The project left the skeptics unsure if its amazing transaction speed is only possible because it forgoes the decentralization.

What is Solana?

Solana is a functional open-source blockchain project that supports smart contracts, NFTs, and several decentralized applications (DApps). Anatoly Yakovenko and Raj Gokal created the project in 2017 alongside native piece Solana ($SOL).

Yakovenko has previous work experience in distributed systems design, working for high-tech company Qualcomm Incorporated (QCOM). His awareness of the reliability of a clock for simplify network synchronization helped him create Solana.

Instead of proof-of-work template of Ethereum, Solana uses a model of unique and innovative hybrid consensus which combines an algorithm of proof of history (PoH) with a synchronization motor Ultra fast. This allows Solana to process theoretically more than 710,000 transactions per second (SPT) without the need for scaling solutions.

Solana’s neck forecast for 2022

Solana started the year at $172.8 but has become one of the worst performing crypto tokens over the past 5 days, with $SOL down almost 10%. Indeed, since January, it has lost more than 32% of its value. At press time, Solana is priced at $120.83.

Source: commercial view

Nevertheless, we expect $SOL reaches the $175 mark before the end of the yearafter which we would see a rally above $200. Other market analysts such as Crypto Fire further predict that Solana will end the year at $515.44.

Solana Price Prediction in 2023

2023 might be 8 months away, but it’s not too early to predict Solana’s price direction. Some experts see $SOL having a promising 2023 and overcoming marginal impacts to be bullish at $400. In an opposite forecast, crypto market expert David Cox you can a bearish future for Solana and thinks it will hardly stay at the $100 mark in 2023.

Solana Price Prediction for 2025

By 2025, the world will see an expansion of blockchain technology, mass adoption and market capitalization growth of nearly $2 trillion. Experts believe that such a favorable future will have a positive impact on other major crypto projects, including Solana.

As such, we agree with some experts in setting our average Solana price prediction for 2025 in the range of $440-$470. The fintech reporter Jamie Redman has a big prediction of Solana surpassing $1,100 by 2025. While this price may seem exaggerated, with $SOL and the volatile crypto market, it may not be not very ambitious.

Solana Price Prediction for 2030

According to Winklevoss billionaires , bitcoin’s market capitalization will reach $9 trillion in 2030, and BTC will replace gold as a store of value. It’s a tough nut to crack. But if that happens, other big projects will certainly increase, and Solana could eventually reach the $1,000 threshold if he missed it in 2025 or later years.

Solana Price Prediction for 2040

As we have always maintained in our various crypto price predictions, it is difficult to have an accurate price forecast for the next 18 years. The reason for this is the ever-dynamic tech landscape that can influence the buying sentiments of crypto enthusiasts.

Nonetheless, Solana has proven to be a reliable store of value, being a launchpad for several metaverse projects. We expect the blockchain to remain active until then, and if so, our Solana price prediction for 2040 will be between $2,000 and $3,000.

Conclusion

As always, it is almost impossible to accurately determine the exact prices of speculative assets like Solana over the long term. However, with this price prediction article as your guide, you can glimpse the potential that experts see in $SOL in the coming decades.

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