Solana Price Surges 550% in 2023 as Investors Regain Interest; Analysts See Up to 490% Upside By 2030
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Solana (SOL) price has surged 550% in 2023 as investors regain interest after the FTX fallout.
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According to VanEck analysts, SOL could reach $3,211 by 2030 in a bullish scenario based on market share gains.
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Even in a base case scenario, SOL is projected to hit $335 by 2030, a 490% increase from current prices.
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Other analysts also see upside for SOL, with price targets of $500 and $75 in the near-term.
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Solana is benefiting from its high throughput and scalability as blockchain adoption grows, though unlikely to surpass Ethereum.