Solana’s price prediction according to Finder on Tuesday. “Our larger quarterly survey, last conducted in July 2022, asks a panel of 54 industry experts for their thoughts on how Solana will perform over the next decade.”
Finder says, “Our panel thinks Solana will be worth $45 by the end of 2022 before rising to $166 by 2025.” The panel specified the price prediction and said SOL will increase to $512 by 2030.
The panel is significantly more bearish in July compared to previous predictions, with expectations for SOL to end 2025 at $166 and 2030 at $512. In contrast, experts predicted in January that SOL would reach $222 by the end of the year before rising to $486 in 2025 and $1,267 in 2030.
Gavin Smith, an expert on the panel and the partner of Panxora Hedge Fund, has a more positive view of Solana’s price prediction. Smith has hopes for Solana to reach $76 this year. In his words, “SOL is one of the leading contenders in the smart contract blockchain space. They are likely to be one of the chief beneficiaries if the Ethereum upgrades fail to deliver lower transaction fees.”
Solana is currently trading at $43.08, up 16% within seven days and 19% over 30 days. Regarding the power outages, Finder says, “Stability is one of the major concerns SOL is facing as it is still running on a testnet until the launch of the Solana Mainnet. While the Solana Mainnet will supposedly stop the power outages, our panel isn’t confident, with 69% saying they expect SOL to continue having power outages. Just 6% say that SOL will fix the issue.”
Finder explained, “The panel is relatively split on what people should do with SOL, with 40% saying now is the time to buy, 31% saying to hold, and 29% advocating selling.”
The panel that gave Solanas price prediction consists of university directors, executives from crypto exchanges, crypto research analysts, and executives from several firms with crypto-related products.
Finder’s experts have also recently predicted the future of various cryptocurrencies, including bitcoin (BTC), ether (ETH), and Cardano (ADA). Finder’s panel predicted the downfall of the meme cryptocurrency Shiba Inu in May. (SHIB).