Solana (SOL) Price Prediction 2025-30: Can SOL climb by over 1,2000% again

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Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject.

Solana (SOL), which is currently the ninth-largest cryptocurrency in the world, was founded more than two years ago. Solana is one of the first cryptocurrencies to implement the revolutionary proof-of-history (PoH) consensus method. Furthermore, it also employs the proof-of-stake (PoS) consensus method. 

Here’s AMBCrypto’s Price Prediction for Solana [SOL] for 2023-24

Solana has steadily developed into a formidable competitor to Ethereum in the cryptocurrency industry. By the time Solana hit its peak in 2021, it had climbed by over 1,2000% from the time it was originally released in 2020, when it was trading below $1. On December 6, it attained its ATH of $258.93.

In an interview with Bloomberg Technology, Yakovenko stated that the recent Ethereum Merge has certainly affected the cryptocurrency market. Solana conducts more user and app transactions each day than all other Ethereum-based blockchains combined. This includes Ethereum itself. Therefore, scaling would remain a major issue for Ethereum.

Its increasing popularity can be assessed by the fact that popular American comedian and television host Steve Harvey also joined the bandwagon. He did so when he changed his Twitter profile to that of a Solana Monkey Business NFT in September last year. 

Source: Twitter

American singer Jeson Derulo tweeted about his excitement for the token last year, saying that he betted on Solana and enjoyed the ride.

Solana has raised around $335.8 million over 9 funding rounds, with Alameda Research, Andreessen Horowitz and Polychain being its leading investors.

The current year so