At the time of writing, the price of Solana is $145.59. This blockchain remains one of the most discussed platforms in the crypto industry. Below we will analyze what it is valued for — and what risks there are.
✅ Pros of Solana:
Speed: Up to 65,000 transactions per second (TPS) thanks to the unique Proof of History (PoH) algorithm combined with Proof of Stake (PoS).
Low fees: The average transaction cost is less than $0.01.
Developed ecosystem: DeFi, NFT, GameFi — thousands of projects are already running on Solana.
Support from major investors: Among the supporters are Alameda Research, Jump Trading, and other funds.
Active development: Ongoing updates and initiatives to improve stability and security.
⚠️ Cons of Solana:
Network failures: In the past, there have been cases of network stoppage, raising concerns about stability.
Centralization: Some critics point to a high share of validators controlled by a limited number of participants.
Competition: Ethereum, Arbitrum, Avalanche, and others are actively developing, creating pressure on Solana's market share.
📈 Forecast and prospects:
According to technical analysis, Solana holds a strong support zone around $140. If the current momentum continues, movement towards $160–$180 is likely in the short term. Long-term, with the continuation of the overall bullish trend and increased interest in the ecosystem, a scenario of returning to $200+ is possible.
🔮 Forecast from Cointelegraph: under favorable conditions, growth to $220 remains realistic.
💬 What do you think about Solana? Will it be the main competitor to Ethereum or will we see another decline in interest? Share in the comments!
#Solana #SOL #Cryptocurrency #Analytics #BinanceFeed #Altcoins
$SOL
