Solana (SOL) price forecast: experts predict $620 after Bitcoin halving

Over the past month, Solana has gained 45%, but experts predict that next month it could gain 227% and trade at $615

Solana (SOL) price forecast: experts predict $620 after Bitcoin halving

Just six months ago, SOL was trading at $19, but since then it has embarked on a historic price run that has resulted in a 10x increase. Today it is trading at $190, and according to experts, its best days are still ahead.

At press time, Solana is trading at $187.36 after moving sideways over the past day. Investor interest has waned after an impressive start to the year, with volume down 15% to $3.6 billion. SOL gained marginally last week despite volatility, leading to a two-week high of $203 on Monday.

According to Coincodex, a crypto data platform, the price of SOL could rise by 227% in April to reach $615 - according to their analysts, technical indicators indicate that now is a great time to buy SOL before its price rises.

At $615, Solana would set a new all-time high. His current record is $259.62, set on November 6, 2021. Changelly, a cryptocurrency trading platform, generally agreed with this forecast. According to them, SOL will double its current price by the end of the month and will continue to rise in May. Changelly predicts SOL will end April at $580 and set a monthly high of $626 on the first day of May.

Both forecasts are very optimistic. However, they are not without reason. Unlike previous bull rallies, this time Solana is supporting its growth with the corresponding growth of its ecosystem.

The Solana ecosystem is home to BONK and WIF, two meme coins that have set profit records. In addition, several new projects have launched on Solana this year, with several more debuting in April.



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