Solana Price Surges As BONK Takes Off

Anatoly Yakovenko and co-founder Greg Fitzgerald founded the network. Scalability and transaction speeds were goals when Solana was developed. Solana has come a long way since its test net in 2018. To presently holding significant dominance in utility.

In 2023, the cryptocurrency market has changed. BONK, a fresh Shiba Inu rival, has completely taken over the market as Solana is on the rise and Bitcoin has managed to surpass the $17,000 mark leading the recovery rally. Among altcoins, the top position has been occupied by Solana (SOL) which have surged 20% and more.

Solana (SOL) Sees Huge Gains As We Enter 2023
At the start of the 2023 recovery rally, Solana’s price has gained nearly 70% and has managed to push the price from December 2022’s $8 to the present $13 and experts from coinpedia projected solana price prediction to reach $29.43 by the end of 2023.

Founded by the Solana Foundation, Solana was created to make decentralized finance more accessible worldwide. Solana is selling at $16.68 with a surge of 28.46% in the last 7 days.

BONK
A fresh dog memecoin called BONK was developed on the Solana blockchain. The market cap of BONK, which was airdropped to the Solana community on December 29, has grown by 983%, to $50 million. The token has potential to surge again if it gets listed on top exchanges like DOGE and SHIB are.

Solana’s next resistance lies at $18 and if SOL successfully claims this level the currency will begin its next bull run soon. If Solana manages to sail across the challenges of the crypto-verse, whilst fixing the consensus issues. SOL could cross the $100 mark by the year 2030.

Source - https://coinpedia.org/price-prediction/solana-sol-price-prediction/