Will Solana (SOL) Reach $100 in 2023?
Solana ( SOL ) is the native coin of the Solana open-source project, which uses blockchain technology to provide decentralized finance (DeFi) SOL utions. It is currently trading at $22.71, with a market cap of $8,952,029,229, according to CoinMarketCap. SOL hasn’t had a price of over $100 in over a year. Additionally, it has hovered over the same $25 average throughout 2023. Some investors wonder if SOL will ever reach that $100 price range again. Is it possible that SOL can reach $100 by the end of 2023? Source: Outlook India Can Solana (SOL) Reach $100 This Year? While nothing is impossible, it is very unlikely that within the next few months, we’ll see SOL escape its current bearish phase. Since the FTX crisis at the end of last year, Solana has been negatively impacted and is now stuck around the $20 mark, after reaching as high as $36.77 in November. April saw signs of improvement for SOL , seeing it rally up $4 in an otherwise low month. However, this is nowhere c...