Solana Price Prediction 2022: SOL Prediction for 2022 is $67 (Revised Lower)

Solana Price Prediction 2022: SOL Prediction for 2022 is $67 (Revised Lower)
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May 25th, 2022, Solana Price Prediction 2022 is $67 (Revised Lower on 25th May).

Average Solana Price Prediction 2025 is $153.

The latest price of SOL Token is:

Solana Price Prediction 2022: Performance Analysis

Solana is struggling and the retreat of SOL price continues. SOL support is decreasing continuously and now the price of SOL is below $49. The overall market cap of Solana has fallen massively and the trading volume is down nearly 10% in the last 24 hours.

SOL on Sunday looked comfortable breaching the resistance at $55 and going past $60 but after failing to breach the resistance, SOL crashed below $50 once again. The social media sentiment for Solana is negative the the Google search volume has also crashed for Solana.

The year has been worst for Solana as compared to the rest of the cryptos. SOL has been one of the worst-performing cryptocurrencies this year. SOL’s all-time high was over $280 which it attained in November 2021. In the first week of January 2022, SOL was trading at over $180 but now the price of 1 SOL is less than $60. Below is the YTD chart of Solana:

image 241

The Google search for Solana has declined since January 2022. The decreasing interest level and back to back market crash has led to SOL becoming one of the worst-performing cryptocurrency this year.

image 255
Last 5 Days

Solana Price Prediction 2022: Analyst Estimation

Most projections are quite conservative and take into account the performance so far this year and the likely scenario in the coming months. Solana has an additional issue of assuaging investors that it will not face any more hacks or Network Outages.

Average Solana Price Prediction 2022
May 25th
$ 67
May 2022
$ 59
May 2022
$ 71
May 2022
$ 70

Solana Crypto Prediction 2025

Average Solana Price Prediction 2025
May 25th
$ 153
May 2022
$ 207
May 2022
$ 116
May 2022
$ 135

Google trends have been one the most important indicators for gauging market sentiment. The Google search volume of SOL is lower as compared to its last 24 hours level.

SOL Price 2021

The year 2021 was the best year for Solana investors. The cryptocurrency was priced just below $0.5 on the 1st of January 2021 but at the end of the year, Solana closed at above $170. In fact, Solana has been the choice of most websites as one of the best Cryptocurrency investments in 2022.

Screenshot 2022 03 27 at 8.40.33 AM

Read: Solana Price Prediction

Should I Buy Solana? 5 Things You Should Consider

Solana Price Prediction 2022: Frequently Asked Questions

How much is Solana worth in 2022?

Solana’s all-time high was $260.06 which it hit in November 2021. However, since then Solana’s price has declined and currently, it is trading below $100.

In 2022, as per the latest prediction, Solana could be worth $150 by the end of December. The price quoted is an average of four different platforms.

Wallet Investors predicts Solana Worth in 2022 to be $234 by the end of 2022. In comparison, TechNewsLeader predicts the price of Solana to be $112 by the December 2022 end.

How many Solana coins are there?

As per the data by CoinmarketCap, there is no estimation regarding the Maximum supply of Solana coins. However, currently, the circulating supply of Solana is 322,758,945. The total supply of Solana as of now is 511,616,946.

Solana Price Prediction 2022: Historical Data to Support Solana Investment

Date/ Days
$ 0.83
April 10th, 2020
$ 1
94 days
$ 10
220 days
$ 100
180 days
$ 200
11 Days
ATH, $ 260.06
57 days

Solana Crypto Price Prediction: Some Facts

Is Solana a Good Investment?

Looking at the performance of Solana in the last year, Solana can be termed as a good investment even in 2022. Here are a few reasons why to invest in Solana:

  1. Outstanding ecosystem which is focussed on applications for Solana
  2. It performs well on many metrics, for example, blockchain speeds
  3. Gas fee that is lower than Ethereum

Solana NFT Marketplace

When it comes to minting the Solana NFTs, most people are preferring these options instead of the Ethereum network due to the latter charging higher gas fees. So, for those who want to indulge in the NFT marketplace of Solana, the following options are the best.

  • Magic Eden

Known to be the no.1 NFT marketplace for Solana, this is the place where you will easily be able to sell, purchase, and create different NFTs in the best way. The listing fee is 0% and they just charge about 2% for every single transaction that takes place. The creators will also be able to set the royalties and the payment will be done after the sale takes place.

Magic Eden provides support to almost every single one of the Solana Wallets starting to Slope to Phantom. Other Solana wallets such as Solflare, Ledger, Clover, MathWallet, and Solong are also included.

  • Solanart

Another one of the very popular names in the Solana NFT marketplace would have to be Solanart. This amazing marketplace just charges a fee of about 3% for every single NFT that is sold. Not just that but the creator will also be able to set their very own fee in the best way.

The collections present in Solanart include Aurora, Ape Academy, Solpunks, as well as Galactic Gecko Space Garage. Several Solana wallets also have the support of Solanart such as Solflare, Clover, Phantom, Slope, Sollet, MathWallet, Ledger, etc.

  • Solsea

If you are a member of the Solana NFT marketplace then you have probably heard about Solsea, right? It is basically the first Solana NFT marketplace that would allow the creators to properly mint, sell, or buy the NFTs that they want.

There is also a rarity rank introduced with the NFTs that are created here along with SPL tokens and NFT compatibility. Solsea also supports different Solana wallets like Sollet, Solflare, and Phantom. For every single SFT sale, this marketplace charges just 3% of the entire transaction amount. Also, there are no listing fees as well.

  • DigitalEyes

Known to be the very 1st open NFT marketplace of Solana, DigitalEyes has managed to make quite a name for itself. The top collections in this particular Marketplace are Degenerate Ape Academy, Galactic Gecko Space Garage, Aurora, Frakt, and much more.

There is an option known as the Mint Calendar with the help of which you will also be able to witness the Launches and drops in NFTs. Solana wallets that are supported by DigitalEyes include Sollet, Phantom, Slope, Solong, Solflare, as well as MathWallet.

Why Solana is Technically a Better Investment?

Recently Bank of America in its research note told its clients that Solana could become the “Visa of the digital asset ecosystem”. Since its launch in 2020, Solana has experienced a massive adoption. Solana is the fastest blockchain in the world and the fastest-growing ecosystem in crypto, with over 400 projects spanning DeFi, NFTs, Web3 and more.

Screenshot 2022 04 17 at 1.01.31 PM
Some Projects in Solana Ecosystem

Solana is able to process over 2500 transactions per second and as of now, it has settled over 50 billion transactions. Solana’s scalability ensures transactions remain less than $0.01 for both developers and users.

Talking about DeFi, currently, the Solana network boasts over 500 dApps and multiple  DeFi projects built on Solana. Added to it more than 5.7 million non-fungible tokens (NFTs) have been minted by the Solana network.

How to Buy Solana?

Here are some general steps to follow to buy Solana:

  1. Finding a crypto exchange that has Solana Coins listed
  2. Create an account with the Exchange
  3. Verify your identity
  4. Fund the Wallet
  5. Make the Purchase

You can purchase Solana with U.S. dollars on 

Binance, Bitfinex, FTX, Huobi Global 

In Binance and Huobi Global, users can purchase Solana with Bitcoin (CCC:BTC-USD) or Tether (CCC:USDT-USD).

Using SOL-USD investors can purchase Solana from Bilaxy, Bithumb or Serum DEX.

Solana (SOL) Price Prediction for 2022

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Index or Individual Stocks. Please consult a registered investment advisor to guide you on your financial decisions. 

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