Will Solana Takeover?! SOL Updates & Price Predictions
Published: 2024-11-05
Status:
Available
|
Analyzed
Published: 2024-11-05
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Solana (SOL) could reach over $300 in the coming weeks if it breaks out to the upside.
"if Soul does break out to the upside then it could rally to over $300 in the coming weeks"
Pending
Solana (SOL) could fall to around $100 if it is rejected from its long-term trend line.
"conversely if Soul gets rejected from the long-term trend line it's been battling with over the last few months then it could fall as low as the bottom trend line in the price range which could be around $100"
Pending
Solana (SOL) could reach a market cap of $550 billion, translating to a price of around $1,000 in this cycle.
"salana could hit a market cap of $550 billion in this cycle and that would translate to a S price for around $1,000"
Pending
The decision on spot Solana (SOL) ETFs is expected in March.
"the spot salana ETF decision date is sometime in March"
Pending
The Fire Dancer client has been initially launched on Solana.
"the biggest breakpoint announcement of all though was the initial launch of the fire dancer client on salana"
Pending
The full launch of Solana's Fire Dancer client was anticipated by September, but was delayed.
"Anatoli had mentioned in interviews earlier this year that fire dancer would be fully launched by the breakpoint conference in September"
Pending
Repayments to FTX creditors are expected soon, with some planning to reinvest into Solana and its ecosystem, potentially bringing billions of dollars into SOL and altcoins.
"FTX creditors getting paid back repayments to creditors are expected to begin sometime this month some creditors have already announced that they plan on investing this Capital into soul and Solana's ecosystem"
Pending
A debate occurred at the Breakpoint conference regarding the dissolution of the Solana Foundation.
"there was a debate on whether to dissolve the salana foundation at the breakpoint conference"
Pending
Realms, Solana's governance dashboard, has become an independent entity spun out from Solana Labs.
"Realms which is the governance dashboard for crypto projects on Solana's ecosystem silently spun out of salana labs to become its own entity"
Pending
The Solana Foundation holds 80 million SOL, a significant portion of which has been delegated to validators.
"the foundation holds a whopping 80 million Soul, which it has been delegating to validators"
Pending
Solana's long-term goal is to function as a decentralized alternative to centralized stock exchanges like the NASDAQ.
"salana's endgame is to become a decentralized competitor to centralized stock exchanges like the NASDAQ"
Pending
Solana will be considered out of beta once the Fire Dancer upgrade is fully launched and handles one-third of validator traffic.
"salana will be out of beta once fire dancer has launched and accounts for onethird of validator traffic"
Pending
Solana aims to launch Fire Dancer before the potential March approval of its ETF.
"salana wants to launch fire dancer before the ETF is approved which could happen as soon as March"
Pending
Meme coins are currently the primary catalyst for development activity on Solana.
"Meme coins are the key driver of development activity"
Pending
Solana might be following Ethereum's previous cycle's trajectory, potentially reaching a $550 billion market cap in the current cycle.
"it's possible that soul is following eth one cycle behind and that means that salana could hit a market cap of $550 billion in this cycle"
Pending
There is a possibility that Solana could surpass Ethereum in market capitalization within this cycle.
"and who knows maybe soul will even flip e this cycle"
Pending
A Trump victory is predicted to be bullish for crypto, particularly for altcoins like Solana.
"a trump win would be bullish for crypto and some crypto analysts believe it will be especially bullish for altcoins like Soul"
Pending
A Kamala Harris victory is predicted to be bearish for crypto, especially for altcoins like Solana.
"conversely if Harris wins then it would be bearish for crypto especially for altcoins like"
Pending