Solana">Solana’s native SOL token has been one of the hottest cryptocurrencies in 2023, skyrocketing from around $10 at the start of the year to about $78 today – representing a remarkable 650% price increase. But some analysts think there is much more room to run.
Crypto pundits on Twitter like Ali and Deftsuo predict SOL could continue trending upwards to hit prices above $90 or even $100 based on current momentum. But other experts have made exceptionally bullish forecasts like Crypto King’s call for $300 long-term.
The boldest SOL prediction has come from analyst Canfield, who has set a staggering price target of $1,000 for the token. He compares betting solely on Solana versus Ethereum to trying to predict Microsoft vs. Google and advises diversifying between both.
Of course, predictions are never guaranteed to materialize. But SOL’s parabolic ascent thus far in 2023 shows its explosive potential. And optimistic experts wager Solana’s next leg up could drive even more spectacular returns. If crypto markets stay hot, three-digit SOL prices may not be out of the question.
