As Solana continues to gain traction and establish itself as a robust blockchain ecosystem, here are some potential predictions for where Solana might be headed by 2024:
I believe that with its high throughput and low transaction costs, Solana is likely to witness a substantial increase in its ecosystem by 2024. More dApps, projects, and DeFi platforms are expected to flock to Solana, capitalizing on its scalability and performance.
Without a doubt, Solana’s user-friendly environment and efficient technology could attract a broader audience, including developers, institutions, and users, driving mainstream adoption. This could result in more real-world applications and use cases leveraging Solana’s capabilities.
By 2024, Solana might actively participate in cross-chain integration and interoperability, collaborating with other major blockchain networks. This could open up new opportunities for Solana-based projects and increase its utility across different ecosystems.
When it comes to NFTs, the NFT sector could see remarkable growth on Solana, potentially becoming a prominent hub for digital collectibles and art.
I’m happy to be a part of the Solana community right from the beginning. SOL, XRP and CAGA Crypto are currently some of my fav cryptos on the scene. These predictions I run across are speculative and based on the current trajectory and potential of Solana. Cryptocurrency markets can be highly volatile, and various unforeseen factors can influence the actual outcome.
What are your thoughts on Solana’s potential in 2024? Do you have any other predictions or insights into where Solana might be heading in the next few years?
All these answers got no justification. Here’s a simple breakdown of my thinking.
Theres two conditions, firedancer mainet should deliver as promised. 1.5mil tps and at least over 95% uptime on solana.
Also we need a proper bull market. IF AND WHEN we dont know. No one knows.
in 2021 ETH MC ATH was 475bn somewhere around that. If solana takes 50% of that market cap Solana will go over 300. (There’s some token unlocks happening next year as far as i know check that metrics on tokenunlocks)
This is how solana will reach over 300 realistically.
However theres a super bullish scenario where ETF gets approved and HNI money starts coming to crypto. I wouldn’t be surprised if solana hits 500.
nevertheless ill start selling when im happy with the gains. no one can predict the top.
Edit : My first target is 140.
Good points. Btc halving in April 2024 and the bull market started Jan 1st 2023
What is Firedancer?
With market cap of ETH were looking at $580
Haven’t we been in a bull market ? Well I guess it’s been Btc and sol