The CoinMarketCap cryptocurrency community price estimate is based only on the votes of its users. Estimates do not guarantee end-of-month prices.
As a result of the carnage in the cryptocurrency market brought on by the liquidity crisis at FTX, the price of Solana (SOL) has taken a significant hit, with the asset closely tied to the crypto exchange. Now that the atmosphere in the market has begun to calm in the aftermath of the crash, traders and investors are seeking to forecast SOL’s future price.
Taking into account the community votes cast through the Price Estimate tool at CoinMarketCap, the collective estimate sets the price of Solana at an average of $28.35 by December 31, 2022, according to the data retrieved by Finbold on November 21.
(by Jordan Major)
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