Post
Topic
Board Speculation (Altcoins)
Re: Can $SOL rise to $1000?
by
Abiky
on 13/12/2021, 12:15:59 UTC
SOL is ATH every day.

Now is $243, according to this trend, is it possible to reach $1,000?

...

Solana has been facing a number of issues lately, putting the reliability of its own blockchain network in question. There have been talks about centralizing Solana through an observation system in order to "better identify flaws and patch them accordingly". If the network becomes centralized, the coin's price will drop at a very fast pace. I don't think SOL will be able to reach $1k on its own, as the future for the cryptocurrency looks bleak. Only a bull market could save it, but I doubt it.

I don't want to sound pessimistic, but it's the way things are going for Solana right now. BNB and ETH are far better options with a secure and reliable Blockchain network for everyone. Who knows how much SOL will be worth in the future? Just my opinion Smiley