Quote from: MFahad on Today at 11:05:09 AM

Quote from: teddybear on August 31, 2022, 06:37:15 PM

Solana is a relatively new project when compared to the likes of Bitcoin and Ethereum. Solana flew under the radar for years, then rallied in this year.

Does Solana price could reach an average of $60 in 2023 Huh

Its all depends upon the Solona development and how they overcome the draw back in their ecosystem. Currently Solona have big issue of security and network congestion. We have seen many network upgrade and Hack which caused drop down of Solona price but I believe that they will do best fir that and we will see average price of above 50$ in 2023.
Solona achieved success very soon and now best chain for NFTs and gaming so we can expect big than previous success and offcourse price will also boom.

Since they are centralized, It’s easier for them to fix this kind of issue since they don’t need more time for consensus to implement there upgrade on the blockchain. Solana is funded by huge VC which means they have enough resources to hire a competitive developer to resolve there issue. I believe they can start again to recover once the whole crypto market trend is already bullish despite all the issue is not resolved since there’s still a lot of investors interested on this blockchain project due to its partners.