Cryptocurrency SOL is getting closer to its all-time high of $260. The coin started its ascent along with the general cryptocurrency market and rose by 10% in a week and 72% in a month.
However, trader Professor Astrones believes that SOL will surpass its previous record at least twice this year and rise to $750. For 2025, the expert puts forward an even more positive forecast, assuming that the value of Solana will rise to $1,000.
The growth of the digital currency is believed to be influenced by memcoins issued on the SOL network. According to CoinGecko, the market capitalization of these assets exceeds $7 billion.
Prospective memcoins on the Solana blockchain that can grow together with SOL Two candidates have come into the field of view of crypto experts - Slothana, Smog, from which investors will probably be able to achieve positive results alongside the SOL coin.
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SECTION ON MEMCOINS ON THE SOL BLOCKCHAIN
Slothana (SLOTH) is another proof of how meme cryptocurrencies on the Solana network are rapidly gaining momentum. Collecting over $2,000,000 in the first week of presale.
To receive SLOTH tokens, investors must send SOL to the coin's wallet address. The developers have simplified the process by adding an exchange widget to the official Slothana website. Therefore, traders need to enter the number of SOL tokens, click on the buy button and connect their crypto wallet.
Currently, for each Solana coin, an investor receives 10,000 SLOTH. It is expected that as soon as the presale ends, the tokens will be transferred to the wallets of the early participants. One of the reasons Slothana is attracting market attention is its possible connection to the developers of the Smog memcoin. Presumably, they act as the creators of SLOTH.
Advantages:
• fast and cheap transactions thanks to development on Solana;
• the potential for high profitability due to the speculative nature;
• a simple and clear pre-sale preparation mechanism.
SMOG If the appearance of Pepe Coin in 2023 was a turning point in the development of the memcoin market, it can be said that Smog (SMOG) is on its way to repeating this feat. This new Solana blockchain cryptocurrency was able to reach a market capitalization of $150 million in a month, and the number of owners has already exceeded 106 thousand.
In the first weekend of March, SMOG hit a new record high of $0.127, shedding one decimal place. This price movement attracted the attention of experienced analysts and increased trading activity on the part of large investors. In a few days, 16 purchase orders were recorded for the amount of $10,000 and above.
The events that move SMOG forward are airdrops. Memcoin completes the first distribution season in a week, after which the second season will immediately begin. Participating in the SMOG airdrop is an opportunity to earn free tokens by completing simple tasks, and you can start accumulating points immediately after purchasing cryptocurrency.
Features:
• was originally launched on the Solana blockchain, but later turned into a multichain token;
• 10% discount on purchases on the Ethereum network;
• staking at 42% per annum.
So, in my opinion, it is a very real possibility to see SOL more expensive than $260, even allowing for the possibility that this cryptocurrency can grow to $700. As drops are released on this blockchain. In particular, let me remind you that recently the future owners of 2 phones from Solana received a drop that knocked off half of the phone's price of $294. Therefore, in my opinion, SOL is a promising coin.