Solana (SOL) has rallied 8.3% in the daily charts, hitting a new yearly high of $75.87. The token is up by 6.7% in the weekly charts, 25.2% in the 14-day charts, and 30.9% over the previous month. Moreover, SOL has rallied 519.5% since December 2022. Since January, the asset is up by a whopping 661.75%. SOL’s performance in 2023 has outshined all the major crypto projects. Bitcoin (BTC), on the other hand, has surged by about 160% since the beginning of the year.Source: CoinGeckoSOL’s growth in 2023 has been especially commendable, given that the project was one of the worst affected after the collapse of FTX. SOL’s price fell to a low of $9.60 by December end of 2022 but has made significant gains since.Will Solana (SOL) hit $100 by Christmas?According to Changelly, SOL’s price will continue to hover around $75 till Dec. 28, 2023. The platform predicts a price of $75.24 on Christmas Day 2023, which is very close to current levels. However, Changelly anticipates SOL’s price to reach $80.69 on Dec. 31, 2023.CoinCodex also does not expect Solana (SOL) to hit $100 on Christmas. However, the platform still anticipates SOL’s price to rally on Christmas Day. According to the firm, SOL could reach a price of $78.98 on Dec. 25, 2023, a growth of about 4.1% from current levels. Moreover, COinCodex anticipates SOL to continue rallying into early January 2024.Source: CoinCodexTelegaon expects a maximum price of $101.14 for Solana (SOL) in 2023. If SOL reaches $101.14, it would translate to a growth of about 33.3% from current levels. However, Telegaon does not clarify when SOL could reach this target.#Solana.blockchain #dyor

With the crypto market bouncing back from its 2022 woes, meme coins like #BONK are experiencing a resurgence. But should you hop on the bandwagon before 2024? Let's look into the key points and potential drawbacks to consider before making your decision.Why #BONK Could Moon:1. Solana Ecosystem Darling: #BONK leverages the fast and cheap transactions of the #sol blockchain, attracting users frustrated with #ETH high gas fees. 2. Meme Power: Bonk's $Shiba Inu-inspired mascot and playful social media presence have fostered a strong community, driving up engagement and potential adoption.3. Utility on the Horizon: The #BONK team is developing a decentralized exchange (DEX) and NFT marketplace, potentially increasing the coin's long-term value.4. Low Market Cap: Bonk's current market cap is relatively small, meaning even moderate adoption could lead to significant price appreciation.However, Consider these Caveats:a. Meme Coin Volatility: Bonk's price is heavily influenced by sentiment and hype, making it prone to sudden swings. Be prepared for a rollercoaster ride.b. Competition: The meme coin space is crowded, with established players like Dogecoin (DOGE) and Shiba Inu (#SHIB💥 ), MEME coin(Memeland) vying for attention. #BONK needs to distinguish itself to win in the long run especially with the almighty MEME .c. Technical Risks: The #Solana.blockchain has faced some technical challenges in the past. Any future network issues could impact Bonk's price.d. Limited Use Cases: Currently, Bonk's primary use case is speculation. Broader adoption within the Solana ecosystem is crucial for long-term sustainability.My Verdict:Bonk offers an intriguing entry point into the Solana ecosystem with its playful brand and potential utility. However, the meme coin space is inherently risky, and #BONK faces stiff competition. Carefully weigh the potential rewards against the risks before making any investment decisions. Remember, never invest more than you can afford to lose.Disclaimer: This article is for informational purposes only and should not be considered financial advice. Consult with a licensed financial advisor before making any investment decisions.$BONK $MEME

Solana is not exactly a new cryptocurrency, but it has only gained traction and widespread popularity in the last few years. Its astronomical rise upwards has attracted the attention of many investors, helping them discover the project’s high usability and incredible functionality. With so many people jumping in on the Solana foundation hype, many of them are left wondering whether the coin is a good long-term investment or if they should dump whatever coins they have bought before it plunges any deeper.Unfortunately, we cannot give you financial advice and won’t be able to tell you what to do with your coins — that is something you should decide for yourself. However, Solana is a really interesting project, and we’d like to examine the potential it may have in the near future.Without further ado, let’s take a look at our Solana price prediction!Solana Statistics :Solana Price: $93.9Solana Price Change 24h: 9.36%Solana Price Change 7d: 34.41%Solana Market cap: $13,454,634,610.64Solana Circulating Supply: 416,863,670 SOLSolana Trading Volume: $1,510,243,008.74Solana All time high: $260.06Solana All time low: $0.51Solana Price Prediction 7d: $88.03 --5.6Solana Fear-Greed Index: 70 GreedSolana Sentiment: BullishSolana Volatility: 11.09%Solana Green Days: 16/30 (53%)Solana 50-Day SMA: $58.35Solana 200-Day SMA: $30.83Solana 14-Day RSI: 67.69Our real-time SOL to USD price update shows the current Solana price as $93.9 USD.According to our Solana price prediction, SOL price is expected to have a -4.43% decrease and drop as low as by December 23, 2023.Our analysis of the technical indicators suggests that the current market feeling is Bullish Bearish 10%, with a Fear & Greed Index score of 70 (Greed).Over the last 30 days, Solana has had 16/30 (53%) green days and 11.09% price volatility.Solana (SOL) Technical OverviewWhen discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments. #sol #SolanaGems #Solana.blockchain #solanaphone