$SOL After a thorough analysis of the factors that could influence the market, I estimate that the Solana (SOL) price for December 2024 could be between USD 200 and USD 250.
Factors in favor of a bullish price:
Adoption: Institutional adoption of Solana continues to grow, with companies like JPMorgan Chase and Fidelity experimenting with its blockchain.
Scalability – Solana stands out for its speed and efficiency, making it an attractive platform for DeFi and NFT projects.
Innovation – The Solana ecosystem is constantly developing, with new projects and applications continually being released.
Reducing Inflation: If global inflation reduces, this could have a positive impact on the price of Bitcoin and therefore other cryptocurrencies such as Solana.