{"id":514217,"date":"2022-12-30T04:30:37","date_gmt":"2022-12-30T09:30:37","guid":{"rendered":"https:\/\/wncen.com\/?p=514217"},"modified":"2023-03-08T07:26:30","modified_gmt":"2023-03-08T07:26:30","slug":"solana-prediction-2023-sol-not-dead","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/","title":{"rendered":"Solana Prediction For 2023: SOL Is Not Dead Yet, Analyst Says"},"content":{"rendered":"

Solana is undoubtedly one of the biggest losers of 2022. With a price drop of 96.2% from its all-time high, investors had to cope with a harsh price correction. One of the main reasons<\/a> for the crash can be seen in the insolvency of FTX.<\/p>\n

Since Sam Bankman-Fried’s investment firm Alameda Research still has a considerable stack of SOL in its portfolio, the situation is unlikely to improve, at least in the short term. New CEO John Ray will inevitably have to liquidate this position in order to pay out customers who have been harmed.<\/p>\n

In the wake of these negative developments, SOL’s price slipped to $9.13 at press time. But Chris Burniske, partner at Placeholder VC, shared some reasons<\/a> why Solana is far from dead. As the former head of ARK Invest<\/a> Crypto explained, he was recently asked by Vitalik Buterin what he likes about Solana.<\/p>\n

Burniske replied that for him, Solana has a “unique flavor of hardcore devotees & nerds,” meaning that they will drive innovation apart from Ethereum:<\/p>\n

Some of the devotees are hardware junkies, others are network optimization nerds, the validator community is crazy committed, and generally, a layer deeper than the financial opportunists are builders that get truly excited by Anatoly Yakovenko’s [co-founder of Solana Labs] vision.<\/strong><\/p><\/blockquote>\n

Related Reading: Bitcoin Now Under Realized Price For 163 Days, Here\u2019s How This Compares Historically<\/a><\/div>\n

According to Burniske, Yakovenko himself is also one of the reasons he believes in Solana. “He is admittedly more pragmatic than Vitalik,” the analyst said, further explaining that this approach is guided by the goal of making the “blockchain accessible to billions of people.”<\/p>\n

In terms of the developer ecosystem, Burniske asserts that it provides a perfect mix of crypto backend experts and Web2 front-end developers – “crypto needs more of them.” At the same time, the analyst notes that the Solana ecosystem isn’t just made up of die-hard crypto devotees, so it’s harder in a bear market “when some of the web2 people lose their nerve.”<\/p>\n

As for the technology, Burniske is also very optimistic, saying SVM is more powerful than EVM<\/a>. “While it has competitors, I anticipate Solana will be *the* blockchain ecosystem known for consensus near the speed of light […] and that will attract builders that prioritize speed w\/ sufficient decentralization,” the analyst concluded.<\/p>\n

Solana Price Prediction For 2023<\/h2>\n

The start of 2023 is likely to be a slow one for the Solana price due to selling pressure from John Ray<\/a>. However, once investors rebuild confidence, the $10.94 level should become key. Then, the level at $11.93 becomes interesting, as the 1-day chart shows.<\/p>\n

\"Solana
SOL price, 1-day chart<\/figcaption><\/figure>\n

However, a first recovery rally is likely to falter. If a breakout occurs, the six-week resistance at $14.90 will come into focus and could be of key importance in determining whether SOL has the potential for larger price gains. If so, the area between $18.31 and $19.94 could provide the next resistance. Once again, investors are likely to want to take more profits here.<\/p>\n

If SOL also succeeds in breaking through this zone in 2023, a retest of the $25.87 mark would be possible, an area that served as extremely important support back in June. Here, however, a significant price drop towards the south is also to be expected.<\/p>\n

Related Reading: Solana Suffers Double-Digit Losses, Is There An End In Sight?<\/a><\/div>\n

If and when Solana will be able to reach the resistance at $38.78 again in the year is currently questionable. Only if the bulls return to the crypto market as a result of a Fed pivot with investors developing deep confidence in Solana again, this price level should also be able to fall.<\/p>\n

Featured image from Guerrillabuzz Blockchain \/ Unsplash, Charts from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Solana is undoubtedly one of the biggest losers of 2022. With a price drop of 96.2% from its all-time high, investors had to cope with a harsh price correction. One of the main reasons for the crash can be seen in the insolvency of FTX. Since Sam Bankman-Fried’s investment firm Alameda Research still has a considerable stack of SOL in its portfolio, the situation is unlikely to improve, at least in the short term. New CEO John Ray will inevitably have to liquidate this position in order to pay out customers who have been harmed. In the wake of these negative developments, SOL’s price slipped to $9.13 at press time. But Chris Burniske, partner at Placeholder VC, shared some reasons why Solana is far from dead. As the former head of ARK Invest Crypto explained, he was recently asked by Vitalik Buterin what he likes about Solana. Burniske replied that for him, Solana has a “unique flavor of hardcore devotees & nerds,” meaning that they will drive innovation apart from Ethereum: Some of the devotees are hardware junkies, others are network optimization nerds, the validator community is crazy committed, and generally, a layer deeper than the financial opportunists are builders that get truly excited by Anatoly Yakovenko’s [co-founder of Solana Labs] vision. Related Reading: Bitcoin Now Under Realized Price For 163 Days, Here\u2019s How This Compares Historically According to Burniske, Yakovenko himself is also one of the reasons he believes in Solana. “He is admittedly more pragmatic than Vitalik,” the analyst said, further explaining that this approach is guided by the goal of making the “blockchain accessible to billions of people.” In terms of the developer ecosystem, Burniske asserts that it provides a perfect mix of crypto backend experts and Web2 front-end developers – “crypto needs more of them.” At the same time, the analyst notes that the Solana ecosystem isn’t just made up of die-hard crypto devotees, so it’s harder in a bear market “when some of the web2 people lose their nerve.” As for the technology, Burniske is also very optimistic, saying SVM is more powerful than EVM. “While it has competitors, I anticipate Solana will be *the* blockchain ecosystem known for consensus near the speed of light […] and that will attract builders that prioritize speed w\/ sufficient decentralization,” the analyst concluded. Solana Price Prediction For 2023 The start of 2023 is likely to be a slow one for the Solana price due to selling pressure from John Ray. However, once investors rebuild confidence, the $10.94 level should become key. Then, the level at $11.93 becomes interesting, as the 1-day chart shows. However, a first recovery rally is likely to falter. If a breakout occurs, the six-week resistance at $14.90 will come into focus and could be of key importance in determining whether SOL has the potential for larger price gains. If so, the area between $18.31 and $19.94 could provide the next resistance. Once again, investors are likely to want to take more profits here. If SOL also succeeds in breaking through this zone in 2023, a retest of the $25.87 mark would be possible, an area that served as extremely important support back in June. Here, however, a significant price drop towards the south is also to be expected. Related Reading: Solana Suffers Double-Digit Losses, Is There An End In Sight? If and when Solana will be able to reach the resistance at $38.78 again in the year is currently questionable. Only if the bulls return to the crypto market as a result of a Fed pivot with investors developing deep confidence in Solana again, this price level should also be able to fall. Featured image from Guerrillabuzz Blockchain \/ Unsplash, Charts from TradingView.com<\/p>\n","protected":false},"author":571,"featured_media":514223,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[84543],"tags":[12837,83626],"class_list":["post-514217","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solana","tag-sol","tag-solana"],"acf":[],"yoast_head":"\nSolana Prediction For 2023: SOL Is Not Dead Yet, Analyst Says<\/title>\n<meta name=\"description\" content=\"Solana is undoubtedly one of the biggest losers of 2022. With a price drop of 96.2% from its all-time high, investors had to cope with a harsh price\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solana Prediction For 2023: SOL Is Not Dead Yet, Analyst Says\" \/>\n<meta property=\"og:description\" content=\"Solana is undoubtedly one of the biggest losers of 2022. With a price drop of 96.2% from its all-time high, investors had to cope with a harsh price\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-30T09:30:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-08T07:26:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/guerrillabuzz-blockchain-pr-agency-cuK9BLM_mAQ-unsplash-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1440\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jake Simmons\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/realJakeSimmons\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jake Simmons\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/\"},\"author\":{\"name\":\"Jake Simmons\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028\"},\"headline\":\"Solana Prediction For 2023: SOL Is Not Dead Yet, Analyst Says\",\"datePublished\":\"2022-12-30T09:30:37+00:00\",\"dateModified\":\"2023-03-08T07:26:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/\"},\"wordCount\":631,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/guerrillabuzz-blockchain-pr-agency-cuK9BLM_mAQ-unsplash-scaled.jpg?fit=2560%2C1440\",\"keywords\":[\"Sol\",\"Solana\"],\"articleSection\":[\"Solana\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/\",\"url\":\"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/\",\"name\":\"Solana Prediction For 2023: SOL Is Not Dead Yet, Analyst Says\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/guerrillabuzz-blockchain-pr-agency-cuK9BLM_mAQ-unsplash-scaled.jpg?fit=2560%2C1440\",\"datePublished\":\"2022-12-30T09:30:37+00:00\",\"dateModified\":\"2023-03-08T07:26:30+00:00\",\"description\":\"Solana is undoubtedly one of the biggest losers of 2022. With a price drop of 96.2% from its all-time high, investors had to cope with a harsh price\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/guerrillabuzz-blockchain-pr-agency-cuK9BLM_mAQ-unsplash-scaled.jpg?fit=2560%2C1440\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/guerrillabuzz-blockchain-pr-agency-cuK9BLM_mAQ-unsplash-scaled.jpg?fit=2560%2C1440\",\"width\":2560,\"height\":1440,\"caption\":\"Solana SOL price prediction 2023\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Solana Prediction For 2023: SOL Is Not Dead Yet, Analyst Says\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028\",\"name\":\"Jake Simmons\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g\",\"caption\":\"Jake Simmons\"},\"description\":\"Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with wncen.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake\u2019s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake\u2019s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it\u2019s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake\u2019s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/realJakeSimmons\"],\"url\":\"https:\/\/wncen.com\/author\/marcusmisiak\/\"}]}<\/script>\n","yoast_head_json":{"title":"Solana Prediction For 2023: SOL Is Not Dead Yet, Analyst Says","description":"Solana is undoubtedly one of the biggest losers of 2022. With a price drop of 96.2% from its all-time high, investors had to cope with a harsh price","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/","og_locale":"en_US","og_type":"article","og_title":"Solana Prediction For 2023: SOL Is Not Dead Yet, Analyst Says","og_description":"Solana is undoubtedly one of the biggest losers of 2022. With a price drop of 96.2% from its all-time high, investors had to cope with a harsh price","og_url":"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2022-12-30T09:30:37+00:00","article_modified_time":"2023-03-08T07:26:30+00:00","og_image":[{"width":2560,"height":1440,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/guerrillabuzz-blockchain-pr-agency-cuK9BLM_mAQ-unsplash-scaled.jpg","type":"image\/jpeg"}],"author":"Jake Simmons","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/realJakeSimmons","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Jake Simmons","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/"},"author":{"name":"Jake Simmons","@id":"https:\/\/wncen.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028"},"headline":"Solana Prediction For 2023: SOL Is Not Dead Yet, Analyst Says","datePublished":"2022-12-30T09:30:37+00:00","dateModified":"2023-03-08T07:26:30+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/"},"wordCount":631,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/guerrillabuzz-blockchain-pr-agency-cuK9BLM_mAQ-unsplash-scaled.jpg?fit=2560%2C1440","keywords":["Sol","Solana"],"articleSection":["Solana"],"inLanguage":"en-US","copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/","url":"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/","name":"Solana Prediction For 2023: SOL Is Not Dead Yet, Analyst Says","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/guerrillabuzz-blockchain-pr-agency-cuK9BLM_mAQ-unsplash-scaled.jpg?fit=2560%2C1440","datePublished":"2022-12-30T09:30:37+00:00","dateModified":"2023-03-08T07:26:30+00:00","description":"Solana is undoubtedly one of the biggest losers of 2022. With a price drop of 96.2% from its all-time high, investors had to cope with a harsh price","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/guerrillabuzz-blockchain-pr-agency-cuK9BLM_mAQ-unsplash-scaled.jpg?fit=2560%2C1440","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/guerrillabuzz-blockchain-pr-agency-cuK9BLM_mAQ-unsplash-scaled.jpg?fit=2560%2C1440","width":2560,"height":1440,"caption":"Solana SOL price prediction 2023"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Solana Prediction For 2023: SOL Is Not Dead Yet, Analyst Says"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028","name":"Jake Simmons","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g","caption":"Jake Simmons"},"description":"Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with wncen.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake\u2019s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake\u2019s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it\u2019s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake\u2019s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/realJakeSimmons"],"url":"https:\/\/wncen.com\/author\/marcusmisiak\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Solana Prediction For 2023: SOL Is Not Dead Yet, Analyst Says","url":"http:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/solana\/solana-prediction-2023-sol-not-dead\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/guerrillabuzz-blockchain-pr-agency-cuK9BLM_mAQ-unsplash-scaled.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/guerrillabuzz-blockchain-pr-agency-cuK9BLM_mAQ-unsplash-scaled.jpg?fit=2560%2C1440"},"articleSection":"Solana","author":[{"@type":"Person","name":"Jake Simmons"}],"creator":["Jake Simmons"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["sol","solana"],"dateCreated":"2022-12-30T09:30:37Z","datePublished":"2022-12-30T09:30:37Z","dateModified":"2023-03-08T07:26:30Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Solana Prediction For 2023: SOL Is Not Dead Yet, Analyst Says\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/solana\\\/solana-prediction-2023-sol-not-dead\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/solana\\\/solana-prediction-2023-sol-not-dead\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/12\\\/guerrillabuzz-blockchain-pr-agency-cuK9BLM_mAQ-unsplash-scaled.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/12\\\/guerrillabuzz-blockchain-pr-agency-cuK9BLM_mAQ-unsplash-scaled.jpg?fit=2560%2C1440\"},\"articleSection\":\"Solana\",\"author\":[{\"@type\":\"Person\",\"name\":\"Jake Simmons\"}],\"creator\":[\"Jake Simmons\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"sol\",\"solana\"],\"dateCreated\":\"2022-12-30T09:30:37Z\",\"datePublished\":\"2022-12-30T09:30:37Z\",\"dateModified\":\"2023-03-08T07:26:30Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/guerrillabuzz-blockchain-pr-agency-cuK9BLM_mAQ-unsplash-scaled.jpg?fit=2560%2C1440","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/514217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/571"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=514217"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/514217\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/514223"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=514217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=514217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=514217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}