{"id":569608,"date":"2024-01-15T20:00:33","date_gmt":"2024-01-15T20:00:33","guid":{"rendered":"https:\/\/wncen.com\/?p=569608"},"modified":"2024-01-15T11:23:27","modified_gmt":"2024-01-15T11:23:27","slug":"solana-price-will-climb-to-750","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/solana\/solana-price-will-climb-to-750\/","title":{"rendered":"Crypto Analyst Says A Solana Price Will Climb To $750, Here’s When"},"content":{"rendered":"

Crypto YouTuber Jake Gagain<\/span><\/a> has shared his \u201cinsane price prediction\u201d for <\/span>Solana (SOL)<\/span><\/a> as he said that the crypto token will climb to $750. The crypto analyst didn\u2019t stop there as he also provided a timeframe for when this price level would be attained.\u00a0<\/span><\/p>\n

Solana Price To Rise To $750 In 2025<\/h2>\n

Gagain said that he expects Solana to hit this price level by 2025 in an X (formerly Twitter) <\/span>post<\/span><\/a>. In the accompanying video, he outlined several reasons for this bullish sentiment. For the first, he alluded to the fact that the Solana network happens to be \u201cquicker, safer, and much more affordable\u201d than Ethereum.\u00a0<\/span><\/p>\n

Related Reading: Here Are The Reasons Bitcoin Price Could Drop To $37,000 Before The Halving<\/a><\/div>\n

According to him, more users from <\/span>Ethereum<\/span><\/a> and other networks are likely to migrate to the Solana network as more projects get built on it. This is based on his expectation that Solana will be the \u201c<\/span>top competitor<\/span><\/a>\u201d for Ethereum in the next bull run. Gagain further asserted that SOL will end up becoming the third largest token by market cap, only behind Bitcoin and Ethereum.<\/span><\/p>\n

The second reason why the analyst is bullish on SOL is because of how it has <\/span>impressively recovered<\/span><\/a> from the <\/span>FTX scandal<\/span><\/a>. Solana was at the heart of it as the crypto exchange\u2019s founder, <\/span>Sam Bankman-Fried<\/span><\/a> (SBF), was one of the token\u2019s biggest backers. SOL dropped below $10 as a result of this while being in the middle of a bear market.\u00a0<\/span><\/p>\n

However, it has recovered nicely since then, <\/span>climbing above $100<\/span><\/a> towards the end of last year. That is why Gagain believes that the crypto token could go as far as hitting its all-time high of $260 and surpassing it.\u00a0<\/span><\/p>\n

\"Solana<\/p>\n

SOL price drops to $95 | Source: SOLUSD on Tradingview.com<\/a><\/pre>\n
SOL Is Also Making Its Way Into The Traditional Market<\/h2>\n
Jake Gagain also highlighted the fact that <\/span>Solana<\/span><\/a> was making its way into the traditional market as another reason he was so bullish on SOL. Solana\u2019s entry into the traditional market is said to be happening through its partnerships with notable brands. One of them, which the crypto analyst mentioned, was <\/span>its partnership with Shopify<\/span><\/a>.\u00a0<\/span><\/p>\n
Related Reading: Shiba Inu Whales Eat The Dip: 2.39 Trillion SHIB Make Their Way To Cold Storage<\/a><\/div>\n
Back when the partnership was confirmed, NewsBTC <\/span>highlighted<\/span><\/a> how it could help onboard more users into crypto and specifically into the Solana ecosystem. The network was projected to see more activity, considering the number of users Shopify already has.\u00a0<\/span><\/p>\n
Interestingly, the <\/span>number of transactions Solana records<\/span><\/a> daily is another reason why Gagain is most bullish on SOL. Network activity is known to be another factor that can affect a token\u2019s price.\u00a0<\/span><\/p>\n
At the time of writing, SOL is trading at around $95, down over 2% in the last 24 hours, according to <\/span>data<\/span><\/a> from CoinMarketCap.<\/span><\/p>\n
Featured image from Analytics Insight, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Crypto YouTuber Jake Gagain has shared his \u201cinsane price prediction\u201d for Solana (SOL) as he said that the crypto token will climb to $750. The crypto analyst didn\u2019t stop there as he also provided a timeframe for when this price level would be attained.\u00a0 Solana Price To Rise To $750 In 2025 Gagain said that he expects Solana to hit this price level by 2025 in an X (formerly Twitter) post. In the accompanying video, he outlined several reasons for this bullish sentiment. For the first, he alluded to the fact that the Solana network happens to be \u201cquicker, safer, and much more affordable\u201d than Ethereum.\u00a0 Related Reading: Here Are The Reasons Bitcoin Price Could Drop To $37,000 Before The Halving According to him, more users from Ethereum and other networks are likely to migrate to the Solana network as more projects get built on it. This is based on his expectation that Solana will be the \u201ctop competitor\u201d for Ethereum in the next bull run. Gagain further asserted that SOL will end up becoming the third largest token by market cap, only behind Bitcoin and Ethereum. The second reason why the analyst is bullish on SOL is because of how it has impressively recovered from the FTX scandal. Solana was at the heart of it as the crypto exchange\u2019s founder, Sam Bankman-Fried (SBF), was one of the token\u2019s biggest backers. SOL dropped below $10 as a result of this while being in the middle of a bear market.\u00a0 However, it has recovered nicely since then, climbing above $100 towards the end of last year. That is why Gagain believes that the crypto token could go as far as hitting its all-time high of $260 and surpassing it.\u00a0 SOL price drops to $95 | Source: SOLUSD on Tradingview.com SOL Is Also Making Its Way Into The Traditional Market Jake Gagain also highlighted the fact that Solana was making its way into the traditional market as another reason he was so bullish on SOL. Solana\u2019s entry into the traditional market is said to be happening through its partnerships with notable brands. One of them, which the crypto analyst mentioned, was its partnership with Shopify.\u00a0 Related Reading: Shiba Inu Whales Eat The Dip: 2.39 Trillion SHIB Make Their Way To Cold Storage Back when the partnership was confirmed, NewsBTC highlighted how it could help onboard more users into crypto and specifically into the Solana ecosystem. The network was projected to see more activity, considering the number of users Shopify already has.\u00a0 Interestingly, the number of transactions Solana records daily is another reason why Gagain is most bullish on SOL. Network activity is known to be another factor that can affect a token\u2019s price.\u00a0 At the time of writing, SOL is trading at around $95, down over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Analytics Insight, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":569626,"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":[167,6664,26263,14690,12837,89406,86420,83626,89405,85361,86410,83627],"class_list":["post-569608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solana","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-sol","tag-sol-news","tag-sol-price","tag-solana","tag-solana-news","tag-solana-price","tag-solusd","tag-solusdt"],"acf":[],"yoast_head":"\nCrypto Analyst Says A Solana Price Will Climb To $750, Here's When<\/title>\n<meta name=\"description\" content=\"Crypto YouTuber Jake Gagain has shared his \u201cinsane price prediction\u201d for Solana (SOL) as he said that the crypto 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Crypto Analyst Says A Solana Price Will Climb To $750, Here’s When","url":"http:\/\/wncen.com\/news\/solana\/solana-price-will-climb-to-750\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/solana\/solana-price-will-climb-to-750\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/Solana-price-crypto-analyst-Small.jpeg?resize=200%2C177","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/Solana-price-crypto-analyst-Small.jpeg?fit=320%2C177"},"articleSection":"Solana","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","crypto","crypto analyst","crypto news","sol","sol news","sol price","solana","solana news","solana price","solusd","solusdt"],"dateCreated":"2024-01-15T20:00:33Z","datePublished":"2024-01-15T20:00:33Z","dateModified":"2024-01-15T20:00:33Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Analyst Says A Solana Price Will Climb To $750, Here’s When\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/solana\\\/solana-price-will-climb-to-750\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/solana\\\/solana-price-will-climb-to-750\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/Solana-price-crypto-analyst-Small.jpeg?resize=200%2C177\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/Solana-price-crypto-analyst-Small.jpeg?fit=320%2C177\"},\"articleSection\":\"Solana\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto news\",\"sol\",\"sol news\",\"sol price\",\"solana\",\"solana news\",\"solana price\",\"solusd\",\"solusdt\"],\"dateCreated\":\"2024-01-15T20:00:33Z\",\"datePublished\":\"2024-01-15T20:00:33Z\",\"dateModified\":\"2024-01-15T20:00:33Z\"}<\/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\/2024\/01\/Solana-price-crypto-analyst-Small.jpeg?fit=320%2C177","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/569608"}],"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\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=569608"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/569608\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/569626"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=569608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=569608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=569608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}