Crypto Prices
Can the Price of Solana (SOL) Skyrocket as High as $500 Per Token?
Solana’s native cryptocurrency could one day peak well above its last all-time high. But only if these 3 things happen.
Solana is one of my favorite blockchains. Although it’s a blockchain in every sense of the word, it’s not entirely decentralized.
But the young blockchain — an infant in the fast-moving crypto industry — offers significant benefits to users through its semi-centralized network. This allows Solana’s core developers to continually innovate at a rapid speed in the blockchain space.
And because of these innovations, where its core developers have embraced a solid customer-first mindset, have led some people to predict that Solana’s native token (SOL) could actually soar to $500 in the future.
Earlier this year, the team launched Solana Pay, a peer-to-peer payment service that makes it super easy to pay with crypto (i.e., SOL) at brick-and-mortar merchants.
But that’s not all.
The team recently announced a Solana-integrated mobile phone called Saga, where users can tap into web3 apps seamlessly and also manage their NFTs and tokens on the go.