Should you buy Solana now?

Solana has dropped just below $180 today and has lost around 4% in the last 24 hours. Nevertheless, we can not argue that the year 2021 was not great for Solana holders. Solana was traded on January 1, 2021 for only around $1.50. By mid-August, it had reached $ 75. It was the coin with the best performance, whose market capitalization increased from $ 75 million to $ 21 billion. This short article explains what Solana is, whether it is worth investing in it and the top addresses to buy Solana today.

The Best Places to Buy Solana now

Binance

Binance has grown exponentially since it was founded in 2017 and is now one of, if not the largest cryptocurrency exchanges on the market.

Buy SOL now at Binance

CEX.IO

Cex.io Offers exchange of fiat currency for Bitcoin Ethereum, Tether and 23 other cryptocurrencies as well as Bitcoin/Ethereum trading against the USD.

Buy SOL now at CEX.IO

What is Solana?

Solana is the fastest blockchain in the world and the fastest growing ecosystem in the crypto space with over 400 projects spanning DeFi, NFTs, Web3 and more. Solana ensures composability between ecosystem projects by maintaining a single global state when scaling the network. You are not dealing with fragmented layer 2 systems or fragmented chains. It is not only really fast, but also inexpensive and resistant to censorship. This means that applications can continue to run freely and transactions never stop.

Should I buy Solana today?

Solana is expected to do well next year as well. Read as many price forecasts and analysis on technical aspects as possible and take all investment advice with caution.

Solana-Price Forecast

Crowd Wisdom predicts that in the next few hours the price of Solana will remain in the range of $ 178-182. Their general recommendation for this period is “Buy”, since three of the five Momentum indicators are positive, and none are negative. The Coin Price Forecast predicts that the price of Solana will reach $ 300 by the end of 2022, and then $ 500 by the middle of 2024. Solana is expected to rise to $1,000 in 2030.

Follow Solana on social media

Stay in the Loop

Get the daily email from CryptoNews that makes reading the news actually enjoyable. Join our mailing list to stay in the loop to stay informed, for free.

Latest stories

You might also like...