Solana Price Prediction: Can SOL price rise to $200 in the next few days?

Can the Solana price soar to $200 in the next days? Let's take a look at this Solana price prediction article in more detail.

Prasanna Peshkar

Prasanna Peshkar

March 1, 2024 4:38 AM

Solana Price Prediction: Can SOL price rise to $200 in the next few days?

Solana prices have skyrocketed in the last 24 hours, returning to above $130. After the Bitcoin rate nearly achieved an all-time high and surpassed $63,000, the Solana price experienced a significant spike. Can the Solana price soar to $200 in the next days? Let’s take a look at this Solana price prediction article in more detail.

The price of solana has skyrocketed during the previous 24 hours. The SOL price increased from $110 to more than $132. This allowed the Solana price to increase by about 20% in the previous 24 hours.

Earlier, the SOL price has declined again, ranging between $100 and $110. However, with the Bitcoin bullrun, an altcoin bullrun was initiated, which benefited the SOL Token in particular.

Why was the SOL price rising?

The Bitcoin price bullrun, which had pushed BTC price to more than $63,000 and so close to an all-time high, sparked an altcoin run. Solana has been one of the trendiest old currencies for weeks, rising significantly faster than the typical altocoin. 

The Solana ecosystem is rapidly expanding, thanks to the Solana blockchain’s ability to process transactions swiftly. Furthermore, the network’s stability has improved dramatically in recent months, which was previously regarded a weakness. 

Can the price of Solana grow to $200 in the next few days?

The SOL Token might soon be worth $200. However, in the next days, we anticipate minor pullbacks. 

However, with the Bitcoin halving, we may witness another pump, causing altcoins to skyrocket once again. Solana prices should reach the $200 mark and maybe surge again to an all-time high.

Given the dramatic increase in Solana pricing in recent weeks, one wonders when and when the SOL price will approach $200. It looks that the Solana price will be approaching this level within the next month.

How to buy Solana(SOL) on Bitget? Easy Guide

Getting into Solana investment is now super easy! Just join Bitget, finish verifying your identity, and make payments using your bank, debit, or credit card—all while keeping things secure with crypto wallets. Many people use this simple method to get their hands on Solana. Check out our step-by-step guide on buying Solana on Bitget.

With Bitcoin halving on the horizon, many investors are considering SOL as an attractive option. This article provides insights into the opportune moment to buy Solana and outlines the process of how to buy Solana (SOL) on Bitget.

Prasanna Peshkar
Article By

Prasanna Peshkar

Prasanna Peshkar is a seasoned writer and analyst specializing in cryptocurrency and blockchain technology. With a focus on delivering insightful commentary and analysis, Prasanna serves as a writer and analyst at CryptoTicker, assisting readers in navigating the complexities of the cryptocurrency market.

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