## Are you ready to find out the Solana to GBP price?

[Solana](https://solana.com/) is one of the biggest contenders of Ethereum in the race of [leading NFT](/news/article/solana-nfts) and web3 platforms. Its scalability and hybrid consensus mechanism of proof-of-history and proof-of-stake make it a complete ecosystem for DApps. Besides, the blockchain’s native token, [SOL](/news/article/solana-price-gbp), has also proved valuable and profitable crypto. 

If you are interested in investing in this blockchain, here’s the Solana to GBP conversion. You can also find some insights into its value in this bearish market. Let’s start the price analysis!

## Solana to GBP price today

As of today (4 November 2022), [Solana’s price](/news/article/solana-price-prediction) in Pound Sterling is [£28.91](https://coinmarketcap.com/currencies/solana/markets/). Over the past week, its value has seen around a 4% upward trend.

According to CoinMarketCap, its current market cap is £10,378,162,442. Over the past 24 hours, its trading volume has been £741,967,001, with a 1.55% increase.  

![solana.jpg](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/solana_54c51a57ed.jpg)
 
[Source](https://coinmarketcap.com/currencies/solana/)

In comparison, SOL to USD value is currently $32.37, and it shows around 6% of upward movement in the last seven days. Moreover, its market cap in USD is $11,631,374,401.

## Solana price analysis

Though the SOL blockchain is efficient, it is notorious for unannounced outages. It is one of the factors that often affect the SOL’s price. At the beginning of October, the network experienced another outage this year. Before this, it's worth was around £32. 

However, it took a dip as investors and stakeholders’ trust in the blockchain shook. In the first week of October, its value dropped to £29; towards the end, its price reached less than £25. But it made some recovery, and currently, it is floating above the support level. 

On the other hand, a significant [hack of Mango Markets](https://cointelegraph.com/news/how-low-liquidity-led-to-mango-markets-losing-over-116-million), a SOL-based lending protocol, has also affected its value. More than $100 million was drained from the DeFi platform. After the hack, the total value locked on the blockchain plunged. On 10 October, its TVL was around $1.32 billion; in the next three days, it dropped to $862 million.  

## A potential bullish outlook shows a 22% rise

Besides, the current market trends suggest a bullish outlook too. SOL's traded volume at the current price is the highest since 2 April, which indicates increasing buying pressure. If the buying pressure kept growing, there might be a surge of around 22%. This will likely take its worth to £35 in the coming days.

Nonetheless, it will reject this [bullish theory](/news/article/2022-bullish-run) if its value goes below £25. Moreover, it could result in a lower low of £23. Whether or not it shows resistance at the current value will determine the long-term trends.


Solana to GBP conversion price analysis

What is happening with the SOL to GBP price and what are the predictions for the future?

The SOL token is one of the most famous cryptocurrencies out there. This is due to [Solana’s](/news/tag/solana) scaling capabilities which allow the Solana network to process up to 75000 TP/s and compete with VISA.
 
## What is the SOL token?

The SOL token is the governance token of the Solana blockchain. The Solana blockchain is a hybrid PoH (proof-of-history) and PoS (proof-of-stake) blockchain consensus that allows for deploying smart contracts and processing transactions on-chain.

SOL is used in:

•	Staking and on-chain voting.
•	Payment of transaction fees of which a part is burned, and the other part is used as rewards for validators.

## SOL/GBP price history

Like other cryptocurrencies, SOL taken has taken a beating this year due to the bear market and the macroeconomic factors that have led to a lot of pain in the crypto market. The token has dropped by about 80% in the 2022 bear market.

Last year, SOL had a historic rally where its price increased from £1.11 on 1 January, 2021 to an all-time high of £192.06 on 7 November, 2021.

## SOL/GBP price analysis

The SOL token is having trouble recovering due to its many outages this year (five so far), including [one in October](https://fortune.com/crypto/2022/10/01/solana-back-online-after-latest-outage/). This enormously subdued the token's price below the £30 mark. The charts suggest that the SOL/GBP price has been ranging between the £24.28 support level and the £28.02 resistance level for over a week.

## SOL/GBP price forecast

In the mini relief rally over the last few days, the SOL/GBP price managed to test the £28 mark, but a rejection followed, and currently, the token is trading around the £26.51 mark.

A break in the SOL/GBP above £28 could encourage bulls to fight further and push the token back above the £30 resistance level. If it manages to maintain this level, the next test would be at the £33 resistance level, which broke due to the latest outage of October.

Solana labs is expected to release its first phone, Saga, in the first quarter of 2023. If all goes well, a rally could occur by pushing the token's price well above the £40 mark.




SOL to GBP Analysis

Solana announced several launches during the ecosystem's yearly gathering at Breakpoint 2022 in Lisbon as it prepares to enter the mainstream. During the conference, the company unveiled its roadmap, which includes the introduction of smartphones, [partnerships with Google Cloud](https://coinculture.com/au/business/solana-announces-google-partnership/) and decentralised application stores (dApps).

## Latest Solana crypto news: 

### 1.     Smartphone launch

The [Solana](/news/article/solana-phantom-wallet-guide) mobile team stated, "It's made for the people" when announcing the release of its smartphones. According to the sources, pre-orders for smartphones will start in 2023. The company still needs to make the official date public.

The smartphone stands out for its ability to securely store crypto [wallet](/news/article/best-ethereum-wallet) secret keys. A Qualcomm processor with an Arm-based system-on-chip (SoC) will power the smartphone, enabling increased productivity.

### 2.	Google to become a Solana node validator soon    

Google stated that it would run a block-producing Solana validator enabling it to participate in and validate the network.
In addition to joining the ecosystem as a validator, Google Cloud has collaborated with the company to integrate its [Blockchain](/news/article/what-is-blockchain) Node Engine.

Google Cloud's Blockchain Node Engine is a fully managed node-hosting service that eliminates the need for complex node operations. Previously, the service provided turnkey node hosting for Ethereum and its burgeoning developer ecosystem.

Including Solana in the Blockchain Node Engine will significantly cut the time required to run a Solana node, making it available to a wider range of users.

The company also disclosed that it is currently indexing and bringing network data into BigQuery.

### 3.	DApp store to enhance Web3 user experience

The company announced the launch of the dApp Store in preparation for [Web3](/news/article/what-is-web-3.0-crypto) disruption. 

On the latest Solana crypto news, SOL- the native token rose more than 15%.



Solana crypto news: Google becomes Solana validator

Launched in 2021, [Phantom wallet](https://phantom.app/) is a non-custodial crypto wallet built for the Solana blockchain. It is used to interact with Solana-based tokens, smart contracts, NFTs, and decentralized applications (DApps). It is available as a browser extension and mobile app.

It can be accessed using major browser extensions such as Chrome, Firefox, Brave, and Edge. As a mobile app, it is compatible with iOS devices as well as Android.

## Key features

Phantom wallet stands out with its many features. They include;

i.	Simple user interface: Its simple user interface makes it beginner friendly. Anyone can use it to interact with the SOL blockchain. All service options are available on the first page.

ii.	Non-custodial: Users have complete control of their private keys, which give access to their funds. It has no access to users’ data or funds.

iii.	Supports Ledger: It can be connected to Ledger, a leading and highly secure hardware wallet for extra security.

iv.	Built-in exchange: It features a built-in decentralized exchange that allows users to swap SOL-based tokens within it.

v.	NFT compatible: It supports NFT collectibles from the SOL blockchain. It has a feature that automatically groups similar NFTs for easy accessibility. However, it only supports Solana NFTs.

vi.	[Crypto staking](/news/article/what-is-staking-crypto) capabilities: It allows users to stake SOL and receive rewards. Crypto staking is a good way to earn passive income from cryptocurrencies.

vii.	Great security: A strong password is the first line of defense. It is required to protect funds from thieves and hackers. It also features a recovery key phrase to restore access to it. Biometric authentication is another security feature offered to those using its mobile app version. The feature enhances its security even when accessing it on the go.

viii.	Privacy: It prioritizes privacy. Users don't have to provide any personal information to create it. They only need to create a password to start using it. It also does not track any personally identifiable information, users' account addresses, or asset balances.

## Pros and cons

There are many reasons to use Phantom wallet to interact with the SOL blockchain. Some of its advantages include;

### Pros

•	It is easy to use, therefore beginner friendly.

•	It is non-custodial, therefore, does not have control over users' funds.

•	It features a built-in swap and is compatible with NFTs.

•	It supports Ledger (a hardware wallet) for increased security.

•	It prioritizes privacy and features great security.

### Cons

•	It does not support any other network.

## Conclusion

Phantom is a great wallet. It is especially perfect for newbies venturing into the crypto space through Solana, one of the most active and fastest-growing ecosystems in the crypto space.

It is easy to use, feature-rich, and highly secure. It easily gives access to all Solana services. It can be accessed as a web extension and mobile application. There is a lot to like about it.



Solana Phantom Wallet Guide

A platform for esports (sports video games) called Monkeyball combines the idea of NFTs with the concept of online multiplayer European football. Some have compared the Monkeyball platform to a cross between FIFA Street and World of Warcraft in terms of video games. This means users can set up/manage a fictitious team and compete against friends or use their skills in a larger online playing field where they can get paid.

The token used within the [Monkeyball](https://www.monkeyleague.io/) platform is the MBS Token, which you can identify on exchanges by the ticker $MBS. With a market cap of $14.76 million, it has a circulating supply of just over 92.2 million tokens (reports on this figure vary slightly).

The Monkeyball platform is created by the users who contribute MBS tokens, which are used to make real-world purchases of new tools, arenas, players, and skills. These tokens and purchasable items are the foundation of Monkeyball's online economy, allowing users to compete and engage in various play-to-earn activities.

After signing up, each Monkeyball user can assemble their 4-a-side (4 players on the pitch at once per team) squad of Monkey avatars. 

An avatar represents you in a video game world or one of several characters under your command. These avatars will play one of four positions on the virtual field: netkeeper, striker, defender, or midfielder. Games between opposing teams are played in stadiums, which are unique virtual locations owned by users and can be viewed by spectators. 

Spectators can access their Monkeyball account for free but cannot purchase or manage players or stadiums until they buy a certain amount of MBS tokens.

## Monkeyball is based on the Solana blockchain

The Metaverse Monkeyball gaming platform is built around  Monkeyball NFTs. Every unique location, character, or item is protected by NFT encryption, which is blockchain-based. Monkeyball NFTs rely on the [Solana](/news/article/solana-nfts) network, a rising star in the cryptocurrency world, to secure transactional activity on their platform while improving overall speed and usability. 

[Solana blockchain](/news/article/solana-price-gbp) has become a popular hosting platform for multiple different NFT platforms because of its ease of operation and relatively high level of interoperability.

## Token MBS explained

MBS tokens are available on the Monkeyball platform and can be purchased with either fiat or digital currency (depending on where you bought your $MBS). Monkeyball stated that its platform would be fully functional on desktop and mobile devices. 

MBS token is a speculative currency that can be traded between users on various crypto exchanges, but its main appeal is its in-game practical application. Because MBS tokens can be used as currency on the Monkeyball platform, users can effectively contribute to and manage an artificial economy in a virtual world. 

When a client buys a unique in-game entity or commodity, it becomes theirs. It is no longer available for purchase by any other player unless the original client wishes to sell, usually for a profit. This is made possible by blockchain encryption, as the ledger stores all ownership information. Every in-game commodity or entity is an NFT and is subject to all of the standard NFT rules.

## Review of Monkeyball NFT: Is it worth the hype?

The Monkeyball NFT is a worthy asset. Customers can now purchase NFTs of the stadiums where their preferred teams play, further enhancing their experience. A portion of the prize money is distributed to the winning team's stadium owners, players, and supporters following each game. This game rewards everyone, unlike your typical match, where only the players receive rewards.

If you let others play in your stadium, even if they aren't your players, you can reward yourself! It's also possible to win prizes simply for attending a game and rooting for your preferred team! MonkeyBall aims to enthuse people about sports by enabling them to simulate being there in person. All players will receive the game's native currency, MonkeyBucks (MBS).



Monkeyball NFT: A comprehensive guide

Blockasset is an NFT platform and marketplace that seeks to bridge the gap between athletes and their fans. Launched in July 2021 and built on the Solana blockchain, Blockasset offers fans a place to access exclusive athlete-verified NFTs, among other services.

## How it works

[Blockasset](https://www.blockasset.co/) works by connecting verified athletes with their fans. Fans get to buy verified NFTs directly from their favourite athletes. They also interact with the athletes and see their careers blossom through their listed NFTs.

The platform, unlike others, features a tier system that helps with how fans interact with athletes and its content. The three tiers include the following;

•	Legends: They include fully authenticated NFTs produced and backed by some of the greatest sports personalities of all time, including Mohammed Ali, Wayne Rooney, and Mike Bisping. 

•	Moments: these non-fungible tokens represent a unique highlight moment in an athlete’s career. 

•	Gaming: These NFTs power several Play-to-Earn (P2E) sports games.

Legends are the first NFT collection to drop on the marketplace. They have some unique perks, which include giving their holders access to the Legends Club on Discord with exclusive athlete AMAs.

Other perks include regular rewards like signed memorabilia, meet and greets with athletes, and sporting trips worldwide.

## Native Token

Blockasset has a native utility token called $BLOCK. The token has a variety of use cases. They can be used for staking to earn rewards, airdrops, marketplace discounts, and in Blockasset’s games. 

$BLOCK holders can also use them to boost their NFT listings, win a VIP experience with athletes, reduce fees on NFT purchases, and get early access to live events. The tokens have a max supply cap of 200 million.
The platform has another token called nBLOCK, used for listing and purchasing exclusive NFTs. The token is also used for governance.

## Why Build on Solana

[Solana](/news/article/solana-price-gbp) stands out with its low fees, high throughput, and low latency. The blockchain can process over 50,000 transactions per second with close to zero fees. It also leverages the language Rust, which solves memory safety issues and thread concurrency. 

Solana’s advantages are why Blockasset was built on it. The marketplace hopes to use these advantages to provide an unmatched user experience and attract users.

## Conclusion

Blockasset is an ambitious project that looks beyond providing an athlete-focused NFT marketplace. The platform is already working on a Play-to-Earn, five-a-side soccer simulation game that will feature, among other things, online and single-player modes and player-owned assets.

Its road map reveals fantastic things are on the way, making it a project worth checking out. It already has thousands of followers on Twitter, Instagram, Reddit, and Telegram.
 



Block asset: An athlete NFT platform built on Solana

[Solanart](https://solanart.io/), an NFT marketplace hosted on the [Solana blockchain](/news/article/solana-nft-marketplace), was launched in 2021. The marketplace includes various NFTs created by users, organisations, and celebrities.

The platform maintains its inventory of NFTs available for purchase in an offline database, in contrast to other NFT marketplaces. This helps to secure a large number of NFTs for sale on the platform.

[DappRadar's marketplace statistics](https://dappradar.com/solana/marketplaces/solanart) show that the platform has had over 238k traders and an overall sales volume of over $660 million.

The platform charges zero fees to buy and sell NFTs, which adds to its growing popularity.

## Compatible wallets with Solanart

Solanart is currently only compatible with the Sollet wallet, the Sollet Chrome extension, and Phantom, though it is very likely that other wallets will be supported in the future.

If you have one of these two wallets, connect at the top right, confirm in your wallet, and you can begin buying and selling NFTs and viewing your wallet collection.

## How to buy and sell NFTs on Solanart?

To purchase an NFT, you must first link the [wallet](/news/article/best-ethereum-wallet) to solanart. With the wallet connected, click on the one you are interested in buying. You can then find information such as the address of the NFT owner, and you can view all of the information in the [Solana](/news/article/upcoming-solana-nft-projects) explorer by clicking on the view token.

Finally, if you click, you can see who the last buyer was and when they bought it. To purchase, click on buy and confirm it. Once the transaction is complete, you will see your new NFT in your wallet. And from there, you can list it for sale, which will appear in the My NFT For Sale section.

To sell the NFT you have purchased, click the "Connect Wallet" button in the top right corner. When you click on the "Wallet" tab, you should see the NFTs you can sell.

Click "Sell" and add a description of a maximum of 50 characters. Enter the SOL price at which you want to sell it.

Click "SELL", confirm the transaction in the wallet's pop-up window, and wait a few seconds for the transaction to complete. This way, you'll be able to sell your NFT.

## Solanart market commissions 

The platform charges a 3% market commission on the selling price of each transaction. Additionally, a creator's fee is added to the sale price and is fully paid to the artist. This fee varies depending on the collection. 

There is a 0.02% advertising fee to prevent excessive advertising. Before putting your NFT up for sale, ensure you have enough SOL to pay the listing and transaction fees.

## Bottom line

The top characteristics that set Solanart apart from the rest of the NFT marketplace competition include low transaction charges, a speedy platform, a rapidly expanding collection of NFTs, strict standards, active assistance, and, of course, being powered by the Solana network. These characteristics undoubtedly give NFT creators, buyers, and sellers a competitive edge in their business of digital trading assets. 



Solanart: NFT marketplace explained

In recent days, Solana has seen a significant increase in its NFT ecosystem. What's noteworthy in this environment, despite showing signs of improvement, overall demand for NFTs remained weak in September.

Meanwhile, Solana NFT mints reached an all-time high on September 7, surpassing 300,000 units. The network had only 77.79k mints at the beginning of the month and has seen a massive increase in such a short period.

However, [Solana](/news/article/solana-price-gbp) appears to differ from the recent downward market trend for cryptocurrencies. It's important to note that NFT sales on Solana managed to outpace those on Ethereum for 24 hours on May 24, making it the leading blockchain for that day. 

The introduction of the Trippin' Ape Tribe project, a collection that competed successfully against all NFT projects in the intervening hours between May 24 and 25, was the catalyst for this rise. The market sales of Solana NFTs totalled nearly $24.3 million at the time, while Ethereum sales totalled $24 million across all monitored markets. 

Returning to more recent news, the graphs depicting the number of NFTs minted on Solana on September 7 speak volumes. As stated above, 312,000 Non Fungible Tokens were minted in a single day. There has thus been a significant increase, given that the figure reached and recorded on September 4 was around 39,000.

Magic Eden, a Solana NFT marketplace, is undoubtedly a beneficiary of this rapid rise. Their NFT market share increased from 12% at the start of September to 36.6% on September 7.

## Solana NFT's notable success 

Despite unfavorable market conditions, NFTs sold on blockchain appear to finally achieve the success they deserve and have worked so hard for. 

The most popular NFT marketplaces' volumes have not recovered from a sharp decline earlier this year; however, this blockchain appears to be a minor but notable exception, surpassing its all-time high.


Solana NFT mints reached its all-time high

In the crypto space, there has been a lot of back and forth discussions on AVAX vs Solana. Both these blockchains have risen as Ethereum killers because of their high efficiency and minimal costs. But which one is the ideal choice? 

[Solana blockchain](/news/article/solana-price-gbp) has developed into a diverse ecosystem where you can mint NFTs, develop DApps and games, as well as generate a passive income. On the other hand, [Avalanche](https://www.avax.network/) is an innovative solution for Ethereum limitations that works as a subnet for developing DeFi projects. 

Suppose you are considering investing in SOL or AVAX. In that case, this article will help you decide which crypto has the higher potential. Let's dive in!

## Should I buy Solana or AVAX?

Before buying any crypto, most people make the mistake of only considering the token's price. However, to gauge the potential of any crypto, you have to consider several other factors. Here are a few of them!

## Consensus Mechanism

Avalanche (AVAX) and Solana (SOL) are layer 1 networks that follow the Proof-of-Stake (PoS) consensus mechanism. To add a block to this mechanism, you need to stake a certain amount of the network's token. On the Avalanche network, you need at least 2000 AVAXs to validate the smart contract. 

In comparison, Solana uses a hybrid version of PoS that also involves Proof-of-History (PoH) for transparency and efficiency. This allows it to have better throughput and low latency. Moreover, its validation nodes only require a fraction of SOLs, which keeps its cost to a minimum. 

## Blockchain trilemma 

Both claim to resolve the blockchain trilemma of decentralisation, security, and scalability. Avalanche uses PoS along with the Snowball technology to achieve decentralisation and speed. It has a multilayer structure involving X, C, and P chains, which allows scalability. And since its C-chain supports the Ethereum Virtual Machine (EVM), you can acquire the security of the Ethereum network.

Contrastively, SOL blockchain uses a mix of both PoS and PoH mechanisms. This helps in improving its security and making it decentralised. Moreover, it is stateless and uses eight different technologies, making it more customisable and scalable. However, it still faces issues like network outages and security. Moreover, Avalanche has a slight edge for decentralisation, as it has a Nakamoto coefficient of 26, whereas SOL has only 19. 

## AVAX vs Solana Tokenomics

Avalanche token has a total supply of 720 million tokens, and 220 million are currently in the market. Half of the supply is in the genesis block, while the other half will be minted over time. Comparatively, SOL's total supply is 511,616,946, out of which 348,706,462.29 are circulating. Moreover, Avalanche has a better Total Value Locked (TVL) in DeFi protocols of 11.21bn, whereas Sol's is around 6.88bn. 

In terms of price, [SOL (46.25)](https://coinmarketcap.com/currencies/solana/) is currently performing slightly better than [AVAX (29.50)](https://coinmarketcap.com/currencies/avalanche/). Solana's NFT marketplaces and DeFi projects make it a more valuable ecosystem than Avalanche, which is still evolving. 

## Efficiency and cost 

Avalanche can handle up to 20,000 transactions per second. In comparison, SOL has the potential to complete 65,000 transactions in the same period and has better throughput. Nonetheless, both options have a higher speed than Ethereum.  

In addition, SOL is also a better choice in terms of cost. The average transaction fee for SOL is only $0.00025, making it the most cost-effective ecosystem. However, AVAX is not too expensive and costs only $0.005 to $0.05. 
Bottom line

AVAX vs Solana: Which one is the best? Both cryptocurrencies are cost-effective, scalable, and efficient replacements for Ethereum. Yet, both have some favourable and unfavourable factors. 

AVAX is better than SOL in terms of decentralisation, security, and TVL. Whereas SOL transactions are faster and cheaper. It also has a growing community, NFT marketplace, and number of DApp projects, making it more performant than AVAX. 




AVAX vs Solana: Which crypto is the best buy?

What is Solana (SOL)? It is a protocol that enables the creation of blockchain applications with scalability. This means that developers can use it under their own brand to create applications. And due to its scalability, it can manage a large volume of transactions without any issues.

The Solana price is currently hovering around the 33.36 GBP level, this project is undergoing numerous exciting developments. SOL can be purchased at spot GBP price on any of the [major UK exchanges](/news/article/best-exchanges-for-crypto-uk).

This post will examine SOL in greater detail and explain whether you should consider investing in it!

## What is SOL?

It is a project that wants to [scale blockchain protocols](/news/article/solana-price-uk) so that they can handle real-world applications. The team behind Solana appears to have a lot of experience in both the traditional financial sector and technology.

So, SOL is a new cryptocurrency created to help make the technology more accessible and user-friendly. The Solana coin protocol allows developers to create and launch their blockchain-based applications on a white label basis. 

They can use SOL to power their applications without worrying about the underlying infrastructure. In addition, Solana can be used to pay for transaction fees and other costs associated with using the latest technology. 

## What are the use cases of SOL?

•	It can be used to produce and manage digital assets.

•	Developers can construct decentralized applications (dapps) using SOL.

•	On its platform, it can be used to pay for goods and services.

•	Participating in the platform's consensus mechanism enables users to earn interest in their SOL.

•	SOL can be traded for other cryptocurrencies or fiat money on exchanges.

In addition, SOL provides [many features and benefits](https://www.cryptonewsz.com/forecast/solana-price-prediction/) that make it an attractive option for developers looking to create and launch their decentralized applications.

## Bottom line

SOL is a scalable protocol that facilitates the creation of decentralized applications by programmers. The protocol employs a one-of-a-kind consensus mechanism to achieve high transaction throughput without compromising security.

Additionally, it features a native token, SOL, which can be used to pay network transaction fees. The protocol is open source and available for white label use by anyone.


The Solana blockchain & current price in GBP

Solana wallets are experiencing a severe cyberattack that has nearly drained $8 million. A leading [SOL-based NFT](/news/article/solana-nft) marketplace, Magic Eden has sent an alert to its users to cancel permission for dubious sources. The marketplace has pointed out that there has been a widespread exploit on the SOL blockchain. 

## Solana wallet funds being transferred to unspecified addresses

Many Solana wallet holders are reporting a loss of funds on Twitter. The funds from these wallets are being transferred to an unspecified address. However, some users have claimed that the wallet where all the SOL funds are drained is “Htp9MGP8Tig923ZFY7Qf2zzbMUmYneFRAhSp7vSg4wxV”.

![solana wallet 1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/solana_wallet_1_91ef2d1dd4.png)

Mainly, the hot wallets are being targeted. Therefore, the hot wallets on Phantom and Slope are at the risk of being hacked and drained. So far, these wallets, including Magic Eden, are the firms that have reflected on this hack.

[Phantom](https://twitter.com/phantom/status/1554626111535026177) has ensured that it is working with its team to gather the information regarding the hack. Also, it has clarified that the hack is ‘Phantom-specific’. Likewise, Slope commented on the hack and said its team is working to identify the issue. Moreover, Slope is also updating its users regarding the developments. 

On the other hand, Magic Eden has also confirmed the breach in the SOL blockchain. Moreover, it has provided directions for its users to keep themselves safe from the cyberattack. Magic Eden has firstly directed to cancel permissions to unverified sources. Secondly, the marketplace has suggested transferring the Solana wallet funds to either a new or cold wallet. 

![solana wallet 2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/solana_wallet_2_bd3fd1d4cc.png)
 
[Source](https://twitter.com/MagicEden/status/1554620084831674370)

## What’s the issue?

Though there is limited information regarding the breach, some speculate it to be a ‘supply chain issue’. PeckShield, a blockchain investigator, has pointed out that the supply chain has been breached before to steal the private keys. This could be the reason behind the Solana wallet hack that transferred funds to an unknown address.  



Cyberattack on Solana wallets drained $8 million

## Here, we rank the top 5 Solana NFT marketplace options based on their unique specs. Find out the pros and cons of each of them below!

Ethereum has shaped and dominated the non-fungible token (NFT) market for years. It is considered a pioneering blockchain for these digital assets. But lately, its dominance is shrinking with the availability of more efficient blockchains.

Solana now has become an increasingly popular alternative to Ethereum. It is much faster and requires low transaction fees. That’s why many NFT marketplaces have already emerged for Solana NFTs. Besides,[ these marketplaces](https://decrypt.co/101342/solana-overtakes-ethereum-daily-nft-trading-trippin-ape-tribe) are even overtaking Ethereum in NFT trading.

If you're looking to explore Ethereum alternatives for minting NFTs, you can review the best Solana NFT marketplace options here.

## What Distinguishes Solana from Ethereum?

Before we review the best NFT marketplaces based on the Solana blockchain, we must understand how Solana differs from Ethereum. Here’re the key differences:

1.	Solana can handle 65,000+ transactions in a second, much faster than Ethereum’s limit of 30 transactions per second.

2.	Solana blockchain offers much lower transaction fees in comparison to Ethereum.

3.	Unlike Ethereum’s Proof-of-Work (PoW), Solana operates with a mix of both; Proof-of-History (PoH) and Proof-of-Stake (PoS) mechanisms. This makes the systems energy-efficient and less harmful to the environment.

## Five best Solana NFT marketplace

Across the wide range of NFT marketplaces, you can review the best NFT marketplaces based on the Solana blockchain here!


## 1) Magic Eden

Magic Eden is one of the most well-reputed Solana NFT marketplaces. It allows the trading of Solana NFTs with a low transaction fee of only 2%. It also ensures an efficient transaction process. Besides, if you make a sale on Magic Eden, you can instantly set out your royalties.

Currently, Magic Eden is only approving limited projects to maintain quality. It’s quite an intuitive platform that works with every Solana wallet. The platform also runs a unique collection called Magic Ticket for showcasing its digital assets. Also, it has a separate NFT gaming section, where you can create different in-game objects.

### Pros

•	Low transaction fee

•	Compatibility with nearly all Solana wallets

•	Gaming section


### Cons

•	Approves lesser number of projects


## 2) DigitalEyes

The first NFT marketplace for trading Solana NFTs is DigitalEyes and comes second on our Solana NFT marketplace rankings. It is another popular platform where you can trade your SOL-based NFTs with ease. The platform offers various NFT collections, and if you become the first buyer of any NFT, you can earn profit through its resale.
Moreover, the platform has a mint calendar that gives you updates for the coming NFTs. It creates anticipation for the projects and allows buyers to learn about the upcoming NFTs. However, DigitalEyes charges you a slightly higher transaction fee of 2.5%. An additional fee is payable for royalty on this platform.

### Pros

•	Variety of NFT collections

•	Supports numerous Solana wallets

•	Easy-to-navigate


### Cons

•	Slightly higher transaction fee (2.5%)

•	Extra fee for royalty


## 3) Metaplex

Metaplex can be a good option if you don’t want to list your SOL NFTs on competitive marketplaces. This platform allows you to design your own storefront to market your NFTs. Because of that, you don’t have to follow the set criteria of a platform and enjoy the freedom to showcase your collection as you like.

In addition, you can trade NFTs on this platform via this decentralised platform. Your marketing fee will also reduce as you trade more NFTs. Unlike most marketplaces, Metaplex provides numerous incentives to NFT creators. This is why it has become an affordable option for marketing your collection. 

### Pros

•	Allows separate and creative storefronts

•	Give incentives to NFT creators

•	Secure transactions

•	Affordable marketing cost


### Cons

•	Supports fewer wallets

## 4) Solanart

Among the best marketplaces based on Solana, Solanart is another popular name. It is the biggest Solana NFT marketplace in terms of the collections it offers. The platform features an array of diverse Solana NFT projects. Among them, the notable ones are Aurora and Degenerate Ape Academy.

Other than the collections, Solanart also ensures efficient transactions. Besides, you can integrate any of the Solana wallets with this platform. However, Solanart has one disadvantage: the high transaction fee. It charges you around 3% on each NFT trade, which is higher than most other marketplaces. As an NFT creator, you’ll also have to bear the additional royalty charges.    

### Pros

•	A diverse range of Solana NFT projects

•	Smooth and secure transactions

•	Integrates with most of the wallets

•	Intuitive interface

### Cons

•	Charges 3% transaction fee

•	An additional royalty fee for NFT creators

## 5) SolSea

SolSea is one of the most used Solana NFT marketplaces, as it supports both creators and buyers. The platform features many creative NFT projects that have earned great recognition. Moreover, SolSea features NFTs that support SPL (Solana Program Library) tokens and provide rarity rankings, too.

It is easy to navigate and allows the effortless integration of artwork licences to your NFT collections. It also offers numerous handy features like the SolSea calendar that reminds you of the upcoming NFTs, and for managing finances, there is MoonPay and FXT-pay.

However, SolSea is quite expensive in terms of the transaction fee. It charges 3% on each transaction and an extra royalty fee from NFT creators. Nonetheless, the features it offers justify the high prices.

### Pros

•	Effortless licence integration

•	Rarity rankings

•	SPL compatible NFTs

•	MoonPay and FXT-pay

•	Reminders for upcoming NFTs


### Cons

•	3% transaction fee

•	Royalty fee

## Final Thoughts

The NFT market has been shaped and ruled by Ethereum since the beginning. Though it still holds a large market share, few other blockchain-based marketplaces are also emerging. Among them, Solana is the leading blockchain as it offers faster transactions with lower fees and has energy-efficient systems.

In this article, we reviewed the best NFT marketplaces based on Solana. According to our rankings, Solana NFT marketplace Magic Eden can be the ideal choice for you. It charges much less for transactions and can be integrated with many Solana wallets. Moreover, DigitalEyes, Metaplex, Solanart, and SolSea are also worth exploring marketplaces, as they make up our list of the top 5 Solana NFT marketplaces till today!



Review the Best Solana NFT Marketplace Options

If you're a fan of non-fungible tokens (NFTs), you're in for a treat! There are many upcoming Solana NFT projects to watch out for.

## Using Solana for NFTs

Solana is a blockchain with a significant NFT sector. It is considered useful to create a safe and secure environment for artists to sell their work and buyers to complete their purchases.
It also has lower transaction fees than Ethereum.

## About NFTs

Non-fungible tokens (NFTs) are unique digital assets used to represent ownership. Unlike traditional cryptocurrencies, which are fungible and can be exchanged for other currencies or goods, each NFT is unique and cannot be replaced by another token. This makes them ideal for representing digital art, collectibles, or game items.
Recently, the Solana Foundation announced plans to launch a new NFT standard, which will make it easier for developers to create and issue NFTs on the Solana blockchain. This is just one of many upcoming Solana NFT projects that could help boost the adoption of this emerging technology.

## Upcoming Solana NFT Projects

Here are some of the upcoming NFT projects that are being built on Solana:
- [Decenturion](https://www.coingecko.com/en/coins/decenturion): Decenturion is a decentralised autonomous organisation (DAO) that is based on the principles of blockchain democracy. It is one of the first DAOs to utilise NFTs as a means of governance, and it plans to use Solana to issue its own currency, the Decenturion Dollar.
- Aquarius: Aquarius is a platform that allows users to buy, sell, or trade digital collectibles. It plans to utilize Solana to issue NFTs that represent unique collections of digital art, music, and other media.
- DTube: DTube is a decentralised video sharing platform powered by the STEEM blockchain. It plans to migrate to Solana to take advantage of its faster transaction speeds and lower fees.

These are just examples of the many projects that are being built on Solana. With its support for [NFTs](/news/category/nft-news), Solana is quickly becoming one of the most promising platforms for decentralised applications.


Upcoming Solana NFT Projects

In blockchain and crypto, there's always a battle raging. So, lets look at Solana vs Ethereum.
There has been competition between networks, and crypto coins, since the craze around decentralised applications (DApps) and non-fungible tokens (NFTs) in 2021.

While the 2020 DeFi summer depended on Ethereum as the primary driver, 2021 witnessed the peak of other crypto coins, like Solana, featuring higher trade speeds at reduced expenses. This was something that Ethereum aspires to accomplish using its Ethereum 2.0 upgrade.

While the two blockchains have their own particular fans and investors, Ethereum turns out to be leading as a blockchain that delivers a much more transparent and developed space for DApps. But, undoubtedly, the two have their own significance and differences that cannot be ignored.

This article examines the significant differences between the two blockchains. We explain the working model, each blockchain's core attributes, and the developing DApp ecosystem on each.

Let's proceed with the significant differences and attributes Solana and Ethereum offer.

## Working Model

One of the critical factors that differentiate Ethereum from Solana is the working model. Each has a distinct working technology operating at its core, and each has distinctive ways of solving the issues around scaling. This section of the article looks at the technology driving the two blockchains.

## [Ethereum](/coins/eth)

### Working Mechanism

Ethereum operates on Proof of Work (PoW) mechanism, the same as used by Bitcoin's blockchain. The network is secured by hundreds of thousands of miners who partake in the operation of consensus by "risking" their computing power/hardware. This ensures that the network stays decentralised and that the barricade to enter the network is high. It also reduces network performance as it cannot process many transactions per second.

### Stateful Design

The next point separating Ethereum from Solana is its "stateful" nature. It implies that all the trades on the network are documented in one state, and if any new trade ensues, then the complete network (or all the miners) has to update its network document to reflect that new trade. This process is expensive, so Ethereum 1.0 is deemed slower than other 'stateless' blockchains like Solana.

## Solana

### Working Model

Unlike Ethereum, Solana operates on the Proof of History (PoH) working model. The model needs a series of computational actions that cryptographically define the time course between two events. This is done by adding timestamps to all transactions and following each order. This type of order sequencing is significantly distinct from that in Bitcoin and Ethereum, where their transactions are not set in a timely order.

### Stateless Design

The other significant difference between Ethereum and Solana is that Solana has a 'stateless' design. As already mentioned, this enables a decrease in across-the-board memory consumption. Since the complete state of the network does not require an update for each transaction, they can be efficiently carried out sequentially. This makes Solana highly scalable.

## Features and DeFi Ecosystem

Every blockchain has some outstanding features that set it apart. Decentralisation is undoubtedly something Ethereum has always focused on compared to Solana's focus and has driven to accomplish that through its operational technology.
Talking about the DeFi ecosystem, Ethereum is much older than Solana in the market. Solana is constantly working on its marketing strategies to draw more investors towards its network, but Ethereum stays ahead because of its market hold and the trust gained over time.

Let's dive in to understand better the Solana and Ethereum features and the DeFi ecosystem.

## Solana

Solana's critical selling point is its power to process a block every 400 milliseconds and document 60k transactions every second. These key features independently make it one of the speediest working layer-one blockchains. Further, it has numerous features that drive it to stand apart. Let's discuss some of them.

### Enhanced Transaction Speeds

Solana operates on Tower Byzantine fault tolerance (BFT), an ad-lib version of pBFT (practical Byzantine fault tolerance). This terminates the requirement for nodes to communicate in real-time, enhancing overall efficiency.
Additionally, Solana operates on Gulf Stream, a mempool-less transaction forwarding standard that pushes the transactions to the network's edge. This allows network validators to carry out transactions earlier than expected, encouraging the network to process over 50,000 transactions every second (TPS).

### Improved Scalability

A critical element that drives Solana to stand apart from its opponents is that the blockchain is scalable at its ground level; it does not need layer-two solutions to boost scale. A vital blockchain component that assists in this scalability is the Turbine block propagation protocol. It enables splitting data into small fragments, making it manageable to share it across the network. Sealevel also helps in the processing of transactions across GPUs and SSDs.

Together, these features make for a positively scalable, efficient, and cost-effective blockchain.

### DeFi Ecosystem

Solana's DeFi ecosystem is still at its developing stage, with diverse DApps being launched on the platform. This results from comprehensive hackathons and other marketing techniques the network has utilised to draw a broad user base. The blockchain has more than $12B in total value locked (TVL) across all its DApps.

One of the significant DApps on Solana is Raydium, an on-chain ordering book AMM that enables users to conduct transactions. Since launching in April 2021, it has collected over $1.8B.

## [Ethereum](/coins/eth)

Ethereum's strong point is its decentralisation. However, it lacks the power to process a vast number of transactions per second. The barricade to enter and become a validator is not too high, creating a trustless, decentralised network. To reimburse for the scarcity of scaling attributes at the native blockchain, layer-two solutions deliver evolved scalability and throughput.

### Technology

Turing-complete language is one of the critical elements of Ethereum, specifically at the time of its launch. This means that it can sustain a variation in programmability, enabling the creation of diverse smart contracts. Thus, it utilises Solidity as its ground programming language for coding smart contracts.
Ethereum was one of the first blockchains in designing decentralised on-chain smart contracts.

## Stablecoins

Stablecoins are the drivers of decentralised finance (DeFi). See them as regular currencies like USD. The only distinction is that stablecoins are cryptocurrencies that designate one unit of standard fiat currency — a cryptocurrency secured to a fiat currency. Since all major cryptocurrencies are highly volatile, having a type that stays secured to one unit of a standard fiat currency makes sense. Stablecoins do a flawless job in accomplishing that. 

## DeFi Ecosystem

Sushi was the first DApp on Ethereum. It is one of the largest order, bookless, peer-to-peer cryptocurrency trades that gives investors the power to buy/sell their desired tokens easily. It has seen a massive performance since its launch in September 2020.

Apart from Sushi, Compound was one of the primary DApps behind the DeFi summer of 2020. It is a lending medium on Ethereum that witnessed massive growth in its borrowing volume.
Ethereum, older in the market than Solana, has a more extensive investor base which finds Ethereum a promising investment for funds.

## Solana vs Ethereum. Who Holds the Crypto Power?

On one hand, the Ethereum network has over 7,000 nodes and 90,000 validators and has a market value of almost $400 billion. Yet, Ethereum 1.0 lacks scalability and is comparatively more expensive than its competitors, Cardano and Solana.
However, the blockchain is ready to launch its upgraded version, Ethereum 2.0, which is anticipated to solve all the cryptocurrency problems, especially its scalability issues; the number of transactions per second. 

Talking about Solana, it possesses 600 nodes and around 1,000 validators. According to the recent data available on Solana's website, it is presently [hosting around 340 apps](https://solana.com/ecosystem). Meanwhile, Ethereum has more than 3,000 Dapps operating on its network.

So, coming back to our question, who holds the crypto power, Solana or Ethereum? Solana has high scalability features and excellent marketing techniques to acquire investors. Ethereum has the first-mover benefit and enjoys the advantages of network effects.

Ultimately, Solana has room for development, but, certainly, Ethereum holds the crypto power. It has too much momentum, especially when it comes to DeFi Applications. Ethereum, though it lacks some cryptocurrency features, holds the second-largest cryptocurrency market cap and investors find the blockchain promising for their returns.
However, Solana is expected to shine in the fast-growing NFTs market. 

It is one of the best-designed cryptocurrencies, and it remarkably performed well when the significant cryptocurrencies fell 10-15%, which is outstanding for a crypto coin.


Solana vs Ethereum: Who Holds the Crypto Power?

If you're wondering what's the best crypto to buy and hold, we've put together some analysis to help your research.

Buying and holding cryptocurrency could be a great way to be financially independent and beat inflation. It could also give you total control over your financial portfolio.

Owning crypto that constantly increases in value is every investor's dream. But, the market for crypto is highly volatile and things change so fast that while some cryptos gain over time, the opposite happens to other cryptocurrencies.

But being a keen investor involves making big bets on the future, which consists of investing in cryptos that can stand the test of time.

If that's your goal, there are cryptocurrencies you can buy now which are tipped to increase in value in a decade. Here are some experts have predicted could go 'to the moon'.

## [Cardano](https://cardano.org/)

Cardano is the ninth most popular cryptocurrency, with a market cap of about $32 billion. Cardano is an environmentally friendly coin compared to others that require a high amount of energy, electricity, and hardware to mine. Miners update the blockchain using coins they own.

This matters because governments and even crypto enthusiasts and investors scrutinize the effects of Bitcoin mining on the environment. Looking for innovative ways to tackle the impact of crypto mining is becoming crucial and could make the 'cleaner' tokens, like Cardano, a better long-term bet.

## [Solana](https://solana.com/)

Solana's value could increase in the coming years for many reasons. One reason is a new feature released by Solana that investors and enthusiasts are keen on; Solana Pay. Solana Pay supports decentralized P2P payments and aims to support payments with traditional currencies like the US dollar.

That feature gives Solana an edge over other competitors. Solana is the seventh most popular crypto with a market cap of $35 billion. 

## [Ethereum](/coins/eth)

Ethereum is not a new name in the crypto industry; it's the second most popular crypto in the crypto market. The new Ethereum upgrade Eth2 has garnered much interest among investors and enthusiasts due to upgraded security and scalability. This upgrade and the blockchain's role in smart contracts and NFTs could secure rising values for Ethereum in the coming years.

## [Bitcoin](/coins/btc)

Bitcoin is the most popular cryptocurrency; it's a good asset for investors. Generally, Bitcoin is the first choice when investors plan to buy and hold.

As more businesses accept crypto as a means of payment, it increases in popularity. Companies like Microsoft, Tesla, and PayPal have started accepting Bitcoin as a means of payment. It has been a performing asset for more than a decade and as general acceptance and use increase, it could be worth adding to your investment portfolio.

## Final Thought

Crypto is worth investing in; there are thousands of cryptocurrencies in the market, so choosing the right one is essential.



Best Crypto to Buy and Hold? Here Are Some Thoughts 

Are you looking for the Solana price? The UK market views can be informative.

The term 'solana price uk' is a hot phrase on Google, and here's why.

The [Solana](https://solana.com/) price (UK and elsewhere) has performed exceptionally well since its inception in 2019. However, that doesn't imply you should get in and invest right away.

Instead, think about the potential rewards as well as the risks before investing any money.

## A Little Knowledge on Solana

Solana was created in 2019 to address the shortcomings of traditional blockchains such as [Ethereum](/coins/eth). This means providing network users with a blockchain ledger that is faster, cheaper, and more scalable.

For example, even though Ethereum is the world's second-largest cryptocurrency and the de-facto smart contract system of choice, it can only handle 15 transactions per second. This is just too inefficient to be used as a worldwide blockchain network. On the other hand, Solana is said to be capable of processing over 65,000 transactions per second.

Another reason for Solana's popularity is that the blockchain network can process transactions in as little as 2-3 seconds, compared to the 13-15 seconds for Ethereum. Furthermore, although Ethereum transactions are notorious for having high costs when the network is busy, Solana transactions are lower cost.

Based on these performance-driven measures, many market observers predict that Solana will one day overtake Ethereum in terms of market valuation and global acceptance. Solana, like Ethereum, has its own native cryptocurrency token, SOL, which trades on exchanges.

### So why is 'solana price uk' such a popular search term?

Interest in Solana grows, despite its volatility. However, many crypto traders are sceptical about Solana's winning streak and are hesitant to buy it. Below are some of Solana's advantages and disadvantages to help investors decide whether Solana is a suitable investment for 2022 or not.

## Disadvantages 

1.	Unstable network: The investor community in Solana is still in its infancy. Investors may be hesitant to choose SOL over Ethereum because it is less well known. When the Solana Foundation confirmed its network was experiencing instability, the crypto's reputation took a knock. Because crypto investors value trust, this flaw sets SOL apart from its competitors.

2.	Inflation: Cryptocurrencies rose in popularity in 2020 for various reasons, one of which was to use them as a hedge against inflation. Most cryptocurrencies have a fixed limit on the number of coins that will ever exist. However, Solana does not have a consistent supply of currency. The designers started boosting the annual supply of SOL tokens by 8%, which means that the inflation rate will reduce by 15% until it reaches 1.5 percent, which will stop decreasing.

3.	Solana isn't decentralized enough: While some crypto enthusiasts claim there aren't many drawbacks to investing in SOL, this cryptocurrency element is widely regarded as its most significant drawback. The ETH network currently has approximately 200,000 validators, while the Solana network has only 1,000 validators. The more validators there are, the more secure the network becomes.

## Advantages

1.	Solana has the third-largest features market: Solana has the third-largest open interest in futures contracts, the most crucial measure in derivatives contracts. Regardless of its current trading capacity, the aggregate derives the total number of contacts stored on its network by market players. Open futures interest has maintained its previous levels despite a steep drop in price in early November.

2.	NFTs and Smart Contract: Over the last year, the NFT industry has exploded. Non-fungible tokens became a high-growth industry prospect, with massive sales sponsored by renowned digital artists. Solana went into the market to share the NFT alternative, taking advantage of the growing sector.

3.	There's a solid institutional attraction for Solana's ecosystem: The market capitalization of Solana is more than quadruple that of Avalanche and Terra. The last year has shown strong signs of SOL's rising investor community, and with increased investor adoption comes increased institutional adoption.

SOL's suitability for your investment is determined by your risk tolerance, asset diversification, and the amount of money you wish to invest. It's crucial to conduct research before investing in highly volatile assets like cryptocurrencies to see if they're a good fit for your portfolio.


Solana Price: UK Market View on SOL

Are you looking for a Solana price prediction for 2022, 2025, and 2030, and want to know where the price of this promising coin will go in the future?

This guide will analyse Solana’s past prices, current standings, and SOL price forecast.

Solana is a blockchain platform designed to host scalable and decentralized applications with smart contract functionality. Its native cryptocurrency is SOL and claims to provide the fastest transaction times and lower costs than its rival blockchains, such as Ethereum.

## What is Special about Solana

Solana has become one of the most highly used blockchains today, with a theoretical peak capacity of 65,000 transactions per second. It’s becoming popular due to its low transaction prices and high speed.

[The Solana Foundation](https://solana.foundation/) launched its cryptocurrency in 2020, but you might wonder why it is trending today. Solana has recently gained widespread popularity due to its incredible functionality and high usability. Its astronomical surge has attracted the attention of many investors, leaving many of us wondering about its potential.

With SOL's excellent traction and popularity, many people wonder whether the coin is a wise long-term investment or if they should get rid of what they have before it goes further down.

## Solana Price Prediction

Let’s look at our SOL price prediction and what potential Solana may have in the future.

### Solana’s Price Today

Solana is a fast and secure blockchain that provides efficient decentralized finance or DeFi solutions. Although the coin was launched in March 2020, it was only in 2021 that it found acclaim and gained popularity. Solana went from position 42 in February 2021 all the way up to rank 7 in September of the same year.

### How did Solana’s price rise so fast

Solana is a highly efficient coin. But the catalyst that made its price skyrocket is an NFT project called the “Degenerate Ape Academy”. This project had sold over 10,000 NFTs in only a matter of minutes. The minting of the Apes went without any inflated transaction fees and congested network. This allowed many people to notice it and the benefits it offers.

### Solana (SOL) Price Prediction for 2022, 2025 and 2030

At Moni Talks, we predict the future Solana price predictions by using deep AI-assisted technical analysis and collecting maximum historical data for the SOL coin. This includes Solana's past price, market cap, volume, and other factors.

### Solana Price Prediction 2022

The average price of SOL could hit ~$135 with the minimum price around $100, and the maximum price level could reach ~$170. Solana has recovered more than half of its losses for the year. So, the year-end predictions have increased closer to $200.

### Solana (SOL) Price Forecast for 2025
The average price prediction of Solana is around $358.60, with the minimum price around $348.44 and the maximum price at $430.94.

### SOL Price Prediction 2030

The price of SOL is predicted to reach a minimum value of $2,150 and a maximum value of $2,630. The average trading price of SOL is expected to be around $2,312.52 throughout 2030.

### Is Solana a Good Investment?

Solana is a fast and efficient cryptocurrency, which gives the coin an excellent chance to keep growing in the future. Its value is expected to continue expanding as high demand encourages price rise. Even if SOL doesn’t shoot for the moon as expected, there’s a chance it can still be a good investment if it doesn’t crash. Since there’s some risk to any investment, you should conduct the maximum research possible before coming to any conclusion.

More [coin news](/news/category/crypto-coin-news).


Solana Price Prediction: Will SOL Surge? 

#SOL

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