Solana over $20, $100 next?
When Sam Bankman-Fried and his FTX scandal hit the #crypto community, few people thought it would have the kind of impact it did on the price of assets, even less few people thought $SOL would plunge to the depths it did.
But given that Sam held a lot Solana and was a vocal advocate of the chain dubbed $ETH killer, perhaps the price drop was a justified reaction.
But $SOL has bounced back nicely, reaching a high of almost $30, falling back to around $12 before picking up in recent days to above 20, which it holds as at the time of writing.
Solana is a very fast, cheap and reliable network, with a lot of on chain activities and developers choosing it over its more expensive alternatives. Given itâs fundamentals, the questions isnât if it will reach $100, but when, and given the bull run, soon.