Should You Buy Solana While It's Under $250?
Solana (CRYPTO: SOL) was the crypto darling of 2021, gaining more than 11,000% during the year. The super-fast smart-contract blockchain exploded into the top 20 cryptos by market cap in April 2021, and it continues to shine. This January, Solana set a new high of almost $295. It traded between around $190 and $250 in September.
If you're wondering what's next for Solana, Standard Chartered analysts predicted back in May that Solana would finish the year at $275 and reach $500 by 2029. I think Solana could not only meet those targets, but also surpass them -- as long as it can continue to capture a growing portion of the stablecoin and tokenized asset markets. However, to do that, it needs stability as well as speed.
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Source Fool.com
