A recent report suggests that Solana's price could reach $3000, but it faces challenges due to its lack of first mover advantage and major selling point.
A $3,000 price tag means Solana would have to achieve a $1.25 trillion market cap . Bitcoin peaked at $1.22 trillion at the height of the previous bull run, hence SOL’s trajectory is not an impossible feat.network has recently been receiving more attention. This is not by chance, but rather due to the fact that the network has been aggressively building in preparation for the next major rally.
Solana has thus been experiencing healthy growth thanks to the focus on developments. It also owes that growth to the growing number of protocols that have constituted its ballooning ecosystem. A recent Messari post offered a glimpse at the key areas that have been fueling Solana’s growth. Consumer apps, liquid staking tokens, derivatives, and lending tokens are among them.The aforementioned areas support the likelihood that Solana will experience robust growth moving forward. That growth could trickle down intoBut just how much of an impact will it have in the long term? A recent report by an asset management firm called VanEck suggested that SOL’s price could rally above $3000.
Solana Price Rally Asset Management Firm Market Cap First Mover Advantage Selling Point
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