Solana (SOL) has been gaining traction in the crypto market, with a well-known crypto analyst suggesting that it is a prime opportunity for long-term investors. The analyst, Inmortal, has forecasted a target price of $250. CoinShares’ crypto fund report also highlights Solana’s consistent institutional inflows, with $31 million attracted in 2023 alone.AI-based price prediction algorithms on the cryptocurrency tracking platform CoinCodex have projected Solana’s price to reach $39.73 by December 31, 2023, suggesting a potential increase of nearly 65 percent from its current price. Another crypto analyst, Crypto Tony, has given a $100 price target for Solana by the end of this week, which would be a 300 percent gain from the current levels.Coinbase is regulated by the SEC and FINRA in the USA, and by CySEC and FCA in Europe. Investors can buy Solana (SOL) quickly and securely with PayPal, credit card or bank transfer at eToro.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | North America |
| Countries | 🇺🇸 🇨🇾 🇬🇧 |
| Sentiment | positive |
| Relevance Score | 8 |
| People | Inmortal, Chris Burniske, Crypto Tony, None |
| Companies | SEC, Coinbase, FCA, CySEC, FINRA |
| Currencies | US Dollar, Solana, Ethereum, Bitcoin, Euro |
| Securities | None |
