Solana Soars: Can It Reach $100 In The Foreseeable Future?


Solana (SOL) has been going through a surprising purple patch in the last seven days.

After dropping to a measly $28, the blockchain-based cryptocurrency, at the time of writing is priced at $34.27 and there is a chance it could keep on rising until it reaches $100.

The last occasion when Solana had a price of $100 was back in April, but if there was ever a month where miracles happen, it is November.

Bitcoin peaked at $67,549.74 in November 2021 and Ethereum reached an all-time high of $4,810.07 during the same period.

Furthermore, if weird and wonderful newcomers like Big Eyes Coin (BIG) are experiencing huge amounts of success, anything is possible.

Big Eyes Coin, a cat-meme crypto, is only in stage six of its presale, yet it has raised over $9 million and already secured a Tier 1 CEX Launch for when it is officially released into the crypto market.

Therefore, with Solana regarded as the next-best cryptocurrency after Ethereum for developing decentralized applications, there is no reason why it can’t continue its resurgence to the top of the cryptocurrency industry.

Save Money With Solana

One of Solana’s biggest selling points is its incredibly low transaction costs.

It doesn’t matter if you’re a developer who is purchasing Solana to create a new decentralized application or the average crypto geek who wants to purchase the coin in the hopes of making a healthy return down the line.

Solana’s transactions are always less than $0.01 which means you won’t lose a large amount of finances unnecessarily.

In a crypto economy that is so volatile, this is especially important. Every penny counts with each investment and Big Eyes Coin is opting to provide more value to its users by donating 5% of its total supply to ocean-saving charities.

Thus, even if a business venture into Big Eyes Coin doesn’t work out, your money has still gone towards a good cause. This is similar to Solana where you wouldn’t have spent a fortune on transactions for no reason.

There Is No Crypto Speedier Than Solana

Statistically, Solana is the fastest cryptocurrency on the planet. Thanks to more than 1,900 validators, of which only 150 validators process transactions, Solana is capable of a throughput of 50,000 to 60,000 transactions per second.

This means Solana is extremely scalable. Investors can easily move Solana from one wallet to another in a bid to make as much profit as possible. And if Solana continues to increase in price, this element of lucrativeness will only get better.

However, we only need to look at Big Eyes Coin to see that lightning-fast transaction speeds aren’t everything.

Big Eyes is made on the Ethereum blockchain, slightly slower than Solana. Nevertheless, Ethereum is the most popular technology when it comes to creating attractive NFTs, which is arguably one of the main reasons Big Eyes Coin has been so successful during its presale.

Final Thoughts

Solana is on the rise and this shouldn’t surprise the crypto community. Due to its efficient and cost-effective transactions, Solana reaching $100 once again is not beyond the realms of possibility.

Besides, if new meme currencies like Big Eyes Coin are an exciting proposition, the increased interest in the crypto industry may propel more technical cryptocurrencies like Solana too.

Use the code BIG212 to get a coin bonus on your purchase.

Big Eyes Coin (BIG)




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