As positive sentiment in the cryptocurrency market returns, Solana (SOL) has stood out with daily and weekly gains, significantly increasing its price and market capitalization, leaving many wondering what the digital asset is worth.. How much will this digital currency be worth in the coming years?? ..
Indeed, Solana has gained nearly 12% on its price over the past 24 hours while adding $2.3 billion to its market capitalization over the previous seven days, from $8.89 billion on October 13 to $11.19 billion at press time (up 25.87%), according to the latest chart information from Finbold and CoinMarketCap as of October 20.
It's worth noting that artificial intelligence (AI) algorithms deployed by crypto analytics website CoinCodex are also bullish, showing that the seventh-largest digital asset by market capitalization will trade at $36.72 in six months (up 36.56%) $112.40 on October 18, 2024 (up 318.33%) and to $64.15 on December 31, 2025, up 138.57% from current price.
Indeed, part of the optimism that has boosted Solana's price, along with other cryptocurrencies, is the recent decision by the US Securities and Exchange Commission (SEC) to drop all charges against Ripple executives, signaling a positive change in the regulation of the cryptocurrency market as a whole.
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