Solana network has one of the fastest transaction speeds and success rate when compared to its rivals. Solana ecosystem was created by Anatoly Yakovenko as solid support to the crypto industry. The Solana blockchain claims to have figured out a way to solve this problem and promises to offer faster transactions with lower fees.
The largest cryptocurrency in the world, Bitcoin, has managed to surpass the $17,000 barrier, leading the recovery bounce. The cryptocurrency market appears to be recovering. Cardano (ADA) and Solana (SOL), two altcoins that have increased 20%. Solana begin 2023 on a bright note and just a few figures away from their next bull run.
Solana's price has increased by about 70% since the beginning of the 2023 rebound rally, pushing the price up from $8 in December 2022 to the current $13. Solana closed the year 2022 with a fall of nearly 95% before bulls made their way back in 2023. Solana may increase and reach beyond $15 in the coming days, according to traders.
At the time of publication, Solana is selling at $16.38 with a surge of 22% in the last 24hrs. If Solana manages to sail across the challenges of the crypto-verse, whilst fixing the consensus issues. The price of SOL might escalate upwards of $29.4347 as per Solana price prediction from coinpedia.
Source - https://coinpedia.org/price-prediction/solana-sol-price-prediction/#h-sol-price-forecast-for-2023