What Can be Solana Price for Feb 2022?
From our sources, Solana price for Feb 2022 can a bit high as of January.
Following an exceptional 2021, the question now is whether Solana (SOL) will maintain its price growth in 2022, with an expected increase in the network’s use cases and adoption.
The more comprehensive cryptocurrency market slump has delayed the asset’s rise. But some in the ecosystem are anticipating an SOL price surge in the coming weeks.
SOL is expected to trade at $165 by the end of February 2022. With an increase of almost 77 percent from its present value, according to a CoinMarketCap community with an 85 percent success rate. The prediction is based on the votes of 11,456 members of the community.
Another 7,388 community members predict that SOL will rise to $166 by the end of March, up 78 percent from its current level.
Despite the general market drop, Solana had made minor gains at publication. The seventh-placed digital asset was worth $98 after gaining more than 3% in the last 24 hours.
Solana’s price has been damaged by negative comments from network users over the last few days, in addition to the broader market drop.
Solana’s traders and validators began to protest about the blockchain’s failure to complete transactions at some point.
The network’s performance was harmed, which failed several transactions. The problems have been rectified since then. However, despite Solana’s prioritization of scalability, the network error has surfaced.
The network disruptions, in particular, have raised doubts about the network’s ability to scale. Several factors could influence SOL’s price.
It’s a prediction that Polygon will go much higher than $2.82 in 2022. It is a cryptocurrency that is expected to go much higher in the future than it is today.
