Skip to content

Solana Could Hit $30 as it Continues to Thrive, Here's Why

Here are all the reasons why SOL can hit that elusive $30 target

Photo by Shubham's Web3 / Unsplash

If you've refreshed your trading app at any point recently, you'll have noticed Solana making waves. Up more than 20% over the past week, the "Ethereum killer" has outperformed every other top 50 cryptocurrency.

Its total value locked (TVL) hit $338.82 million earlier this week, marking its highest since the start of the year.

But what's causing this boom and could SOL shoot even higher?

Real World (Visa) Vision

Avid readers of our daily newsletter, Blockhead Daily Digest, will already be well informed that Solana and Visa recently inked a lucrative deal to bring Visa's stablecoin settlement capabilities to Solana. In its announcement of the partnership, Visa highlighted two reasons for choosing Solana:

This post is for subscribers only

Subscribe

Already have an account? Sign In

Latest

Defining Accuracy in Blockchain Analysis

Defining Accuracy in Blockchain Analysis

A new study using real EU regulatory data finds that the multi-input heuristic can be highly accurate in some cases and completely wrong in others, raising serious questions about its use as forensic evidence.