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Solana (SOL) price prediction 2022
What's in store for the price of SOL this year and beyond?
Every week we ask a rotating panel of five fintech specialists whether they are bullish, bearish or neutral on SOL for the two weeks ahead. In a separate February 2022 survey, we also asked a 33-expert panel for their long term price forecasts for the end of the year, as well as over the next decade. You can find the results for both of these surveys on this page.
Solana price prediction for two weeks' time
Each week we ask our expert panel's verdict on the Solana price in a fortnight's time. When asked this week, 1 was bullish (same as last week), 1 was neutral (down 1 from last week) and 3 were bearish (up 1 from last week) about the price of SOL for the week of 11 July 2022.
Solana (SOL) price prediction 2022
Solana (SOL) will see its value jump to US$222 by the end of 2022, according to Finder.com's panel of fintech specialists. Going forward the panel is projecting SOL to be worth around $486 in 2025, before rising to $1,267 by 2030. In fact, 10% think that Solana will be the top-performing altcoin of 2022.
Should that prediction come to fruition, that would see the value of SOL jumping 160.9% by the end of 2022 as it is currently worth $85.04 at the time of writing this (22 February 2022).
The panel is less optimistic about the future of Solana than it was in November 2021, the last time the panel were asked to give a prediction on SOL. The panel's current prediction of $486 by 2025 is a long way from their previous prediction of $1.178. Looking out to 2030, they are now much more pessimistic and forecast $1,267, a valuation roughly 4 times lower than their previous prediction of $5,057.
Private investor Veronica Mihai is one of the lowest on the future for SOL and doesn't see the coin being worth much more than it is today, predicting it will close out 2022 worth $100. Why? She sees ETH's move to proof-of-stake killing coins like SOL's value, "long term, when ETH moves to PoS, it may make Solana and other PoS coins less attractive."
Founder of CoinFlip Daniel Polotsky also gave a lower than average prediction for SOL's value in the short-term at $150 but he does see a bright future.
Solana's delegated proof-of-stake model allows for transactions to go through quickly and inexpensively. This is very important for DeFi and gaming dapps, and means that Solana has a bright future in the industry. Solana currently has over $10B locked on its blockchain, and it was designed with financial transactions in mind. As finance continues to become decentralized, Solana is poised to reap the rewards of being a blockchain that is highly compatible with this industry.
Both CEO and co-founder of CoinSmart Justin Hartzman and technologist and futurist at Thomson Reuters Joseph Raczynski have fairly bullish expectations for SOL in 2022, expecting the coin to crest $300.
However, neither of them are sold on its value long term. Hartzman points to previous issues with Solana's problems in the past as a possible issue going forward:
Solana's price action is going to be fully dependent on...well...its dependability. Solana has failed to work multiple times so far. If they don't get their act together then the developers will leave the platform. However, it should be noted that, in a very short amount of time, Solana has built an impressive NFT marketplace.
For Raczynski, he is more concerned about SOL's infrastructure and its lack of decentralisation, "The ecosystem needs diversification, while Solana is more centralized, it may serve as another blockchain to use for quick transactions that might not need to be as secure or decentralized."
Will GameFi partnerships impact Solana's price?
An overwhelming 85.19% of the panel think that Solana's GameFi partnerships with Forte, Griffin Gaming Partners and others will have a positive long-term impact on the coin's price. However, how much of an impact these partnerships will have splits the panel fairly evenly. Around a third (33%) see the move having a moderate positive long term impact, while around a quarter (26%) see it either having a minimal or significant long-term impact. Just 3.7% see it having no long-term impact, with no panelist saying they saw the move negatively impacting its price.
Meet our panel
Finder surveyed 33 fintech specialists from 6–17 January 2022. 18 panellists gave their price forecast for Solana. The number of responses received varied for each question. Panelists may own some cryptocurrencies, including Solana.
Changes to methodology: In 2021, this research was conducted using the simple mean of all answers supplied to Finder. From 2022, we switched to using the truncated mean, with the top and bottom 10% of responses removed in order to attain a more consistent result. Any 2021 results quoted in this analysis have also been re-calculated using the truncated mean.