In the recent drop, I set out to invest in a cryptocurrency that I had wanted for a while because I found Solana interesting due to its great utility in the crypto world, such as its extreme transaction speed and low fees. This is useful, for example, for decentralized applications like games and even trading platforms, as thanks to its speed and low fees, these apps can have great interactions.
In essence, the utility of Solana lies in its objective to democratize access to blockchain technology by eliminating the barriers of high costs and slowness, allowing Web3 to scale to levels of mass adoption.
Analysts have bullish price predictions for the end of 2025 and subsequent years, placing the target price in a broad range that goes from the current zone to over $400.
I believe that given the drop and since Solana is a token with considerable utility in the network, I think it is a good time to invest in it.
SOL
137.37
+3.47%