With Solana’s (SOL) impressive technical capabilities and growing ecosystem, many are wondering if SOL can breach the $260 mark and hit a new all-time high (ATH) in June 2024.
To shed light on this question, crypto experts at Changelly conducted a thorough analysis of Solana’s price fluctuations and provided their predictions in June.
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Changelly’s Price Prediction for June 2024
Based on the price fluctuations of Solana at the beginning of 2024, Changelly’s crypto experts expect the average SOL rate to be $179.21 in June 2024. This prediction suggests that Solana may experience major growth this month, as the current price of SOL stands at $169.63.
Furthermore, the experts have provided a range for Solana’s potential price movement, with a minimum expected price of $165.31 and a maximum of $193.11. While these predictions do not indicate a breach of the $260 level or a new ATH in June, they still suggest a bullish outlook for Solana.
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Solana’s Price Prediction for 2024
Looking beyond June, Changelly’s technical analysis of Solana prices expected in 2024 paints an even more optimistic picture. The experts predict that the minimum cost of Solana will be $112.78, while the maximum level that the SOL price can reach is $154.58. The average trading price is expected to be around $196.38.
These long-term predictions highlight the potential for Solana to experience notable growth throughout 2024, with the average trading price nearly reaching the $200 mark.
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At press time, SOL is trading at $169.63, having experienced a 3.2% increase in price. The cryptocurrency has shown impressive growth over various timeframes, with a 0.8% increase in the past 7 days, a 15.1% increase in the past 30 days, and a 668.9% increase over the past year.