Cryptocurrency

Solana

Bitcoin

Dogecoin

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 <p class="paragraph">Despite opening the week on a bullish note, the majority of assets in the cryptocurrency sector are consolidating their earlier gains, including Solana (SOL), but for which certain artificial intelligence (AI) algorithms predict a much brighter future by the end of this year.</p> 
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 <p class="paragraph">As it happens, the AI-driven <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> prediction algorithms over at the cryptocurrency tracking platform <em>CoinCodex</em> have set the <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of Solana at $39.73 by December 31, 2023, which would indicate a gain of nearly 65% to its <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> at press time, as per the most recent data seen by Finbold on October 3.</p> 
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  <img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh6.googleusercontent.com/pMSyz0rbSnSkZsmbznJZ3v95ymupu_43v7h5TLy1uD73JfdX-6j0tUvOyfcgNDkur0R1b9lCLM5qG0zAzatxUKGdE6Fhin-gLqzZJw2YFpT2C4lw0NZhtHGPM7tEFU-X2743H1tDjDLtjD5MqzUrr6k" alt> 
  <figcaption class="wp-element-caption"> <em>Solana 3-month price prediction. Source: </em><em>CoinCodex</em> 
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 <h2 class="wp-block-heading" id="h-solana-price-analysis">Solana price analysis</h2> 
 <p class="paragraph">In terms of its <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> at present, Solana stood at $24.08, demonstrating a decline of 0.6% in the last 24 hours, although across the previous seven days, it has accumulated a gain of 24.52%, in addition to increasing 23.23% in the past month and as much as 140% since the year’s turn.</p> 
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  <img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh3.googleusercontent.com/_UQtaLbYw8dHsBFCc5xKkMSwyfdHMeNTWXO5avOjGOZ34QvJF6fYxQwpqfUt1f56AgE0GbFsgbHFkfaCyrY4U_3Yy7lruyoeSEg_R_pp7M4bdok-VNuaU7uuP0Ysbj5cy5EM6uYsNYloy-FGNojfZNU" alt> 
  <figcaption class="wp-element-caption"> <em>Solana year-to-date (YTD) price chart. Source: </em><em>Finbold</em> 
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 <p class="paragraph">It is also worth noting that Finbold had previously reported on Solana rapidly approaching the $25.50 <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> level, from where, should the cryptocurrency surpass it, there is a strong chance of continuing the bullish move, as pseudonymous crypto market analyst <em>Crypto Tony </em>observed.</p> 
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 <p class="paragraph">Moreover, the same crypto expert had earlier predicted Solana at $100 “next week,” and while some of his followers disagreed with such a prognosis, it is not entirely impossible for the seventh-largest crypto asset by market capitalization, which had its all-time high (ATH) at almost $260.</p> 
 <p class="paragraph">What’s more, the AI algorithms also see the $100 <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> level in Solana’s future, although not as soon as <em>Crypto Tony </em>would have it. Specifically, their one-year prediction for this digital asset currently targets $107.11 – a level they expect Solana to hit by October 1, 2024.</p> 
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p> 
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ai-forecasts-solana-price-for-the-end-of-2023-tbt64912.html">https://thebittimes.com/ai-forecasts-solana-price-for-the-end-of-2023-tbt64912.html</a></p>

AI forecasts Solana price for the end of 2023

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