Solana

Gold

Bonk

<div class="finbold">
 <p class="paragraph">Solana (SOL) is again targeting the $200 mark as the token maintains bullish momentum amid a flurry of activities on the decentralized finance (DeFi) network.</p>
 <p class="paragraph">At the moment, Solana is experiencing a bullish bias, surging over 30% in the past month. Recognizing the significance of this movement, Finbold sought insights from ChatGPT-4o, the latest and most advanced artificial intelligence (AI) chatbot model developed by OpenAI, to decipher SOL’s next trajectory.</p>
 <p class="paragraph">Notably, ChatGPT-4o exhibits more accurate, faster, and cost-effective outcomes than other models.</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picks for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Bitcoin surge incoming? Tether mints another $1 billion USDT&nbsp; <span class="self-center text-xs text-slate-500">27 mins ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Short squeeze alert: This cryptocurrency could skyrocket next week <span class="self-center text-xs text-slate-500">59 mins ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Is Silver set to outperform Gold by 2024? <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Here are Bitcoin's new levels to watch as bulls prepare to break resistance <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <p class="paragraph">In determining SOL’s future trajectory, the AI platform identified key factors likely to its valuation through 2024. It highlighted Solana’s popularity among meme coin traders, potentially boosting its value as SOL is utilized for transaction fees and as a counter pair. Additionally, it noted advantages such as Solana’s high throughput and low transaction costs.</p>
 <p class="paragraph">ChatGPT-4o also observed that positive regulatory developments, market sentiment, and technological advancements could support <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> increases. Conversely, negative regulations might suppress Solana’s value.</p>
 <h2 class="wp-block-heading" id="h-solana-price-prediction-nbsp">Solana price prediction&nbsp;</h2>
 <p class="paragraph">Given these influences, ChatGPT-4o outlined three potential scenarios for Solana’s <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> by the end of 2024. Assuming Solana maintains its current level of popularity and experiences steady, but not explosive, growth, the tool suggested a <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> range of $200 to $250. This estimate reflects a moderate increase from the current <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a>.&nbsp;</p>
 <p class="paragraph">In a best-case scenario, where market conditions are highly favorable, the adoption of Solana increases significantly, and there are no significant setbacks; the AI tool predicted that Solana’s <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> could exceed $300.</p>
 <p class="paragraph">On the downside, if the market turns bearish or Solana encounters significant challenges, its <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> could fall below $175.&nbsp;</p>
 <figure class="wp-block-image aligncenter size-large"><img decoding="async" width="1024" height="94" src="https://cdn.thebittimes.com/images/2024/05/18/ae605bd72a7452d009987ba6e5960be0.webp" alt class="wp-image-176723" srcset="https://cdn.thebittimes.com/images/2024/05/18/ae605bd72a7452d009987ba6e5960be0.webp 1024w, https://cdn.thebittimes.com/images/2024/05/18/ae605bd72a7452d009987ba6e5960be0.webp 300w, https://cdn.thebittimes.com/images/2024/05/18/ae605bd72a7452d009987ba6e5960be0.webp 768w, https://cdn.thebittimes.com/images/2024/05/18/ae605bd72a7452d009987ba6e5960be0.webp 1127w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption"><em>ChatGPT-4o SOL price prediction. Source: ChatGPT-4o</em>
  </figcaption>
 </figure>
 <p class="paragraph">It’s worth noting that despite encountering significant challenges in 2024, Solana’s projection largely remains bullish. In particular, SOL faced a potential loss of investor interest after the project suffered one of the most significant network outages.</p>
 <h2 class="wp-block-heading" id="h-sol-s-resilience">SOL’s resilience</h2>
 <p class="paragraph">However, Solana has exhibited resilience as SOL’s value rose partly due to the popularity of meme coins launched on the network. Overall, Solana has been one of the leading platforms to record a significant launch of tokens.</p>
 <p class="paragraph">As reported by Finbold on May 15, Solana recorded the creation of 643,227 new tokens within 30 days. Out of these tokens, 466,914 were memecoins. Notably, these coins seek to emulate the popularity of other Solana-based tokens, such as Bonk (BONK).</p>
 <p class="paragraph">With the current momentum, some market players believe that SOL will soon be primed for a new record high. For instance, in an X post on May 17, Daniel Choung, co-founder of Syncracy Capital, a digital asset hedge fund, acknowledged Solana’s strong performance, noting that the token is on track to reclaim the $200 mark en route to a new record high.</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">Strength on $SOL has been incredible on this bounce – very clear this is still the best trade of this cycle.<br><br>Much more confident here on ability for SOL to reclaim $200.<br><br>Frankendancer on the horizon, which paves the way to Firedancer upgrade.<br><br>ATHs soon. https://t.co/BTKe6uDgpB</p>— Daniel Cheung (@HighCoinviction) May 17, 2024
   </blockquote>
  </div>
 </figure>
 <h2 class="wp-block-heading" id="h-solana-price-analysis">Solana price analysis</h2>
 <p class="paragraph">By press time, Solana was trading at $173.45, representing daily gains of over 3%. On the weekly chart, Solana is up over 20%.</p>
 <figure class="wp-block-image aligncenter size-full"><img decoding="async" width="675" height="550" src="https://cdn.thebittimes.com/images/2024/05/18/b78759e25f41c694e7ee9d8ff2265bec.webp" alt class="wp-image-176725" srcset="https://cdn.thebittimes.com/images/2024/05/18/b78759e25f41c694e7ee9d8ff2265bec.webp 675w, https://cdn.thebittimes.com/images/2024/05/18/b78759e25f41c694e7ee9d8ff2265bec.webp 300w" sizes="(max-width: 675px) 100vw, 675px">
  <figcaption class="wp-element-caption"><em>SOL seven-day price chart. Source: Finbold</em>
  </figcaption>
 </figure>
 <p class="paragraph">In the meantime, SOL investors will hope the token sustains the current bullish momentum and reclaims $200, which will act as an anchor to a new record high.&nbsp;</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em>&nbsp;The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/we-asked-chatgpt-4o-what-will-be-solana-price-at-the-end-of-2024-here-s-what-it-said-tbt88779.html">https://thebittimes.com/we-asked-chatgpt-4o-what-will-be-solana-price-at-the-end-of-2024-here-s-what-it-said-tbt88779.html</a></p>

We asked ChatGPT-4o what will be Solana price at the end of 2024; Here’s what it said

Table of Contents

TheBitTimes

Other articles published on May 18, 2024

Fantom Foundation Introduces Sonic Network

Top 3 Cryptos for 20x Gains

Bitcoin Poised for Bullish Breakout, Says Seasoned Crypto Trader, Aims For 25% Rally

Cryptocurrency Revolution in Asia: Companies Announce Plans

Why Did OpenAI Researchers Resign?

Bitcoin Investors Are Rushing to These Altcoins

Join our free newsletter for daily crypto updates!