- Top Solana could potentially rise to fivefold by the end of the year 2025 due to the superior technology and an advanced decentralized finance industry.
- Experts are recommending changing their portfolios to include Solana and Sui Network, and ‘forget about Ethereum, Cardano, and Polkadot.’
- Sui Network (SUI) is slowly emerging as one of the leading Layer 1 blockchains expected to overtake Cardano in terms of market capitalization while bringing new-generation dApps to the market.
As the cryptocurrency market gets closer to the distribution of assets from the FTX failure, some experts are advising investors to adjust their portfolios. This is especially true as it concerns Ether, Cardano, or Polkadot. Although these projects have defined the Layer 1 space in previous years, people are starting to look at Solana (SOL) and Sui Network (SUI) as possibly being the next leaders for the next generation of DA/infrastructure.
The Case for Solana: A Brighter Future
Solana is a Project that has been trading around $150 for over 200 days and is now ready for a new rise. Although Solana has faced consolidation in its ecosystem, the community believes that Solana’s specific technological strengths will allow it to lead the charge on “Layer 2.0.” Professionals in the industry state that factors such as the natural development of Solana and the strong DeFi position of Solana protocol could lead to a 5x expansion in Solana’s value by the end of 2025.
The primary strength that has been given to Solana, software, and the beneficial network of strategic partnerships within the blockchain space. This is argued to be capable of delivering the second internet as mentioned earlier in this paper. Furthermore, its yields on native DeFi are stated to be some of the highest in the market operated by large transactions.
Sui Network’s Increase: a Layer 1 Competitor
While Solana has taken its fair share to consolidate, now the Sui Network is getting the attention of investors, especially after its recovery phase. With Sui on the rise as one of the key Layer 1 systems, it may soon become more dominant than such platforms as Cardano in terms of capitalization and attempted control. The incentive is in the ability to become the number one choice for businesses that would like to build the decentralized applications of tomorrow.
Analysts think Sui might pull back to the $1.60-$1.70 levels before rallying past the previous record-high price of $2.30. The current period of discovery of the true price might be effective for both low-risk and high-risk investors.
The post Solana Set for Potential 5x Surge: Experts Break Down the Timeline appeared first on Crypto News Land.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed