Since it’s trading above the $150 level for the whole of November, Solana finally broke the $190 barrier last Wednesday, following the wider market trend.
But could it break even harder and hit some new heights any time soon?
According to the current market conditions and the Bitcoins’ new all-time high, Solanas’ profits are far from over, with certain predictions saying it could even reach up to $300 if the momentum continues.
The bullish comeback brought by Donald Trump’s win could further continue in November, leading the assets to new heights.
But if you’ve missed the current rally, don’t lose hope! Since there are still some available solutions if you’re hunting bigger gains.
There’s a new dog-themed project on the market that’s expected to become the next major hit once it launches the token – Shiba Galaxy ($SHIBG).
Let’s check out the details and see why!
Crypto Market Is Breaking Records – And Solana’s Leading the Way
The crypto market in 2024 has been taking off, while Solana has just been absolutely crushing it. We have seen some wild action in spring: The Solana meme coins went absolutely nuts, Bitcoin ETFs finally got the green light, and we had the Bitcoin Halving drop.
When Ethereum rolled out their Dencun upgrade, people thought that would shake things up, but it really didn’t move the needle much on either ETH or SOL, even with fees being much lower on Ethereum and L2s – sort of ironically a boon for Solana.
Lately, the Ethereum ETF approval got many people to say that Solana may get the same treatment. SOL’s been fighting with BNB for that number three position in crypto, and there is a pretty good chance some bigger crypto investment players are going to push for both to get ETF status.
If an ETF lands with Solana, you can bet your bottom dollar the price of SOL would explode!
Solana Price Predictions 2024-2025
Solana’s is back in the green, breaking the $190 barrier once again on Wednesday and grabbing its spot as the 4th largest crypto with a huge $90 billion market cap. SOL has come a long way since February, when it was trading at just $100.
While it’s been following the wider market trend, it still has a long way to come close to its all-time high of $260 from November 2021. Industry specialists are feeling confident about Solana, if it just keeps the current momentum, they’re aiming for targets of $260 or even $300.
If you’re hunting for Solana as an investment, you might see some solid gains. But much better option now seems to be this new meme coin ICO – Shiba Galaxy ($SHIBG).
Shiba Galaxy is a new contender in the market that’s setting new trends with its own Layer 2 blockchain. It’s trying to solve all issues previously faced by the Ethereum-based tokens such as the original SHIB.
Let’s check out the project and see what causes the hype!
Shiba Galaxy ($SHIBG) – Trying to Fix All Problems Faced by the Original SHIB by Using Its Own Layer 2 Blockchain
The deal with Shiba Galaxy ($SHIBG) is it actually does a lot different on the wild meme coin craze. It has been built on its own Layer-2 blockchain, which, in very simple terms, means you can send it around without burning through your wallet in fees.
The whole setup lets you zip between Ethereum and its own chain without the usual headaches SHIB users are familiar with. You can get it now for just a fraction of its future price, at $0.105 per token, with the next price increase expected in a couple of hours. The whole project’s worth $30 million, which is not bad for something that actually works.
The whole point is to be able to forget those crazy gas fees and extremely slow transactions that drive everybody nuts. Whether you’re trading or building stuff on crypto, Shiba Galaxy’s got your back with a proper setup that’s working perfectly.
Shiba Galaxy’s Building the Massive Grant Program – Currently Among the Biggest APY Rewards Available
The team behind $SHIBG isn’t just sitting around and twiddling their thumbs. It has made the Builders Collective program that’s throwing grants at the development community to incentivize cool stuff being built on their L2 chain.
By offering an APY of up to 1330% apart from a bonus on staking yield, this could be the next one to skyrocket your portfolio. If passive income is your game, you can stake your $SHIBG tokens and watch the rewards roll in.
On paper, too, it makes sense. It’s got a total supply of 300 million tokens, smartly distributed between 20% to the crowd in the presale, 35% to staff and marketing to keep the lights on, 10% for liquidity, so you actually can trade the thing, 5% to the founding team, 15% to treasury, and 15% to staking rewards.
The Takeaway
Past Wednesday, Solana has soared, with its price surpassing the $190 mark once again. But there’s a new dog-themed presale on the market that’s trying to outperform it in profits, by building its own L2 blockchain – Shiba Galaxy ($SHIBG).
It looking to fix all the problems previously faced by Ethereum-based projects such as the original Shiba Inu, promising transactions up to 100 times faster than competitors, with gas fees that won’t empty your pocket.
With the next price increase expected in just a couple of hours, you should hurry if you don’t want to miss the early price before it takes off!
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article
Source: https://bravenewcoin.com/insights/solana-price-predictions-can-solana-go-all-the-way-to-its-new-all-time-high