Don't Be Stunned! Solana Will Skyrocket 20 Times?
<p> "It looks like there is potential for the price to go up, what do you all think?"</p><p><br /></p><p>Over the past week, Solana (SOL) has seen a steady upward movement as it has so far crossed $22 from $15 on June 28, 2023 while other top cryptocurrencies have been flat.</p><p><br /></p><p>That streak, veteran investor Raoul Pal recently opined that the price of SOL is not only capable of soaring but can also follow the footsteps of Ethereum (ETH) which is currently at $1,883.</p><p><br /></p><p>While SOL may not be able to replicate the performance of ETH which has rallied 47 times from its 2018 lows, the price of SOL is at least capable of jumping 20 times in the near future.</p><p><br /></p><p><br /></p><p>This is because Pal truly believes that the robust SOL protocol coupled with the significant growth in network activity and the ecosystem can make the estimate he mentioned come true.</p><p><br /></p><p>If Pal's prediction turns out to be correct, the price of SOL will cross $400 in the future and it will represent a significant increase from the previous high of $259.96, which is the level reached during the crypto market's bullish momentum.</p><p><br /></p><p>There is no doubt that there is no specific catalyst behind the current SOL price increase, but some things should be considered such as the cooperation between Coca-Cola in Serbia and the SOL NFT platform called SolSea.</p><p><br /></p><p>They have joined forces in offering non-fungible tokens (NFTs) during music events and as part of the partnership, Coca-Cola will provide 100 exclusive hoodies with NFTs to select attendees.</p><p><br /></p><p>As of this writing, SOL price has jumped by 6.74% to $22.10 in the last 24 hours with a market cap of $8 billion and has gained 15.61% over the past week.</p>
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