• Solana (SOL) has made a strong comeback in recent weeks, increasing above the $24 level
• Steve Harvey recently joined the Solana bandwagon by changing his Twitter profile to read „Solana Monkey Business NFT“
• Despite its increasing popularity, SOL’s value will not increase significantly in 2021
The cryptocurrency Solana (SOL) has been gaining momentum in recent weeks, with its cost increasing above the $24 level after suffering a severe loss of more than 60% during the FTX catastrophe. The Solana team recently disclosed in a blog post that, before pausing withdrawals, the Solana Trust had about $1 million in cash or equivalents on FTX.
The growing popularity of Solana is further evidenced by the fact that well-known American comedian and television host Steve Harvey has joined the bandwagon. In September of last year, he achieved this by changing his Twitter profile to read „Solana Monkey Business NFT.“
Despite its increasing popularity, analysts believe that SOL’s value will not increase significantly this year. Yes, it will survive the coming year, but even in 2023, we won’t get much of a return. But fortunately, the cryptocurrency industry gives us several other, much better options. We’ve had several amazing and hugely successful crypto initiatives over the last year that are worth keeping an eye on. You may now purchase those cryptocurrencies with exceptionally strong success potential at a great price because some of them have already had their presales completed while others are still in them.
Solana is one of the few cryptocurrencies that have been able to make a strong comeback despite the current economic uncertainty. While its value is not expected to increase significantly this year, the increasing popularity of the coin is certainly encouraging. Furthermore, with the recent inclusion of Steve Harvey to the Solana bandwagon, more and more people are likely to take notice of the coin and its potential. Therefore, it is a good idea to keep an eye on Solana in the upcoming months as it could potentially be a profitable investment for those looking to diversify their portfolios.