The post Experts say this 10,000% altcoin is set to challenge Solana’s price prediction appeared on BitcoinEthereumNews.com.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Solana gains attention, many predict a price surge to $200 in Q4 2024, while presale newcomer Raboo emerges as an opportunity. As Solana (SOL) continues to be one of the most talked-about blockchain networks, many wonder if its price can reach $200 in Q4 2024. Solana’s rapid rise and impressive technological advancements, particularly its high-speed, low-cost transaction capabilities, position it for quite a rally. The Solana price prediction remains optimistic, but there’s a growing interest in newcomers. One of these newcomers is Raboo (RABT), an investment opportunity in the presale stages. Solana price prediction: Can it reach $200? It’s mid October 2024 and Solana trades at around $150, about 29591% above its all-time low. According to crypto experts SOL could even hit that $200 mark before the end of the year. The Total Value Locked (TVL) for SOL surpassed $5 billion, showcasing the network’s growing adoption for decentralized finance (DeFi) and non-fungible tokens (NFTs). The Solana on-chain data indicates an uptick in trading volume over the last week. Its 24-hour volume reached $2.3 billion. Another critical factor that drives the bullish Solana price prediction is its scalability. Solana can handle up to 65,000 transactions per second, many more than Ethereum’s 30 transactions per second.  However, hitting the $200 mark depends on favorable market conditions, like continued adoption and a broader crypto bull run. Solana must break through the critical resistance level of $160 to initiate a surge towards $200. If Q4 sees strong demand from institutional investors and new DeFi projects, there’s a possibility that Solana will meet this ambitious price target. Raboo is the newcomer with a 10,000% growth prediction While Solana’s price prediction is exciting, Q4…

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Filed under: News - @ October 18, 2024 5:19 pm