Breaking barriers and shattering expectations, Solana’s very own token (SOL) is causing a stir in the world of cryptocurrency. Just this past Saturday, its value skyrocketed to an impressive $174, reaching its peak in over a month before settling at a still impressive $166.
The sudden surge has caught the eye of top players in the industry, including Syncracy Capital’s co-founder, Daniel Choung, who boldly predicts SOL’s climb to $200 by the end of May.
Solana To Hit $200 By May
Breaking the internet with his latest tweet, Daniel Choung, co-founder of the renowned digital asset hedge fund Syncracy Capital, couldn’t contain his excitement as he hailed SOL as the star player of this market cycle. With its exceptional performance, SOL has left all other trades in the dust, according to Choung.
Choung, a renowned market expert, is boldly predicting that SOL will soar to $200 by the end of May, signaling a major comeback and potentially breaking all-time highs. This optimistic outlook is fueled by SOL’s impressive track record of steady growth and its unwavering resilience in the face of market obstacles.
Choung reveals the highly anticipated “Frankendancer” upgrade coming to the Solana ecosystem. This game-changing development is set to bring a wave of enhancements and optimizations, propelling SOL’s performance and popularity to new heights. As the Frankendancer upgrade approaches, investors are buzzing with optimism, anticipating record-breaking highs for SOL.
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Solana Emerges As Fastest Blockchain
Breaking records and blazing past the competition, Solana has taken the crypto world by storm. According to the latest data from CoinGecko, this blockchain powerhouse has outpaced all others, reaching a jaw-dropping 1,504 transactions per second (TPS) on April 6th, 2023.
That’s right, 1,504 TPS – a feat that makes even the mighty Ethereum look like it’s standing still. With a whopping 46x faster speed, Solana is leaving its competitors in the dust and revolutionizing the way we think about blockchain technology.
Polygon (MATIC), because Solana is taking the lead with a TPS that’s over 5 times faster! That’s right, this Ethereum scaling solution is leaving others in the dust. Solana’s current TPS is only 1.6% of its maximum potential of 65,000 TPS. The anticipation is building as we eagerly await the network’s upcoming upgrades and the potential for even higher real TPS.