Investment firm RockawayX has projected that Solana's native token, SOL, could reach $6,000 in the long term. The firm, which manages $2 billion and was an early investor in Solana, also set price targets of $900 in the short term and $2,000 in the mid-term. These predictions are based on anticipated growth in tokenized assets and protocol revenue.
Currently, SOL is priced at $195.70 with a market cap exceeding $107 billion. The report emphasizes Solana's status as the second-largest blockchain by total value locked (TVL), its high transaction throughput, and increasing adoption by major companies such as Visa and BlackRock.
RockawayX Predicts Solana's SOL Could Hit $6,000 Long-Term
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