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- The bearish scenario projected that the price of SOL could be as high as $1,000 or more by 2030.
- If the bears are proven correct, ChatGPT predicted that SOL will only see a very modest increase.
- SOL is currently trading hands at $23.21 after a 2.85% increase in price.
OpenAI’s artificial intelligence (AI) platform ChatGPT has been the source of entertainment for some and the source of fear and doubt about our future for others. The crypto community, on the other hand, saw a different type of potential when it comes to this amazing technology.
For the crypto market, ChatGPT can provide traders with a rarely seen insight into the future prices of digital assets like cryptocurrencies. Finbold, a platform that examines the performance and trends of various financial sectors, recently asked ChartGPT to provide a possible price range for the Ethereum-killer Solana (SOL) by 2030.
The AI provided the outcomes for both a bullish and bearish scenario. The bearish scenario projected that the price of SOL could be as high as $1,000 or more by 2030 .Its unique features, including its high speed, low fees, and strong development team were some of the supporting factors in this bullish prediction.
On the other hand, if the bears are proven correct, ChatGPT predicted that SOL will only see a very modest increase of around $50 to $100 over the next seven years.
SOL / Tether US 1D (Source: TradingView)
CoinMarketCap indicates that SOL is currently trading hands at $23.21 after a 2.85% increase in price over the last 24 hours. The altcoin is also still up by more than 14% over the last seven days.
SOL’s 24 hour trading volume is in the red zone and currently stands at $527,276,321 after a more than 33% decrease since yesterday. With its market cap of $8,764,357,668, SOL is currently the 11th biggest crypto in terms of market capitalization.
Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.
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