Solana (SOL) Price Prediction: AI Predicts SOL's Record High Price Could Hit $600 or Even Higher

Solana (SOL) is currently among the standout cryptocurrencies, recording significant buy pressure as the token seeks to breach new highs.

Solana (CRYPTO: SOL) is currently experiencing a surge in buying pressure, which has propelled the token to become the fourth-largest cryptocurrency by market capitalization, surpassing Binance Coin (CRYPTO: BNB).

According to the latest data, Solana had a market cap of $87.05 billion at the time of writing, while BNB's market cap stood at $86.22 billion.

The recent buying pressure has also helped Solana's price to rally to around $186, showing an increase of over 2% in the past 24 hours. The token is now targeting the $200 mark after clearing the $180 resistance zone.

Over the past week, Solana has also seen a significant rise of over 10% in its price, further highlighting the bullish momentum.

With Solana's price continuing to rise and showing no signs of slowing down, the focus is on how high the token will go. In this regard, Finbold used OpenAI's latest artificial intelligence (AI) tool, ChatGPT-4o, to analyze the next potential record high price for SOL.

AI predicts Solana's record high price

In predicting the next Solana price, the AI tool suggested several potential scenarios that could lead to SOL reaching new record highs.

ChatGPT-4o predicted a possible 50-100% increase in the next few months if Solana continues its bullish momentum. This projection would put SOL's price in the range of $280 to $375, assuming favorable market conditions and sustained investor confidence.

Moreover, the AI model highlighted the impact of major partnerships and increased adoption in decentralized applications (dApps), decentralized finance (DeFi), and non-fungible tokens (NFTs). In such a scenario, Solana's price could surge more substantially, reaching between $400 and $500. The integration of Solana's blockchain technology by major corporations and financial institutions could be the catalyst for this leap.

Furthermore, positive market sentiment and a rise in institutional investment are other critical factors identified by AI. If the overall crypto market experiences strong bullish trends and increased inflows from institutional investors, Solana could see a dramatic rise, potentially aiming for $500 to $600 or even higher.

It's worth noting that ChatGPT-4o also acknowledged Solana flipping Binance Coin in market capitalization, which signifies a major shift in the crypto landscape.

Crypto expert takes on Solana price

Other analysts are also complementing this projection, with some suggesting that SOL is destined to hit new highs.

For example, as reported by Finbold, cryptocurrency expert Ali Martinez believes that SOL is set to deliver on its bullish promise. He noted that chart patterns suggest the token could now rocket to $1,700.

Overall, if Solana maintains the current bullish momentum, the token could easily target the $200 resistance zone on the way to a new record high.

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