hello there everyone my name is cruelo
and welcome back to my YouTube channel
now guys and girls in this video we're
going to talk about Solana is Salon I'm
about to boom and yes if yes what are
gonna be the price targets and what's
going on with Solana in general is it
really a good buy right now am I holding
Solana and what are my price targets
there are two price models that I've
developed for Solana in a more of a
long-term perspective so as an
investment like how much in my personal
opinion can Solana reach in terms of the
price in the coming months and years and
whether you know we should be hopeful
for Solana or not and we're gonna break
it apart in I'll try to do it in less
than 10 minutes but I don't promise so
anyway if you're bringing to the channel
and if you want to learn about salon and
whether you should be holding it and
what are all the worst case scenarios
and best case scenarios and with all the
explanations as to why and what's going
on with Solana then you know what to do
subscribe hit that notification Bell and
also go down below and hit that like
button very much appreciated and without
any further Ado let's just jump right
into it because we have some important
technicals that we need to cover and to
understand and then we can base some
kind of predictions based on some of the
technicals but I think that more
important obviously in this kind of an
instance is going to be the fundamentals
and the news and what's going on and
what the world is saying about Solana
currently so let's first dive into this
stuff and before we do remember guys and
gross if you want to be treating
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as well so use those links and let's
just jump into the fundamental mentals
of the current situation with Solana so
very interesting one is going to be that
the billionaire Sam bankman the CEO of
the FDX things that Selana is actually
the most underrated token and together
with all the hiccups and all so
basically what he means by the hiccups
and all is all the altages that Solana
has been having and you know it's been
getting a lot of bad press when it comes
to these you know outages so it's been a
lot of bad time for Solana unfortunately
that's why we've seen such a drastic
decline from 200 something dollars 260
all the way down to at the lowest 226
dollars but it he also says that it
makes it the most underrated token at
this point and this is what we're gonna
discover in this video guys in glue so
let's move on to the next one and we
have to Let's evaluate you know the pros
and cons of Solana for us to be able to
understand what kind of pricing price
prediction models we can actually use
for Salata and they're going to be two
and was going to be covered at the end
of the video so Selana itself is one of
the fastest blockchains as it says here
second fastest after a bit girl chain so
basically the transaction speeds are
insane somewhere from 50
000 to 65 000 transactions per second
and I mean this is absolutely incredible
and what they're using is the proof of
history and also Pol and proof of stake
at the same time both consensus
mechanisms so Solana is quite special in
this sense and it literally is one of
the fastest blockchains in the crypto
space so this is a very huge benefit of
Solana and it's going to be very
important for us to remember at this
point we're going to get to it in just a
second and let's move on to this port
right here which is also very very
important and that is uh that Solana is
literally one of the biggest for nft
space so even though ethereum is still
leading in terms of nfts but Solana is
still is like third biggest one so we
also have to remember this and when it
comes to you know the drop in the price
of Solana the actual ecosystem and the
developments and everything is actually
growing as well so this is the same as
I've actually said about cordano so if
you haven't seen my cardano video with
all the predictions I'm gonna link it up
here a very important video and by the
way guys and girls right now we're going
to talk about some bigger price models
and bigger predictions but if you want
to be trading together with us because
we're taking some smaller trades as well
and all of those you can find in my free
Discord Channel with precise entry
points stop losses take profits uh you
know and explanations as to why we're
taking something and our community is
making like really really really good
money 50 101 16 39 22 47 Etc so if you
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and it's just insane so see you there so
back to Solana and here we can see that
okay it's the fastest it's one of the
fastest blockchains it's very big in
nfts but what are going to be the
drawbacks so basically the drawbacks is
that for example number one that it has
a lot of downtime a lot of outages
that's number one and number two that is
not really decentralized so it's quite
centralized so we have to actually admit
it and when it comes to the outages and
this is also something that Sam bankman
has mentioned so the outages really I
mean they come from the fact that Solana
Network itself is really cheap to use so
because of such low transaction fees it
enables the Bots to actually create a
bunch of spam transactions and clog up
the network and Selana knows about this
and they're working on it but sadly they
haven't posted yet any you know
meaningful uh framework and any kind of
a road map and any kind of timeline as
to when that's going to be fixed so when
it comes to the pricing models and all
the price predictions that we can make
we have to look at the market cap and
where it's standing and what is even
theoretically possible so you know there
have been some crazy people who have
said that Solana has done like 22 000
gain recently you know in the recent uh
basically uh bull market right here from
one dollar to two hundred and eighty
dollars and it's done 22
000 and that is gonna do it again but in
my personal humble opinion is just
impossible and it's gonna put salon at
about four thousand dollars per coin per
token and for me it's just impossible so
when we have to when we were analyzing
as to what we can expect we're going to
use two very simple pricing models
number one being if Solana stays in the
same competition area in terms of the
market cap it's going to give us one
Target and then for the second pricing
model we're gonna take this instance
Selana is one of the leading contenders
in the smart contract blockchain space
and they're like likely to be one of the
chief beneficiaries if the ethereum
upgrades failed to deliver lower
transaction fees so this excuse you will
already know the salon is cheap to use
its Mega fast so ethereum is still you
know they did the merchant and they have
this purge merge Splurge whatever a
bunch of stuff to come and if it's gonna
fail then Solana is going to claim a lot
of the market cap from ethereum that's
for sure because you know initially it
could have been named as ethereum killer
which it's not yet but if ethereum fails
it might becomes one so therefore we
need to consider two pricing models if
ethereum fails and if it doesn't fail so
for that let's go to the chart and first
take a look at you know the worst case
scenario so worst case scenario right
now if you're gonna go to the daily
chart in the price action we're gonna
see this beautiful squeezing that is
actually finally at some point has to
break and usually again remember that
you know Solana is not going to go to
all-time high suddenly until fed pivots
until we see a recession and fed pivots
or you know until the quantitative
easing is going to start again nothing
no high risk asset we're gonna it's
gonna suddenly rally just keep that in
mind therefore we're gonna see all the
price targets and all the timelines as
to when I think is going to happen in
this instance currently I'm seeing
nothing than potential for more downside
just because of the overall Market
sentiment and us being in a going into a
recession so that if we're going to be
breaking this formation right here then
the only Target that we can really
expect is going to be somewhere beyond
even my worst case scenario which my
worst case scenario still stands at
about twenty dollars to twenty three
dollars and the reason is very simple
because we have very big let me click
Auto because we have very big important
order blocks standing right here in this
vicinity so that's why I'm thinking that
the worst case scenario is going to be
about 20 bucks for it but certainly if
you're going to be you know very
technical and believing in the price
targets of certain technicals like this
flag formation then we could actually go
and grab some liquidity even lower and
something as crazy as fifteen dollars
per one Solana but I think we're if
we're gonna go to something like fifteen
dollars We're Not Gonna spend too much
time there for sure so as for me I'm
holding a lot of Solana and I'm buying
Solana just because of all the things
that I've already mentioned in this
video but certainly it's not the only
thing I'm holding but I'm holding like
more than 20 tokens at this point but if
it's gonna go lower to like something
like 15 I'm gonna be buying like crazy
now let's talk about upside targets and
for this we need a bigger chart we need
to go to auto then remove auto and here
talk about when we're gonna potentially
see the beginning of the next bull
market the beginning of the next upside
and I think that we even if we're gonna
go down we're gonna finally enter some
kind of consolidation period somewhere
in this vicinity at the end of 2022 and
deep into 2023 before we finally start
seeing maybe quantitative easing from
the fed and finally you know some kind
of initial relief rally like real big
relief rally in the markets and that's
gonna coincide really well with uh this
line right here which is going to be the
Bitcoin hollowing so also it's going to
be a huge Catalyst event for Solana
really any top altcoin to Rally together
with all the whole cryptocurrency market
so I think that the rally itself is
going to start and you were from August
23 into probably the first quarter of
2024 this is going to be the vicinity
when we're going to start seeing some
really serious pumps and besides that uh
when it comes to the actual upside
targets here is going to be the two
pricing models and I think that we're
going to be reaching those targets and
you were starting with the second a
third quarter the fourth quarter of 2024
so the end of 2024 or at the latest
first quarter of 2026 so this is going
to be the time window I'm giving salana
to actually max out for the next vehicle
now when it comes to the prices and the
price targets so we have two options we
have option number one and then we have
the option number two which is the red
one the red is the option number two so
option number one is if ethereum
succeeds and all the stuff that they're
doing and have planned in terms of
Roll-Ups and shorting and scaling of
ethereum ecosystem and network if
everything goes well then I think that
it would put Solana in terms of their
scalability in terms of the price I
think we're gonna go anywhere from the
market cap of 200 uh 150 billion uh
there it is so right now it's at about
11 billion so it could go to something
like 150 to 225 billion dollars in in
terms of my uh you know humble pricing
model and price prediction so it's going
to put Solana in between 400 and 615
dollars at the top of the next bull
market however if this comes to fruition
and if ethereum fails and we're gonna
see a lot of capital flowing from
ethereum and into Solana and is going to
become the biggest beneficiary of the
you know failure of ethereum then the
second pricing model which is the red
one would come in very very handy so
that's why you have to pay attention to
the these events in terms of what's
happening with ethereum and I think that
this is going to give Solana at least a
potential of 25 to 45 x and put its
market cap in between 300 to 500 billion
dollars at the peak of the next bull
market which is going to put the price
of Solana in between 800 and 1400 which
I know it's very optimistic but
understanding everything that I've just
said it's more than possible so
therefore these are the two pricing
models and let me know down in the
comments if you believe in these pricing
models and what is your price target for
Solana in the next few years let me know
down in the comments I'm gonna link my
free course on crypto that I've done
right here check it out you're gonna
learn a lot and as always stay Smart
Stay Rich peace and love time scroll
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