Solana (SOL), the Ethereum killer, has shown poor market performance lately after soaring on Ripple's SEC win. Currently, analysts have made predictions on the token's likely price for the end of the year. Meanwhile, a new project is taking over the crypto space. The project called Everlodge aims to bridge the gap between real estate investment and the crypto industry. As a result, investors are not slowing down in the presale as they amass more tokens ahead of its launch.
Solana Price Prediction, What Do Analysts Predict? Holders Are Doubling Down On Everlodge Tokens
DigitalCoinPrice forecasts that Solana would trade at $54.68 in 2023. Everlodge investors are adding more tokens to their vault ahead of a price increase.
Solana (SOL) Price Forecast
Solana has made a recovery today as CoinMarketCap shows gains in the daily and weekly timeframe. According to CoinMarketCap, Solana is trading at $23.66. This represents a 0.67% price increase in the last 24 hours and 0.77% in the past 7 days.
However, Solana is still 90% away from its all-time high of $260.06 reached on November 6th. Besides, the bankruptcy of the FTX exchange in 2022 affected Solana’s price trajectory. Solana’s price crashed and closed below $10 in 2022.
Solana made some recovery in 2023 and reached a high of $25 at different times in February and April. However, the news of the SEC’s lawsuit caused a downturn. As a result, Solana reached a low of $13.38 on June 10th.
Nevertheless, analysts' predictions for Solana are still bullish. According to Techopedia, Solana will reach $14.25 by the end of 2023. Meanwhile, DigitalCoinPrice has a more bullish outlook predicting an average of $54.68 this year.
Investors Amass More Everlodge (ELDG) Tokens Ahead Of Price Surge
Just like Solana, analysts are also bullish on Everlodge (ELDG). They have predicted a 280% price surge during the presale stage. Everlodge is developing a property marketplace, which will allow users to make fractional investments in hotels, vacation homes, and luxury villas on the blockchain.
What distinguishes Everlodge from other real estate firms is its pioneering approach. It is the world's first firm to seamlessly integrate fractional vacation home ownership with timeshare and NFT technology. Furthermore, users can take advantage of additional benefits on the platform.
On Everlodge, users can trade their asset-backed NFTs on the Everlodge marketplace or any third-party ERC20-compatible marketplace. Additionally, those who buy the Everlodge token can stake it to earn monthly passive income. Furthermore, token holders will enjoy exclusive discounts when making property purchases within the marketplace.
Meanwhile, an independent firm has thoroughly audited the Everlodge platform. This guarantees the utmost security and transparency for investors. Currently, Everlodge is in the Beta phase of its presale, where the ELDG token is available at a rate of $0.01.
The team is actively striving to raise $12 million during this presale period. Looking ahead, the platform's future roadmap encompasses plans to launch the token on Tier-1 exchanges and Uniswap. This will expand its accessibility and create more trading opportunities.
Find out more about the Everlodge (ELDG) Presale Today
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge