InvestAnswers
https://www.patreon.com/InvestAnswers #Solana #SOL #SolanaPricePredictionThru2030 #SOLPricePrediction #Ethereum Solana Blockchain: Should I buy? Is SOL worth it? Detailed study w Price Predictions thru 2030 Disclaimer: This is edutainment and not investment advice. Do your own research. 0:00 Intro 0:10 What it Does Solana is a web-scale Layer 1 blockchain that provides fast, secure, scalable, decentralized apps and marketplaces The system currently supports 65,000 TPS (Transactions per second) and 400ms block times. 700K theoretical limit (HW/BW). NASDAQ is 500K. Needs more devs It has 608 validators (ETH 34K) 47 dApps (ETH 3K) 2:00 VISION Anatoly Yakovenko, 15 years engineering wireless protocols @ Qualcomm Telco background – a small capacity that needs lots of Thruput Solana Spanish origin meaning “sunlight or eastern wind” and SD Beach Lightbulb moment in San Francisco Enter Yakovenko’s big idea “proof of history” Not to disrupt ETH Wants to completely disrupt Wall Street and rest of global markets 3:00 Background 3:20 Solana Why Is It So Fast? Combines PoH with PoS consensus Very low transaction fees Can theoretically scale to billions of users without the need for sharding Optimistic concurrency control is employed Scalable Secure Decentralized 4:00 How it Plays Scaling crypto to the masses The protocol is designed to scale with Moore’s Law, doubling in capacity every two years with improvements in hardware and bandwidth In other words, as computers get faster, so will Solana 5:00 Target Industries Solana focuses on: Disrupting Wall St Any other marketplace Platform that enables developers to build Dapps eg top DeFi Dapps 6:00 Scorecard Ranking 7:00 Benchmark Ranking 8:00 Growth Opportunities Funding will go toward projects developing on Solana within APAC region Opp is an open, fair, censorship-resistant global marketplace that’s better than anything inside of the NYSE or any other means of settling trades AKA global price discovery 9:00 Value Propositions In the old days: speed, quality or cost. Pick 2 In the blockchain world: scale, security or decentralized. Pick 2 With Solana … 10:00 Value Propositions part II Cracked the code on the Trilemma of security, scalability, and decentralization w these 8! 11:00 Value Propositions part III 12:00 Technology Adoption Validators (Joint first w Avalanche) Speed (fastest) Github engagement Optimized engineering effort flywheel 13:00 Partners of Note: Binance OKEX Huobi Chainlink Tether USDC Ecosystem 14:00 Longevity and Track Record Solana founded in 2017 – POH Whitepaper Goal of creating an infinitely scalable blockchain Recognized as an advanced fourth-generation blockchain Launched in 2019 15:00 Let’s look at supply: Max Supply 489 million SOL tokens Currently 260 million of these have already entered the market SOL is divisible by 1BN down to a unit called a Lamport That is 489,000,000,000,000,000 – yup 489 Quadrillion Lamports 16:00 Price Prediction – Token Supply 500 million SOL tokens were initially minted. Of that amount, 12.5% were retained by the founders, 1.6% were sold at auction, 35.4% were allocated to locked investors, 38% were designated as community tokens; and 12.5% are held by the Solana Foundation, which is operated by an independent board in Geneva, 17:00 IA Price Prediction – Token Distribution 6x by year end 20x by 2025 40x by 2030 18:00 Price Prediction Wallet Investor Forecasts 2021-2022 WI says SOL could gain approximately $20 in value every three months. By December 2021, even its most conservative estimates place Solana SOL at a price of $96.623 18:30 IA Crypto Dominance Model 1% (1.6x from today) Assumes BTC 40% Dominance Crypto Market 58% and 2% SOL Range from $110 to $367 19:00 IA Crypto Dominance Model 2% (3x from today) Assumes BTC 40% dominance Crypto market 58% and 2% SOL Range from $220 – $734 20:00 Different values based on ETH market cap % Assuming ETH stays at 400BN range is $58 to $288 ETH Model ETH MKT CAP $392,771,812,166 SOL Circ Supply 21:00 IA Ethereum Market Share Model Range-based on Share of ETH mkt cap 2025 Range $164 to $822 Range from $482 to $2410 by 2030 IA Ethereum Market Share Model 2021-2030 SOL CIRC 22:00 Risks Currently, 270 million and the Max Supply 489 million SOL tokens is there which could dilute the price. My models are based on SOL CIRC 272,637,428 could bring about 45% dilution The holdings by large %’s of the 489 million SOL tokens ie 12.5% founders, 35.4% to locked investors, and 12.5% are held by the Solana Foundation could be dumped at any time. They need more developers They need more Dapps Avg of 6 Pricing Models (4 are mine) Year Year-End Avg of My Models Avg of Avgs 23:00 CONCLUSION Future is bright if the crypto market cap continues to grow at 24% p.a. SOL goes from 1/30th of ETH value to a 1/15 Price could go 4x in 2021 up to $1536 by 2030 a 35x Risks remain Patreon.com / Want more? (you know what to do!)