Solana (SOL), one of the best-performing cryptocurrencies in 2023, is on the brink of an explosive 2024. With the recently approved spot Bitcoin ETFs in the U.S. and the upcoming Bitcoin halving, the 2024 bull run could be one for the ages.
The anticipation for the bull run has sparked speculation about Solana’s future trajectory. We consulted the two most prominent AI chatbots, ChatGPT and Google Bard, to see what this year holds for Solana (SOL).
Classic ChatGPT still refuses to give cryptocurrency predictions, stating that the prices are subject to too many market factors and uncertainties. After providing a jailbreak prompt, ChatGPT opened up. Although it still showed some uncertainty, it gave an intriguing prediction for SOL’s future.
The AI tool wrote, “Predicting cryptocurrency prices is like trying to catch lightning in a bottle.” However, with the Bitcoin halving and recent major developments in the crypto market, CharGPT believes SOL can reach $300 by the end of 2024. It closed its prediction, writing, “The crypto rollercoaster never fails to surprise!”
Google Bard also expressed some uncertainty, saying, “Unfortunately, it’s impossible to predict with certainty what Solana’s price will be by the end of 2024. The cryptocurrency market is highly volatile and influenced by numerous factors.”
It listed Bitcoin’s price, as the market often mirrors the movement of Bitcoin, general market sentiment, and crypto regulation and adoption as the major factors affecting crypto prices. Bard also mentions specific developments in the Solana ecosystem as a factor that can influence Solana’s price.
Just like ChatGPT, Bard tied its prediction to the Bitcoin halving and big events in the crypto market, writing, “While the Bitcoin Halving and approved ETFs could indeed positively affect the overall crypto market, it’s impossible to say how these events will specifically impact Solana.”
Bard goes ahead and sets a target of $200 for SOL by the end of 2024. Although Bard sees this target as conservative, it is over 2x SOL’s current price.
Solana is currently trading at $95.18, down 1.26% in 24 hours and down 1.98 in 7 days. However, SOL is still trading in the green, as it is up 23.36% in one month and up a remarkable 307.36% in one year.
Both AI tools expect Solana to keep the momentum going, and Bard recently predicted Solana’s price if Bitcoin reaches $200,000 after the halving. Investors will surely keep an eye on it as the weeks and months go by.
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