In 2023, Solana (SOL) demonstrated impressive results that set it apart from many other cryptocurrencies. To obtain a forecast of SOL price dynamics for 2024, the artificial intelligence Grok, developed by Elon Musk's xAI, was used.

The significant increase in the total blocked value (TVL) of the Solana blockchain reflects the increased trust of users, and institutional money has also begun to prefer Solana. This success is attributed to improvements in SOL's key metrics, including transaction volume and low fees.

Grok's forecast for the Solana price by the end of 2024 is divided into two options:

Grok's optimistic forecast for SOL:
According to Grok data and the latest market trends, the price of Solana (SOL) may reach the level of $125 to $150 by the end of 2024. This is supported by the impressive results of the coin in 2023, the increasing popularity of the Solana network and the potential for further growth and partnerships.

Grok's pessimistic forecast for SOL:
In the event of an adverse development, the price of Solana (SOL) may fall in the range of $60 to $80 by the end of 2024. This is due to possible risks and uncertainties in the cryptocurrency market, such as regulatory changes or a slowdown in overall market growth, Grok believes.

Grok also emphasizes that these forecasts may remain unreliable, as they are based on available information and market trends. Therefore, investors should conduct their own research and remain cautious.