The Current Market Cycle's Best Bet For Traders Is Solana (SOL) - Here's Why

The price of Solana has primarily increased since the start of the year. But as of this writing, it has decreased and is currently in the red. However, market observers have widely projected the token's potential.
Experts Predict Massive Growth for SOL
A chart comparing the current price movement of Solana to that of Ethereum in 2018 was recently uploaded with his audience by Cantering Clark, a pseudonymous trader with 159,000 followers on Twitter.

The trader's chart demonstrates how both assets broke through a support level after repeatedly tapping it, produced a lower bottom, and then rebounded. At the conclusion of the year, Ethereum's price had increased by 5,777% from its 2018 low of $83 to its all-time high of $4,878. A recovery to roughly $462 is anticipated, based on SOL's most recent closing of $8.50 and the prediction of a similar decrease before to the next bear market.
Bankless Podcast, Chris Burniske, a co-founder of Placeholder VC, stated that even if Ethereum is now a more resilient asset, Solana is on the correct route to harden its asset and will keep doing so.
Therefore, with regular purchases, this cryptocurrency may rise another 10% and attempt to breach the $30 threshold. If Solana is successful in navigating the crypto-difficulties verse's while resolving the consensus problems. According to coinpedia, the SOL price might rise to $36.87.

Will shiba inu coin reach $1 after Shibarium upgrade?

Many are trying to figure out the shiba inu coin future for 2023 after the shibarium debut is announced. For beginners - Shibarium is being developed as a layer-2 blockchain to increase the scalability of Ethereum, which serves as Shiba Inu’s host chain. Shibarium is being developed by the Shiba team with unique features for the Shiba ecosystem.

The layer 2 Shibarium's debut and prospective new payment integrations have the Shiba Inu community optimistic for the coming year. From its peak in October 2021, the token has fallen by much more than 90%. With further impetus from initiatives such as DAO, Shiba Inu game, and NFTs, the Shiba Inu price could breach the maximum target of $0.0000259 as per coinpedia.

Will it have the ability to meet the community's high expectations in 2023?

How High Can AVAX Price Go in 2023?

Avalanche (AVAX) is one of the prominent layer 1 smart contract platforms that took off in 2020, along with Solana (SOL). And just like Solana (SOL), Avalanche (AVAX) memorably hit all-time high of $146 last November 2021 but, like most cryptocurrencies, lost a massive chunk out of its market capitalization in the wake of 2022’s events like scandalous collapses of FTX, Alameda Research, and BlockFi filing bankruptcy.

Avalanche (AVAX) Continues Protracted Struggles is trading under $10.72 right now, which is 9.41% down in last 7 days and 4.10% in just 24 hrs. In this case the Avalanche price prediction is projected for an average price of $14.745 by the end of 2023 according to coinpedia.

What are your thoughts on investing in AVAX in 2023 amidst bearish trends?