SOLANA (SOL) Price Prediction & Forecast for 2024 to 2030

About Solana SOL is the native token of Solana, a Layer 1 Blockchain that supports smart contracts and dApps. The blockchain lets users spend less and benefit from faster speeds. Many NFT Marketplaces and DeFi Platforms, like Hyperspace and Sollible, are built on Solana. Solana’s Layer 2

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Metaverse

Metaverse is a 3D virtual world replicating real-life experiences for users, like shopping, meeting friends, working, and more. Users can interact with their digital avatars in the metaverse and even create and share assets as NFTs.

NFT

NFT refers to Non-Fungible (irreplaceable) Tokens. Bitcoin is fungible; the value of 1 Bitcoin is the same as the value of any other Bitcoin. However, that is not the case for artworks like music; NFTs represent their ownership on the blockchain.

WEB 3.0

Web 3.0 is the third generation of the internet, an upgrade to the existing web 2.0. It is argued that in web 2.0, a few tech giants control the internet, and web 3.0 aims to take away that control from them and transfer it to the public.

DAO

DAO refers to Decentralised Autonomous Organization; they are companies built on blockchain. Unlike traditional organisations, there is no hierarchy in DAOs; all decisions are made after a vote from all the members of the DAO.