• ChatGPT predicts Solana’s price to hit $250-$350 during Q3 2023.
• Solana co-founder Raj Gokal is not worried about crypto exchanges delisting SOL as a tradable asset.
• Ethereum founder Vitalik Buterin feels bad about the way the SEC is targeting projects like Solana.
Solana Price Prediction
ChatGPT predicts that Solana’s (SOL) price will hit $250-$350 during quarter three of 2023.
Raj Gokal’s Response to Delisting Concerns
Solana co-founder Raj Gokal isn’t worried about crypto exchanges delisting SOL as a tradable asset. He believes that the lack of regulatory clarity has held the industry back for several years and hopes that Congress will soon provide some much needed clarification.
Positive Impact from Ripple Legal Victory
Following Ripple’s (XRP) partial victory in its legal battle with the U.S. Securities and Exchange Commission, SOL saw its price rise nearly 30%. However, this rally could not be maintained.
Using Ethereum as Layer 2 for Solana Blockchain
Solana Labs co-founder Anatoly Yakovenko seems to be in agreement with using Ethereum (ETH) as a layer-2 protocol for the Solana blockchain. This setup would allow holders of solana assets on ethereum to have finality guarantees when they exit back into ETH tokens or other assets.
Vitalik Buterin’s Opinion on SEC Actions
Ethereum founder Vitalik Buterin expressed his concern over how the SEC is targeting projects like Solana when it sued Binance (BNB) and Coinbase (BASE). He believes these projects don’t deserve such treatment from regulators and called their actions unfair