The two prominent AI chatbots, ChatGPT and Google Bard, have forecasted a positive trajectory for Solana (SOL) by the end of 2024, indicating a promising price outlook for the cryptocurrency.
Both AI chatbots were tested on their predictive capabilities and gave varying forecasts for Solana’s price. Despite the differences, these forecasts emphasize the potential for growth in the Solana protocol, mirroring the upward trends seen in 2023.
As of the current writing, Solana has exhibited mixed performance, with a 2.21% increase over 24 hours to reach $97.30 but a 4.47% decline Year-to-Date (YTD).
ChatGPT’s projection for Solana’s price indicates a bullish stance, with a potential price range of $300 to $350 per token by the end of 2024. However, it also presented a bearish scenario with a price range of $200 to $250, recognizing that market conditions can influence these figures.
On the other hand, Google Bard, while maintaining a bullish outlook for Solana, presented more conservative price targets compared to ChatGPT. It aggregated forecasts from platforms such as Binance and DigitalCoinPrice, indicating a surge to $94.84 and a high price of $206.85, respectively. The disclaimer accompanying these forecasts highlighted the significant risks associated with investing in Solana, but also alluded to the potential developments within the Solana ecosystem and the overall health of the crypto market as factors that could support the projected bullish scenario.
Given that Solana has previously reached an All-Time High (ATH) of $259.5, the price projections from AI applications appear to be achievable. These bullish forecasts also align with longer-term predictions from firms such as VanEck.
In conclusion, the insights from AI chatbots such as ChatGPT and Google Bard provide valuable perspectives on Solana’s potential trajectory and can serve as an additional resource for individuals and entities interested in the crypto and NFT space.