• ChatGPT predicts SOL to hit $250-$350 in the current quarter.
• Solana co-founder Raj Gokal expresses optimism about clarity from Congress on crypto regulations.
• Vitalik Buterin feels bad that Solana and other projects are getting targeted by regulators.

Solana Price Prediction for Q3 2023

ChatGPT predicts SOL to hit a price range of $250-$350 during the current quarter (Q3 2023).

Regulatory Clarity from Congress

Solana co-founder Raj Gokal expressed his optimism on clarity from Congress regarding cryptocurrency regulations. This news provided a boost, with SOL’s price rising nearly 30% following the announcement of Ripple [XRP] securing a partial victory in its legal battle with the U.S. Securities and Exchange Commission (SEC) on 13 July.

Ethereum as Layer-2 for Solana Blockchain?

Solana Labs co-founder Anatoly Yakovenko proposed using Ethereum as a layer-2 for the Solana blockchain, which could provide holders of solana assets with finality guarantees that they can exit back into Ethereum if needed.

Vitalik Buterin’s Viewpoint on Regulatory Targeting

Ethereum founder Vitalik Buterin expressed disappointment at regulators targeting projects like Solana when it labeled several altcoins including SOL as securities when it sued Binance [BNB] and Coinbase [BASE]. He said that these projects don’t deserve such scrutiny and targeting.


The crypto industry is awaiting further clarity from Congress on cryptocurrency regulations, which could have an impact on the future performance of Solana (SOL). Projects like SOL have gained admiration from renowned figures such as Vitalik Buterin, who has voiced his displeasure at regulators unfairly targeting them.