Is it viable to see Solana at $500?
For <a c-24/>L to reach that price, it would need a market capitalization that directly rivals what Ethereum has achieved at its peak. It's not impossible, but it requires the network to demonstrate that it is the gold standard for retail and decentralized finance (DeFi).
The Bullish Scenario (Bull Case):
If Solana can definitively resolve its stability issues and become the main infrastructure for memecoins, NFTs, and global payments, the increased demand for the currency to pay fees (gas) could drive the price towards those $500.