Expecting Solana's Market Volatility with Artificial Neural Networks: A Novel Approach to Cryptocurrency Price Forecasting
This study examines the emergent interest in accurate Solana price predictions among depositors, buyers, and governmental bodies. Solana, a groundbreaking cryptocurrency known for its reorganized nature, has appealed substantial responsiveness. Applying progressive artificial neural networks (ANN), we aim to projection Solana prices by leveraging their capacity to understand the intricate and impulsive outlines typical of cryptocurrency markets. Our pioneering line of attack encompasses exploring diverse lag conformations over specific time intervals to optimize forecast accuracy and timeliness. Through rigorous validation, focusing on root mean square error as a key performance metric, our ANN model dependably outclasses traditional prediction methods. These findings offer valuable insights for individuals, industries, and governmental bodies directing the intricacies of the cryptocurrency landscape. Furthermore, we introduce an algorithm and provide Python code to determine the execution of our approach for forecasting Solana prices.
Authors
- Prabakaran Raghavendran (ORCID: https://orcid.org/0009-0001-7333-6555)
- Tharmalingam Gunasekar (ORCID: https://orcid.org/0000-0002-7268-1613)
- Saikat Gochhait (ORCID: https://orcid.org/0000-0003-4583-9208)
Institutions
- Vel Tech Rangarajan Dr. Sagunthala R&D Institute of Science and Technology (IN)
- Symbiosis International University (IN)
Publication Details
- Published
- 2025-04-13
- DOI
- https://doi.org/10.1109/iccit63348.2025.10989464
- Primary Topic
- Stock Market Forecasting Methods
- Type
- article
- Field-Weighted Citation Impact
- 0.00