Solana Price Prediction 2024, 2025 – 2030: SOL Price Targets $500 Next?

Solana Price Prediction

The post Solana Price Prediction 2024, 2025 – 2030: SOL Price Targets $500 Next? appeared first on Coinpedia Fintech News

Story Highlights

  • The live price of Solana crypto is  $ 221.60060935.
  • Solana price could reach a potential high of $280 in 2024.
  • With a potential surge, the SOL price could hit $1,351 by 2030.

Solana is coming true to its community-claimed title, “Ethereum-Killer” as it gradually surpasses Ethereum in the decentralized market. However, with the ongoing volatility in the cryptocurrency market, the Solana price currently trades at a discount of 18.13% from its ATH of $264.

Following this, crypto investors are storming Google with questions like “Is Solana going to go up?” or “How high can Solana go?” the underlying sentiments target $500 during the upcoming altcoin season.

To answer more such questions, we bring to you our Solana price prediction 2024, 2025 – 2030. We’ll address these queries using our analyses, market sentiments, and regular updates from the crypto world.

Overview

Cryptocurrency Solana
Token SOL
Price  $ 221.60060935 top gainer 3.61%
Market Cap  $ 106,190,660,677.80
Trading Volume  $ 5,137,800,601.3262
Circulating Supply  479,198,414.6069
All-time High $263.83 on 23rd November 2024
All-time Low $0.5052 on 12th May 2020
24 High Coming soon
24 Low Coming Soon

Solana Price Prediction 2024

Since its all-time high of $264, the Solana price has witnessed a negative price action in the daily time frame. Notably, this altcoin has dropped over 3% in 24 hours with a trading volume of $5.034 billion, a change of +40.61%.

However, if the SOL coin price successfully retests its important support level of $210, this altcoin may experience a strong bullish recovery by the year-end.

Solana Price Prediction 17th December 2024
TradingView: SOL/USDT

With an optimistic outlook, the Solana token could conclude the year 2024 with an annual high of $280. On the contrary, if the bears outrun the bulls, the price could retest its low of $180.

Considering the present market conditions, the price of Solana could close the year with an average trading price of $230.

Year Potential Low Potential Average Potential High
2024 $180 $230 $280

Solana Network Witnesses Surge in Non-Vote Transaction

As the Solana network grows, it continues to dominate the decentralized crypto market. With this, the Solana network has witnessed exponential growth over the past few weeks.

Solana Netowrk Active Addresses (Monthly)
Source: The Block

In October 2024, the number of active addresses (monthly) hit 123.1 million. Surpassing this, the November data hits a high of 135.06 million. Moreover, with about half a month remaining, the December numbers are currently at 58.18 million.

Solana Network Statistics

Below are the latest Solana Network statistics from SolScan.io. With the DeFi space heating up, here are the top DeFi protocols based on the Solana Network.

Current Supply

Total Supply: 589,236,884.51 SOL

Circulating Supply: 479,134,221.88 SOL (81.31%)

Non-circulating Supply: 110,102,662.63 SOL (18.69%)

Network Statistics

Total Transactions: 349,188,727,697

Block Height: 286368714

Slot Height: 308006520

TPS (Transactions Per Second): 4,554.75

True TPS: 1,170

Staking Information

Total Stake: 388,975,799.18 SOL

Current Stake: 388,644,363.8732 SOL (99.9%)

Delinquent Stake: 331,435.3045 SOL (0.1%)

Top DeFi Protocols by 24-hour volume

Jupiter: $6,853,238,000 (+42.5%)

Raydium: $4,193,075,700 (+15.86%)Orca: $732,968,260 (+53.44%)

Solana Price Prediction 2025

If Solana encourages newer upcoming startups, it could be a new competitor for other cryptocurrencies in the market. Moreover, with a highly anticipated approval of the Solana ETF in 2025, the SOL altcoin is projected to experience a major price rally during the coming AltSeason.

If the market favors the bulls, the Solana coin price could breach its current all-time high and head toward a new high of $400. Conversely, stricter regulations or a network congestion setback could pull the price toward its annual low of $250.

Considering the present market sentiment, this altcoin could settle with an average trading price of around $325.

Year Potential Low Potential Average Potential High
2025 $250 $325 $400

Also, read Ethereum Price Prediction 2025, 2026 – 2030!

Solana (SOL) Price Prediction 2026 – 2030

Year Potential Low ($) Potential Average ($) Potential High ($)
2026 310 410 510
2027 389 506 623
2028 476 622 769
2029 597 772 948
2030 716 1,033 1,351

Solana Price Forecast 2026

By the Solana Price Prediction 2026, the potential low price for SOL is $310, with an average price projected at $410 and a potential high of $510.

SOL Price Analysis 2027

Moving on to Solana Price Prediction 2027, the potential low price for SOL is estimated at $389, while the average price is predicted to be around $506. The potential high price for SOL in 2027 is projected to reach $623.

Solana Crypto Price Prediction 2028

As per the Solana Price Prediction 2028, the potential low price for SOL is expected to be $476, with an average price of $622. Further, the potential high price for SOL during this year is projected to reach $769.

SOL Coin Price Prediction 2029

Looking ahead to 2029, the Solana Price Prediction forecasts a potential low of $597, with an average price of $772. Moreover, the potential high price for SOL in 2029 can reach $948.

Solana Price Prediction 2030

For Solana Price Prediction 2030, we estimate a potential low at $716, with an average price of $1,033. The potential high price for Solana in 2030 is projected to reach $1,351.

Market Analysis

Firm Name 2025 2026 2030
Wallet Investor $350.448 $469.99
priceprediction.net $183.98 $272.58 $1,124
DigitalCoinPrice $501.79 $743.75 $1,591.72

Raoul Pal’s Bold Outlook: Solana Price Prediction Of A Potential 20x Rally:

Raoul Pal, founder of Real Vision, predicts a potential 20x rally for Solana. He attributes this to Solana’s advanced blockchain technology, growing ecosystem, and rising investor interest. 

If Pal’s prediction holds, Solana’s price could exceed $400 in the coming months, a significant surge from its previous peak. Despite market trends, Solana has shown resilience, maintaining a strong performance with consistent buying pressure.

CoinPedia’s Solana (SOL) Price Prediction

With the improving network conditions of Solana and the slow but steady rise in the DeFi sector, the SOL prices project a bullish future.

According to CoinPedia’s formulated SOL price prediction, the price might surge to $400 in 2025. On the flip side, a failure to sustain recovery will plunge Solana prices to $250 during that year.

Year Potential Low Potential Average Potential High
2025 $250 $325 $400

Also, read our Tron Price Prediction 2025, 2026 – 2030!

FAQs

What is the current price of the Solana token?

At the time of writing, the value of one SOL coin price was $214.77.

Will the SOL price reach $350 by the end of 2025?

According to our Solana price prediction, the altcoin might chug up to a maximum of $400 by 2025. Further, with a potential surge, the price of SOL could reach a maximum of $1,351 by 2030.

How high can Solana price go by the end of 2024?

The digital asset could surge as high as $280 this year.

Will Solana reclaim its crown of being an Ethereum killer?

Solana with its strengths in fundamentals still holds significant prominence. That said, we can expect its glory to shine brighter with resolutions to shortcomings.

Will Solana enter the top-5 cryptos in terms of market capitalization by 2024?

Solana holds the potential to climb higher on the market cap rankings. The digital asset could make it to the target if it does not fall to negative criticism.

What is the Solana Foundation?

The Solana Foundation is dedicated to growing the Solana network into the world’s most decentralized and censorship-resistant blockchain.

Read Entire Article


Add a comment