Solana Price Prediction 2024, 2025-2030: SOL Price Hits New ATH, Target $500?

Solana Price Prediction

The post Solana Price Prediction 2024, 2025-2030: SOL Price Hits New ATH, Target $500? appeared first on Coinpedia Fintech News

Story Highlights

  • The live price of Solana crypto is  $ 240.16811333.
  • Solana price could reach a potential high of $350 by the end of 2024.
  • SOL price, with a potential surge, could go as high as $1,672 by the end of 2030.

Solana is coming true to its self-proclaimed title, “Ethereum-Killer” as it gradually surpasses Ethereum in the decentralized market. With the ongoing recovery crossing the $250 threshold, the Solana price prediction targets a new all-time high above $264.

With the crypto investors wondering about “Is Solana going to go up?” or “How high can Solana go?” the underlying sentiments target $500 this year. 

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

Overview

Cryptocurrency Solana
Token SOL
Price  $ 240.16811333 top gainer 3.83%
Market Cap  $ 114,247,658,406.70
Trading Volume  $ 8,359,077,075.9729
Circulating Supply  475,344,967.8012
All-time High $260.06 Nov 07, 2021
All-time Low $0.5052 May 12, 2020
24 High Coming soon
24 Low Coming Soon

What’s New With Solana?

  • Solana’s $3.459B volume surpasses Ethereum’s $2.387B. This marks a significant lead over Ethereum.

Solana Price Prediction December 2024

In the 4-hour chart, the Solana price action showcases a bullish breakout of the short-term pullback. This comes with the breakout of the resistance trendline and the 50-EMA line. 

Solana price Chart

Tradingview

Solana’s price has risen 11% from its 24-hour low of $250, following four consecutive bullish candles. It currently trades at $238.66, showing a double-bottom reversal from $232. With the ongoing recovery and Grayscale’s filing for a Solana ETF, the broader market anticipates a new 52-week high for Solana. 

Solana could reach the $320 mark by the end of December. However, a retest could see the price drop to a minimum of $233.

Month Potential Low ($) Average Price ($) Potential High ($)
December 2024 $233 $281.5 $320

Solana Network Witness Surge in Non-Vote Transaction

As the Solana network grows, it continues to dominate the decentralized crypto market. Further, the activity over the Solana network is growing at a staggering rate. 

In October 2024, the number of active addresses (monthly) hit 1.29M. Surpassing this, the November data hits a high of 135.06M. This reveals 

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 Solana Network. 

Current Supply:

  • Total Supply: 589,416,176.85 SOL
  • Circulating Supply: 475,243,799.793 SOL (80.6%)
  • Non-circulating Supply: 114,172,377.0587 SOL (19.4%)

Network Statistics:

  • Total Transactions: 344,305,319,500
  • Block Height: 283,708,937
  • Slot Height: 305,297,094
  • TPS (Transactions Per Second): 4,441.97
  • True TPS: 1,061

Staking Information:

  • Total Stake: 387,757,118.07 SOL
  • Current Stake: 387,064,643.7145 SOL (99.8%)
  • Delinquent Stake: 692,474.3571 SOL (0.2%)

Top DeFi Protocols by 24-hour volume:

  • Jupiter: $8.12 billion (-14.2%)
  • Raydium: $4.49 billion (+5.86%)

Orca: $1.25 billion (+14%)

Solana Price Prediction 2025

If Solana encourages newer upcoming startups, it could be a new competitor for other cryptocurrencies in the market. Also, in the coming years, if Solana outgrows Ethereum, it might bang at significant highs. On this note, the SOL price may strike its maximum at $750. 

New regulations in the future can afflict the price movements, and thereby, a possible low is set for the SOL coin price. If this happens, then a slight pullback can draw Solana to $209.91 by the end of 2025. Considering the bullish and bearish targets, the average price might land at $579.95. 

Year Potential Low Average Price Potential High
2025 $209.91 $579.95 $750

Check out: Ethereum (ETH) Price Prediction 2024-2030

Solana Price Prediction 2026 – 2030

Year Potential Low Average Price Potential High
2026 $357.68 $624.315 $886.35
2027 $480.61 $761.615 $942.61
2028 $645.67 $888.335 $1,076.84
2029 $808.54 $1,156.305 $1,224.97
2030 $987.9 $1,359.165 $1,672.15

Solana Price Forecast 2026:

By the Solana Price Prediction 2026, the potential low price for SOL is $357.68, with an average price projected at $624.315 and a potential high of $886.35.

SOL Price Targets 2027:

Moving on to Solana Price Prediction 2027, the potential low price for SOL is estimated at $480.61, while the average price is predicted to be around $761.615. The potential high price for SOL in 2027 is projected to reach $942.61.

Solana Price Prediction 2028:

As per the Solana Price Prediction 2028, the potential low price for SOL is expected to be $645.67, with an average price of $888.335. Further, the potential high price for SOL during this year is projected to reach $1,076.84.

SOL Coin Price Prediction 2029:

Looking ahead to 2029, the Solana Price Prediction forecasts a potential low of $808.54, with an average price of $1,156.305. Moreover, the potential high price for SOL in 2029 can reach $1,224.97.

Solana Price Prediction 2030:

For Solana Price Prediction 2030, we estimate a potential low at $987.9, with an average price of $1,359.165. The potential high price for Solana in 2030 is projected to reach $1,672.15.

Market Analysis

 Solana Price Prediction 2024 2025
Gov Capital $212.19 $227
DigitalCoinPrice $63.11 $92.62
Long Forecast $36.83 $22.19

Raoul Pal’s Bold Prediction: 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 $350 in 2024. On the flip side, a failure to sustain recovery will plunge Solana prices to $90 by the end of 2024. We expect the SOL coin price to reach $350 by the end of 2024.

Year Potential Low Average Price Potential High
2024 $90 $145 $350

Also, read our Tron (TRX) Price Prediction 2024-2030

FAQs

What is the current price of the Solana token?

At the time of writing, the value of one SOL coin price was $143.33.

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 $750 by the end of 2025. Further, with a potential surge, the price of SOL could reach a maximum of $1672 by the end of 2030.

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

The digital asset could surge as high as $350 by the end of 2024.

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.

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