Story Highlights
- Solana price could reach a potential high of $200 by the end of 2024.
- Solana network has one of the fastest transaction speeds and success rates when compared to its rivals.
- SOL price, with a potential surge, could go as high as $672 by the end of 2030.
- The current price of Solana is $ 101.53699379.
With a bullish ending to 2023, the SOL price trend starts 2024 high on optimism and well positioned above the $100 mark. Tracing the bullish take off trail from the low of $10 to the far away milestone of $100, the Solana finds the network growth fueling the native token’s bull run.
With the support of big names like Cathie Wood praising the Solana network, the Ethereum-killer continues the impressive recovery.
Riding the bullish trend with growing momentum at a time of overall market recovery phase, the Solana price trend shatters multiple barriers. Further, the growing frequency of bullish candles surpassing crucial resistances fuels the SOL price trend momentum, predicting a run to $100.
In addition to a new breakout rally above $100, the SOL price action displays an extension to the prevailing uptrend and continues to prolong the uptrend.
Moreover, with the altcoins rising higher, the altcoin season starts and teases a bull run in altcoins in the coming months. Moreover, it is highly likely that the SOL price continue to prolong the uptrend and end 2024 on an even higher and bullish note.
Under such market conditions, the crypto investors are wondering about “Is Solana going to go up?” or “How high can Solana go?”
Well, to answer such questions, we bring to you our Solana price prediction for 2023-2030. We’ll address these questions using our various analyses, market sentiments, and regular updates in the crypto world.
So read on as we discuss the factors by which Solana coin price can reach the $100 mark.
Table of contents
Overview
| Cryptocurrency | Solana |
| Token | SOL |
| Price | $ 101.53699379  -5.75% |
| Market Cap | $ 43,672,574,090.0435 |
| Trading Volume | $ 5,628,744,097.0519 |
| Circulating Supply | 430,114,901.5584 |
| All-time High | $260.06 Nov 07, 2021 |
| All-time Low | $0.5052 May 12, 2020 |
| 24 High | $ 109.9000 |
| 24 Low | $ 85.0000 |
What’s New With Solana?
Monday’s Legal Disclosure:
- The recent announcement of FTX’s asset liquidation, totaling a massive $7Bn, has caused ripples in the SOL market.
- This is attributed to the fact that the assets comprise $1.16 billion of Solana (SOL) tokens and a further $560 million in Bitcoin (BTC).
Clarifying the Situation Around FTX’s Solana (SOL) Holdings:
- It’s essential to understand that this doesn’t signal a downturn for Solana.
- The wallet under scrutiny is owned by Alameda, containing a significant 26,740,743 SOL staked and secured until the period 2025-2028.
- The focus of FTX’s liquidation is on the access keys to this wallet, not the actual SOL tokens within.
- A batch of seven million SOL and its wrapped version (WSOL) has already been committed to the Solana Foundation.
- Any transfers scheduled for the upcoming week shouldn’t be misconstrued as wholesale offloading.
- The substantial SOL holdings will stay locked until the period between 2025 and 2028, with the ownership of the access keys being the only element in transition.
As the New Year begins with muted celebrations, Solana (SOL) exhibits a hesitant, sideways price movement, pausing the previously observed upward trend. The coin is currently in a consolidation phase as evident in the 4-hour chart, suggesting an imminent breakout could be on the horizon.
SOL faced strong selling pressure after reaching a high near $125, leading to a modest yet rapid decline as 2023 ended. This pullback lowered the price to test the $100 level, a significant psychological support, offering an entry point for traders waiting on the sidelines.
Currently, the price is fluctuating between $98 and $108, creating a narrow trading range. This range aligns with the 38.20% and 23.60% Fibonacci retracement levels, making any breakout in either direction a crucial factor in determining Solana’s future price trajectory.
Currently, SOL is trading at $102.03, showing a minor intraday change of 0.44%, resulting in an uncertain market sentiment. A definitive breakout beyond this range is necessary for a clear trend to be established.
Given the ongoing consolidation, a decisive move is expected soon for Solana. A downward break could lead to a 10% drop to around $90. Conversely, a breakout to the upside holds a 25% potential gain, possibly retesting the $125 level and even stretching toward $150 if the uptrend gains strength.
| Solana Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| January 2024 | $90 | $120 | $150 |
Solana Price Prediction 2024
Overall, the 2023 year has been positive for the Solana coin price. Despite the frequent hiccups, the Solana coin price is trading with a year-to-date growth of 536%.
And with the golden crossover in the daily chart, the future trend seems positive for the Solana coin price. With multiple bullish patterns and potential breakouts, the ongoing uptrend refuels the trend momentum and aims at the $100 mark.
Also Read: Polygon Price Prediction 2023 – 2025: With Polygon 2.0, Will MATIC Rebound in 2023?
Considering the Bitcoin Halving event in April 2024 brings positivity to the altcoin market, Solana coin price is expected to boom in the coming month. Moreover, with the high chances of an altcoin season coming along, the bull run chances improve significantly.
If the uptrend sustains, the bullish trend in Solana coin price can end the year on a high note. SOL prices and other altcoins demonstrate remarkable resilience. Solana’s prices have continued to rise, defying bearish expectations and showcasing the underlying bullish confidence.
If Solana manages to sail across the challenges of the crypto-verse while fixing the consensus issues. Continuing on the progressive road, the SOL coin prices can end in 2024 at a high of $180.
On the flip side, if the sentiments fail to improve, the altcoin could settle at $90.
| Solana Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| Solana price prediction 2024 | $90 | $145 | $200 |
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 $250.
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, a slight pullback can draw Solana to $109.91 by the end of 2025. Considering the bullish and bearish targets, the average price might land at $179.95.
| Solana Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2025 | 109.91 | 179.95 | 250 |
Solana Price Prediction 2026 – 2030
| Solana Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2026 | 157.68 | 184.315 | 286.35 |
| 2027 | 180.61 | 221.615 | 342.61 |
| 2028 | 245.67 | 288.335 | 476.84 |
| 2029 | 308.54 | 356.305 | 524.97 |
| 2030 | 387.9 | 459.165 | 672.15 |
Solana Price Prediction 2026:
By the Solana Price Prediction 2026, the potential low price for SOL is $157.68, with an average price projected at $184.315 and a potential high of $210.95.
SOL Price Prediction 2027:
Moving on to Solana Price Prediction 2027, the potential low price for SOL is estimated at $180.61, while the average price is predicted to be around $221.615. The potential high price for SOL in 2027 is projected to reach $262.62.
Solana Price Prediction 2028:
As per the Solana Price Prediction 2028, the potential low price for SOL is expected to be $245.67, with an average price of $288.335. The potential high price for SOL during this year is projected to reach $331.
SOL Coin Price Prediction 2029:
Looking ahead to 2029, the Solana Price Prediction forecasts a potential low at $308.54, with an average price of $356.305. The potential high price for SOL in 2029 can reach $404.07.
Solana Coin Price Prediction 2030:
Finally, by the year 2030, Solana Price Prediction estimates a potential low at $387.9, with an average price of $459.165. The potential high price for Solana in 2030 is projected to reach $530.43.
Solana (SOL) Price Prediction 2023 – 2030
Market Analysis
| Solana Price Prediction | 2023 | 2024 | 2025 |
| Gov Capital | $65.24 | $212.19 | $227 |
| DigitalCoinPrice | $55.56 | $63.11 | $92.62 |
| Long Forecast | $47.15 | $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 $100 in 2023. On the flip side, a failure to sustain recovery will plunge Solana prices to $50 by the end of 2023.
We expect the SOL coin price to reach $100 by the end of 2023.
| Solana Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2023 | $50 | $75 | $100 |
Solana (SOL) Coin Historical Market Sentiment 2020 – 2021
FAQs
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.
How high can Solana price go by the end of 2023?
The digital asset could surge as high as $36.85 by the end of 2023.
Will the SOL price reach $500 by the end of 2025?
According to our Solana price prediction, the altcoin might chug up to a maximum of $132.49 by the end of 2025. With a potential surge, the price of SOL could reach a maximum of $530 by the end of 2030.
Will Solana enter the top-5 cryptos in terms of market capitalization by 2023?
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.
Author: Keith Long
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