Amidst the crypto market bull run, SOL has risen as a top gainer, flipping BNB to rank as the 4th largest cryptocurrencies by market cap. The Solana token recently reached a new all-time high (ATH) of $263.83 on November 23, 2024, and a milestone monthly DEX volume of $100B for the first time.
The significant growth of Solana-based decentralized applications (dApps) & memecoins, such as Pump.fun and Raydium also contributes to driving the surge of this ETH’s rival entity.
As investors continue their positive sentiments for the markets and the U.S crypto hub is anticipating an inducive environment under president-elect Trump’s administration, Solana is expected to skyrocket and achieve breakthroughs in 2025 and the following years.
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Solana Technical Analysis
To conduct comprehensive Solana price predictions, it’s necessary to fully grasp the coin’s historical price movement.
Weekly basis
1. Moving Average
On the weekly chart, Solana shows a bullish momentum with the 50-day moving average currently climbing up and below the current Solana’s price. This indicates Buy and could act as support the next time it interacts with it. Similarly, the 200 weekly moving average stands below the price, meaning that if SOL’s price interacts with it again, it could be used as a support for the trend to continue.
2. Relative Strength Index
The Relative Strength Index currently lies in the neutral range of 30 – 70, hovering around 67, signaling a balanced market condition. This indicates that the price is maintaining a steady trend and may continue to hold the RSI in this range for some time.
3. MACD
The MACD histogram shows a bearish divergence, which could suggest a potential price reversal in the near future.
Solana (SOL) Price Predictions 2025 – 2034
After hitting a new all-time high (ATH) of $263.83, SOL is now trading around the $232 mark. If the current market sentiment stays Bullish with the Fear & Greed Index showing 81 (Extreme Greed), Solana is predicted to finish this year within $237.48 and $272.85.
According to the current Solana price prediction, the SOL price is projected to rise by 12.75% and could reach a new ATH of $273.04 by December 29, 2024. All technical indicators imply a Bullish sentiment with strong Buy actions. The SOL’s price in the following years is expected to see the same patterns and is projected as below:
| Year | Potential Low (ROI) | Average Price (ROI) | Potential High (ROI) |
|---|---|---|---|
| 2025 | $269.12 (14.25%) | $302.69 (28.50%) | $336.25 (42.75%) |
| 2026 | $303.45 (28.82%) | $379.92 (61.29%) | $464.99 (97.40%) |
| 2027 | $337.63 (43.33%) | $465.61 (97.67%) | $622.42 (164.24%) |
| 2028 | $370.65 (57.35%) | $556.90 (136.42%) | $805.83 (242.10%) |
| 2029 | $401.41 (70.41%) | $649.79 (175.85%) | $1,008.23 (328.02%) |
| 2030 | $428.81 (82.04%) | $739.27 (213.84%) | $1,217.99 (417.08%) |
| 2031 | $451.77 (91.79%) | $819.72 (248.00%) | $1,419.40 (502.58%) |
| 2032 | $469.36 (99.26%) | $885.41 (275.89%) | $1,594.12 (576.75%) |
| 2033 | $480.77 (104.10%) | $931.16 (295.31%) | $1,723.67 (631.75%) |
| 2034 | $485.48 (106.10%) | $952.95 (304.56%) | $1,792.47 (660.96%) |
Solana Price Prediction 2025
Let’s take a look at Solana’s past performance before analyzing Solana price predictions. 2024 has witnessed a breakthrough for the crypto industry, with SOL as a primary beneficiary. The Solana ecosystem saw a frenzy in memecoin trading in the spring, then the approval of Bitcoin ETFs, and the latest Bitcoin Having event. The recent Ethereum’s Dencun upgrade didn’t have a major impact on either Ethereum or Solana, which was good news for $SOL.
After the approval of Ethereum ETFs, institutions have been submitting for a Solana ETF, and with changes in the SEC’s commissioners, the fund could be on the horizon. A future Solana ETF would likely create a significant surge in the price of $SOL 2025.
Solana’s ecosystem has also seen progress in 2024, thanks to ongoing internal improvements. The introduction of more token extensions has enhanced the utility of tokens within the network. Additionally, the development of multiple validator clients aims to address and prevent future network outages.
Recent months have again seen the Solana-based DApps rake in record fees as memecoin frenzy returns. Five of the top 10 crypto protocols by fee earnings in the last months were on Solana.
According to the Solana price prediction, Solana price 2025 would continue to follow historical patterns and hit a new all-time high (ATH) of $336.25. Analysts have predicted that Bitcoin could soon set a new milestone of above $110,000 and rocket as high as $200K. This could have a massive effect on the price of $SOL and other major altcoins.
- Solana price prediction 2025 Potential High: $336.25
- Solana price prediction 2025 Potential Low: $269.12
- Solana price prediction 2025 Average Price: $302.69
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