Solana Price Prediction: Should You Consider Buying SOL?

Solana (SOL): A Miracle of Crypto Science

Solana Labs was developed in 2017 by Greg Fitzgerald and Anatoly Yakovenko. Solana ecosystem is considered an effective, fast, secure, censorship-resistant blockchain with low cost that provides the open infrastructure required for global adoption. It is one of the first platforms to use a combination of delegated Proof of Stake and Proof of History consensus.

It does not have any transaction fees also. Hence, the validator’s main mission is decentralizing the Solana network by providing computing resources to validate transactions or storage for ledger redundancy.

Solana foundation has various projects ranging from NFT, Web3, DeFi (Decentralized Finance), and many others. It has even launched its own online store, Solana Pay, which will be the future of payments.

Check out the coin details before we jump to detailed Solana price prediction!

Solana Overview

Cryptocurrency Solana
Ticker Symbol SOL
Price $23.78
Price Change 24H -4.10%
Price Change 7D +11.78%
Market Cap $8,827,607,718
Circulating Supply 371,526,202 SOL
Trading Volume $775,567,304
All Time High $260.06
All Time Low $0.5052
Solana ROI +10707.50%

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Solana Technical Analysis

Going by the Solana price history and technical analysis, the currency has garnered a top position in the cryptocurrency market based on market cap rankings. The current price of Solana stands at around $34.16, with a circulation supply of 355,222,018 SOL. The 24-hour trading volume of this crypto is around $688,482,861.

SOL PRICE CHART

After SOL fell to $170 by the end of December 2021, it went down to a value above $26 due to a significant bearish phase. The year 2022 has not been very favorable for SOL, but the same is applicable to most cryptos. Experts are calling it a bear phase.

Solana (SOL) Price Prediction

Solana’s price tried to recover in April but failed and has been trading in a significant downtrend since then. Since the last few months, SOL has been trading in a strong consolidation between $28 to $45.

Based on the information on the current price action of the Solana token and technical analysis, we conclude that the digital asset may not be suitable for short-term investment. However, in the long run, the technical indicators suggest that it may be a profitable choice.

Will Solana Continue to be Affected by Power Outages?

Until the launch of Solana Mainnet, stability will remain a major concern for the SOL. Although the experts feel that the Mainnet will stop the power outages issue, but not everyone feels the same. However, this is more of a “Wait and Watch” kind of concern.

Is the Bitgert Blockchain a Threat to SOL?

Not very soon! Solana Blockchain has a very strong fundamental base. And a blockchain like “Bitgert” won’t be successful in bringing SOL down very soon. Solana has its own share of unique features; not just that, the Solana ticker has also gained decent popularity.

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Solana Price Forecast: 2022-2030

The current price stands around $42.94, with a Solana market cap of $14,974,273,686. According to the Solana price prediction 2022, SOL short-term trades are lower than expected.

The SOL market had set higher benchmarks for its prices, along with developments in decentralized exchanges, Solana NFT marketplace, Yield aggregators and online games, etc. But since the profit booking took over, the SOL coin price could not rise as much as expected.

Solana Price Predictions

Digital Coin Price believes that the coin will trade at around $41.41 at the end of this year. Their Solana price predictions reveal a maximum value of $481 by 2030. While GOV Capital suggests that the coin’s price may be $237.6 by 2023.

Solana may be consolidating currently, but it may soon attain the expectations of both its retail and institutional investors. Trader’s Union experts also believe that the price of SOL coins by 2025 may be $139.46. However, if the coin’s price comes down, future price movements may be tough for SOL investors.

Check out our Solana price prediction for the next few years below!

YEAR MINIMUM PRICE MAXIMUM PRICE
2022 $29.80 $42.99
2023 $50.98 $67.26
2024 $72.21 $84.27
2025 $99.91 $124.39
2026 $112.94 $139.99
2027 $129.22 $143.04
2028 $159.81 $190.00
2029 $194.54 $242.90
2030 $207.47 $260

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Solana Price Prediction 2022

Based on our SOL price prediction 2022, the average price is expected to be around $36.40, with a potential low of $29.80 and a potential high of $29.80. The SOL price fluctuations in the crypto market are not expected to be very volatile or have high risk.

Month Minimum price Maximum price
October $30.15 $41.60
November $32.50 $42.99
December $29.80 $41.07
Timeframe Moving Averages Indicators
Daily Sell (10) Buy (4) Sell (1) Buy (1)
Weekly Sell (0) Buy (2) Sell (11) Buy (1)

Solana Price Prediction 2023

For the year 2023, the expected maximum value is $67.26, with a minimum value of $50.98 based on our Solana (SOL) price prediction. While the average trading price is expected to be $59.12 for SOL tokens. Your current investment may rise by more than 90%. The advancements in the Solana blockchain may lead to this significant rise in SOL price.

Month Minimum price Maximum price
January $51.67 $53.29
February $50.98 $52.45
March $51.49 $52.98
April $53.13 $54.68
May $54.27 $55.13
June $55.84 $56.71
July $56.19 $57.84
August $57.28 $58.99
September $61.27 $62.84
October $62.31 $64.55
November $65.83 $67.26
December $66.99 $67.26

Solana Price Prediction 2024

Based on our Solana (SOL) price prediction, we expect the coin to have grown by more than 15%. The minimum and maximum prices are expected to be $72.21 and $84.27, respectively. At the same time, the average price of Solana coins may be around $78.24. The closing price for the year may be close to $80, turning into a good investment.

Month Minimum price Maximum price
January $72.65 $81.64
February $74.46 $77.19
March $73.12 $80.01
April $73.09 $77.22
May $73.63 $75.98
June $74.10 $77.35
July $72.57 $83.87
August $73.85 $82.84
September $72.39 $79.78
October $73.92 $80.46
November $72.21 $75.31
December $73.99 $84.27

Solana Price Prediction 2025

As per past price data and Solana coin price prediction, the SOL coin value will scale at the peak of $124.39, while the minimum price may be $99.91 in 2025. The average SOL price is expected to be around $112.15. If you invest money in the SOL token at the right time, you may earn decent profits, as the Solana worth is only expected to grow.

Month Minimum price Maximum price
January $99.91 $102.34
February $100.66 $105.26
March $101.80 $106.48
April $103.75 $107.85
May $106.92 $110.83
June $108.16 $113.43
July $112.70 $121.74
August $113.41 $118.92
September $115.39 $121.91
October $117.85 $123.61
November $123.66 $124.39
December $122.70 $124.11

Solana Price Prediction 2026

In the year 2026, our Solana crypto price prediction suggests that the value may hit an average of $126.47. Considering the Solana price analysis, it has the potential to reach a maximum of $139.99, while the minimum price may be $112.94.

Month Minimum price Maximum price
January $112.94 $119.55
February $113.68 $120.97
March $114.71 $122.41
April $115.69 $126.78
May $116.38 $128.14
June $117.04 $129.33
July $118.83 $131.95
August $120.66 $133.13
September $121.88 $134.28
October $122.93 $135.94
November $126.27 $136.28
December $126.02 $139.99

Solana Price Prediction 2027

According to our SOL crypto price prediction, the coin will see a rise of around 10% in the entire year. It will trade from the potential low of $129.22 to the maximum level of $143.04. During the entire year, the coin will have an average trading price of $136.13.

Month Minimum price Maximum price
January $129.68 $131.83
February $130.85 $134.83
March $129.19 $134.26
April $131.41 $136.63
May $129.22 $138.62
June $132.00 $140.25
July $134.83 $139.64
August $131.44 $140.25
September $133.41 $142.98
October $129.78 $137.64
November $132.78 $140.46
December $129.88 $143.04

Solana Price Forecast 2028

Based on our Solana cryptocurrency price prediction, it will be a really great investment. Crypto analysts suggest that the SOL price could be highly volatile yet surge in the year 2028. The minimum and maximum prices are expected to be $159.81 and $190.00, respectively, while the average trading value may be $174.91 for 2028.

Month Minimum price Maximum price
January $159.81 $182.84
February $160.21 $183.03
March $161.91 $184.81
April $162.90 $185.55
May $163.23 $186.76
June $164.44 $187.55
July $165.26 $189.86
August $166.60 $188.69
September $167.43 $184.02
October $169.71 $186.21
November $170.38 $188.54
December $171.24 $190.00

Solana Price Prediction 2029

By the time it is 2029, the potential high of the coin may have reached $242.90, as per our SOL price predictions. Looking at the past performance of the token, the minimum and average prices may be around $194.54 and $218.72, respectively.

Month Minimum price Maximum price
January $195.61 $203.47
February $199.61 $211.32
March $202.02 $209.85
April $200.10 $210.01
May $194.54 $201.33
June $207.30 $216.28
July $213.83 $231.13
August $217.98 $235.99
September $222.63 $242.90
October $220.02 $234.50
November $218.79 $233.32
December $217.65 $231.10

Solana Price Prediction 2030

As per our SOL coin price prediction, the expected maximum price predicted for SOL is $260. Whereas, as per our SOL price prediction 2030, the minimum price could be around $207.47, with an average price of $234. In spite of the volatility, there might not be a high risk since the Solana blockchain might have become quite strong by 2030.

Month Minimum price Maximum price
January $207.47 $222.63
February $209.69 $226.99
March $213.25 $229.04
April $215.09 $234.08
May $219.57 $240.45
June $222.63 $241.56
July $225.49 $245.55
August $228.99 $249.94
September $230.25 $250.50
October $233.50 $252.52
November $239.75 $255.59
December $240.38 $260

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SOL Price Prediction: Influencer’s Verdict

While some of the crypto forecast platforms analyze a conservative angle to predict, others make a forecast based on realistic and optimistic trends. Whereas our forecasts take into consideration a lot of things, such as technical analysis and price history.

Take a look at what the influencers have to say about the Solana predictions!

Cozy the Caller strongly believes that “As a investor Solana seems to be the most obvious bet for the future.”
Cozy the Caller (Cozypront)

$SOL is going to be a top performer in October.
Johnny (CryptoGodJohn)

$50 $SOL is coming sooner than you think!
Anglio.S (CryptoAnglio)

Solana- strongest and most active community, better UX fast, and cheap usage raising daily main chain for NFTs, probably bullish!
Cozy the Caller (Cozypront)

$SOL 52 week range: $25.843 — $259.8!
IcedKnife

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FAQs

Is Solana a good investment?

Yes, Solana is a good buy. According to our Solana forecast, the price of Solana will continue to increase. The average Solana value is expected to be $112.15 for 2025. It is best to plan for the long-term rise. However, do your own research and do not take our suggestions as investment advice.

Will Solana coin go Up/Down?

According to our Solana price predictions, we expect the price to increase in the coming years. The Solana’s price may be around $136.13 by 2027. The maximum and minimum prices are expected to be $143.04 and $129.22, respectively, according to our SOL predictions. The rise of Solana prices is evident but do your own research.

Is Solana safe to invest in?

Despite all debates and controversies, SOL reveals a very healthy and active ecosystem. Our SOL price forecast is optimistic, and you may buy Solana. But before adding SOL tokens to your investment portfolio, know your investment goals well to lower the risk.

Does Solana have a good future?

According to our Solana price prediction 2030, the native coin may continue to grow in the crypto market. The maximum price expected by 2030 is around $260, with a minimum value of $207.47. Remember, the cryptocurrency market is highly risky due to its volatile nature.

Is it too late to buy Solana?

Our Solana price predictions suggest investors can still consider Solana, which could turn out to be a great opportunity in the future. The average price of Solana (SOL) for 2025 is expected to be $112.15, while minimum and maximum prices may be $99.91 and $124.39.

Can SOL breach the $50-mark?

Based on our SOL coin price forecast, the coin will definitely cross the $50 mark very soon. It is expected that the coin will cross the $50 mark in 2023 only. So you must not sell Solana now, as the prices will grow soon after the bear run ends.

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