Solana Price Prediction 2024 – 2030
- Based on our Solana price prediction for 2024, the SOL crypto is expected to trade at a maximum price of $119, while the minimum price may be around $97.
- According to our SOL price prediction for 2025, the Solana price is expected to be at a potential high of $146.36. While the minimum price for the SOL token may be around $118 in 2025.
- By 2030, the SOL crypto may trade in a range of $214 to $525 as per our Solana prediction 2030.
Is Solana a good investment? Solana has been in the top 10 cryptocurrencies of the world for a long time. It has gained the attention of many traders and investors, and thus they want to know if they can put their money into the Solana. Check out this crypto prediction to know if Solana is a good long-term asset for your portfolio.
Let’s check out the coin details before we jump to a detailed Solana price prediction!
Solana (SOL)
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Solana Overview
What is Solana?
Solana is a high-performance blockchain network that is designed for mass adoption. It is open-source and interoperable and can be used for a range of use cases, including finance, NFTs, payments, and gaming.
Solana was launched in 2020 by Solana Labs, a company founded by Anatoly Yakovenko and Raj Gokal in 2018. Solana’s native cryptocurrency is SOL. Solana operates as a single global state machine, which means that all nodes in the network have the same view of the state of the blockchain. This makes Solana highly resistant to fraud and censorship.
Solana uses a proof-of-history consensus mechanism to achieve high throughput and low latency. Proof-of-history uses a combination of cryptography and timekeeping to create a tamper-proof record of events on the blockchain. This allows Solana to process up to 50,000 transactions per second with negligible fees.
Solana is a rapidly growing blockchain network with a large and active community. It is one of the most promising blockchain platforms for mass adoption and is already being used by a number of major projects.
Solana (SOL)
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Solana Technical Analysis
The value of Solana has been highly volatile since the network’s launch. In September 2021, the Solana blockchain’s market capitalization surpassed $63 billion, and by early November 2021, it had reached $74 billion. This represented a nearly 12,000% increase in value over the course of the year, with Solana tokens trading at a price of $259.96. The blockchain’s popularity at this time was due in part to the growing interest in NFTs.
However, Solana’s price took a sharp turn in November 2022, when it dropped by 40% in a single day following the bankruptcy of FTX. By the end of 2022, Solana had lost more than $50 billion in value since the beginning of the year.
Solana’s value had increased by 100% to a market capitalization of around $7 billion in the first three months of 2023, coinciding with a rise in the cryptocurrency market. However, on June 11, 2023, the price of Solana dropped by nearly 30% in a day after the SEC announced that it was a financial security. This announcement caused major exchanges to liquidate their Solana holdings.
Why did Solana crash, and how low will SOL go?
One of the main reasons why Solana crashed is the crash of the cryptocurrency exchange FTX. Solana has direct financial ties with Sam Bankman-Fried, the CEO of FTX. As a result, Solana was affected by the crash more than most other cryptocurrencies. Another reason for Solana’s price drop is the overall bear market. Moreover, rising U.S. Bond Yields, as well as regulatory uncertainty, are also the reasons behind the bearishness.
Additionally, Solana’s outages could negatively impact its price. If this issue continues, Solana’s potential for growth will be limited because the blockchain will not be able to meet the needs of its users. However, if Solana fixes these issues, its adoption will skyrocket, which could cause its price to increase significantly.
Can Solana rise again in 2024?
Despite the challenges, Solana has the potential to rise again in 2024 due to its increasing institutional interest and inflows, signaling market credibility and stability.
Surpassing Cardano and Litecoin suggests positive investor sentiment. Additionally, Solana’s dominance in the NFT space showcases its capabilities, attracting users and investors. However, the volatile nature of the cryptocurrency market makes predictions uncertain, and staying updated with current market trends is crucial.
Solana (SOL)
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Solana Predictions: 2024-2030
The current price of Solana stands at around $101.84, with a market cap of $43,986,570,675. Solana cryptocurrency appears to be regaining lost confidence following the FTX scam, and its active user base is expanding.
With this growth, Solana coin prices could reach a new all-time high in the upcoming years. Solana has marked tremendous upside momentum, and it may continue to attain the expectations of both its retail and institutional investors.
Check out our Solana price prediction for the next few years below!
Month | Minimum price | Maximum price |
---|---|---|
January | $97 | $101.90 |
February | $99.06 | $104.51 |
March | $101.12 | $107.17 |
April | $103.22 | $109.89 |
May | $105.38 | $111.67 |
June | $107.58 | $113.51 |
July | $109.83 | $115.41 |
August | $112.13 | $116.37 |
September | $114.48 | $117.40 |
October | $114.88 | $116.49 |
November | $115.33 | $118.64 |
December | $116.83 | $119 |
Month | Minimum price | Maximum price |
---|---|---|
January | $118 | $119.60 |
February | $119.60 | $121.50 |
March | $121.22 | $123.25 |
April | $122.87 | $125.28 |
May | $124.55 | $127.61 |
June | $126.26 | $128.25 |
July | $127.99 | $129.22 |
August | $129.75 | $132.53 |
September | $131.53 | $135.24 |
October | $133.34 | $139.38 |
November | $135.18 | $142.95 |
December | $137.05 | $146.36 |
Month | Minimum price | Maximum price |
---|---|---|
January | $145 | $150.47 |
February | $147.08 | $153.58 |
March | $149.18 | $154.88 |
April | $151.30 | $157.32 |
May | $153.44 | $159.22 |
June | $155.60 | $161.14 |
July | $157.78 | $164.08 |
August | $159.98 | $167.04 |
September | $162.20 | $169.02 |
October | $164.44 | $171.02 |
November | $166.70 | $174.04 |
December | $168.98 | $180 |
Month | Minimum price | Maximum price |
---|---|---|
January | $178 | $185.28 |
February | $180.16 | $189.58 |
March | $182.34 | $194.02 |
April | $184.56 | $198.54 |
May | $186.82 | $203.14 |
June | $189.12 | $207.82 |
July | $191.46 | $210.58 |
August | $193.84 | $213.42 |
September | $196.26 | $217.34 |
October | $198.72 | $218.34 |
November | $201.22 | $220.42 |
December | $203.76 | $222.58 |
Month | Minimum price | Maximum price |
---|---|---|
January | $218 | $222.40 |
February | $221.64 | $226.52 |
March | $225.34 | $230.78 |
April | $229.10 | $235.18 |
May | $232.92 | $239.72 |
June | $236.80 | $244.40 |
July | $240.74 | $249.22 |
August | $244.74 | $254.18 |
September | $248.80 | $259.28 |
October | $252.92 | $264.52 |
November | $257.10 | $269.90 |
December | $261.34 | $275.42 |
Month | Minimum price | Maximum price |
---|---|---|
January | $267 | $273.42 |
February | $273.42 | $279.94 |
March | $279.94 | $286.56 |
April | $286.56 | $293.28 |
May | $293.28 | $300.10 |
June | $300.10 | $306.92 |
July | $306.92 | $313.84 |
August | $313.84 | $319.86 |
September | $319.86 | $323.98 |
October | $323.98 | $326.20 |
November | $326.20 | $330.52 |
December | $330.52 | $334.92 |
Month | Minimum price | Maximum price |
---|---|---|
January | $214.52 | $275.14 |
February | $215.68 | $279.52 |
March | $216.26 | $281.01 |
April | $256.58 | $317.67 |
May | $281.01 | $339.66 |
June | $298.12 | $361.65 |
July | $305.45 | $393.42 |
August | $322.56 | $427.63 |
September | $337.22 | $469.17 |
October | $349.43 | $500.94 |
November | $361.65 | $515.60 |
December | $368.98 | $525.37 |
Solana (SOL)
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Solana Price Prediction 2024
Based on our Solana price prediction, we expect the coin to have grown tremendously. The minimum and maximum prices are expected to be $97 and $119, respectively. At the same time, the average price of Solana may be around $109, turning it into a good investment.
Solana Price Prediction 2025
As per past price data and Solana coin price prediction, the SOL coin value will scale at the peak of $146.36, while the minimum price may be $118 in 2025. The average SOL price is expected to be around $129. If you invest money in the SOL token at the right time, you may earn decent profits, as Solana’s worth is only expected to grow.
Solana Price Prediction 2026
In the year 2026, our Solana coin price prediction suggests that the value may hit an average of $165. Considering the Solana price analysis, it has the potential to reach a maximum of $180, while the minimum price may be $145.
Solana Price Prediction 2027
According to our SOL crypto price prediction, the coin will see a rise of around 40% in the entire year. It will trade from the potential low of $178 to the maximum level of $222.58. During the entire year, the coin will have an average trading price of $200.
Solana Price Prediction 2028
Based on our SOL coin 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 $218 and $275.42, respectively, while the average trading value may be $246 for 2028.
Solana Price Prediction 2029
By the time it is 2029, the potential high of the coin may have reached $275.42, as per our SOL price predictions. Looking at the past performance of the token, the minimum and average prices may be around $218 and $245, respectively.
Solana Price Prediction 2030
As per our SOL coin price prediction, the expected maximum price predicted for SOL is $525.37. Whereas, as per our Solana crypto prediction for 2030, the minimum price could be around $214.52, with an average price of $369.945. In spite of the volatility, there might not be a high risk since the Solana blockchain might have become quite strong by 2030.
Solana (SOL)
$ 202.94 Trade Now
Solana Price Prediction: Expert’s Verdict
In terms of crypto prediction, SOL faced a challenging year, as experts classified it as a bear market. Looking ahead to 2024, let’s delve into the anticipated trends. Below are the aggregated SOL price forecasts gathered from a variety of prominent analysts and media platforms.
As per the Solana forecast, the price of SOL is expected to cross the level of $159.43. By the end of the year, Solana is expected to reach a minimum fee of $139.44. In addition, the SOL price is capable of getting a maximum level of $161.03.
DigitalCoinPrice
Solana has amazing potential over the next few years as acceptance for cryptocurrency increases. Our market forecast indicates that by 2030, SOL could reach a new all-time high of $644.64.
Bitnation
Solana price would rise significantly from $245.48 to $556.10, which is +127%. Solana will start 2030 at $245.48, then soar to $280.29 within the first half of the year, and finish 2030 at $317.39. It is about +382% from today.
Coin Price Forecast
The future price of Solana is predicted at $125.68 (84%) after a year according to our SOL price prediction system.
GOV Capital
The Solana price prediction for 2030 is currently between $ 322.36 on the lower end and $ 408.02 on the high end. Compared to today’s price, Solana could gain 518.69% by 2030 if it reaches the upper price target.
CoinCodex
Solana (SOL)
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Frequently Asked Questions
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Solana (SOL)
$ 202.94 Trade Now