The following are some salient features of our most recent analysis of Solana price fluctuation and our forecasts for the future of Solana:
- The Solana price today trades at $166.75 with a current market cap of $78.48B and an intraday correction of 4.39%.
- The current Solana price is at a 36% discount from its all-time high of $260.06 on November 27, 2021.
- The initial price of Solana was $0.04 in 2028 in a seed sale and hit an all-time low at $0.5052 on May 12, 2020.
- As per the Solana (SOL) price prediction for 2024, the altcoin will have a price range between $168.57 and $198.95.
Solana Crypto Overview (Statistics)
| Cryptocurrency | Solana |
| Token | $SOL |
| Price | $240.36 |
| Price Change (24h) | -1.11% |
| Solana Market Cap | $114.48B |
| Trading Volume | $8.05B |
| Circulating Supply | 474,572,479 SOL |
| All-Time High | $ 260.60 (Nov 07, 2021) |
| All-time Low | $0.5052 (May 12, 2020) |
| Volatility | 12.41% (High) |
| Fear-Greed Index | 83 (Extreme Greed) |
| Sentiment | Bullish |
| Green Days | 19/30 (63%) |
Short-Term Price Predictions For Solana
Solana price predictions for the next 5 days depend on the broader market sentiments and the rising conflict in East Asia. Based on the historical data of the SOL token price and technical analysis, here are the next potential 5-day predictions.
| Date | Price |
|---|---|
| Nov 20, 2024 | $239.76 |
| Nov 21, 2024 | $241.99 |
| Nov 22, 2024 | $241.07 |
| Nov 23, 2024 | $240.36 |
| Nov 24, 2024 | $241.54 |
| Nov 25, 2024 | $241.76 |
| Nov 26, 2024 | $240.26 |
| Nov 27, 2024 | $239.34 |
| Nov 28, 2024 | $239.90 |
| Nov 29, 2024 | $239.29 |
| Nov 30, 2024 | $238.50 |
| Dec 1, 2024 | $240.11 |
| Dec 2, 2024 | $247.88 |
| Dec 3, 2024 | $247.17 |
| Dec 4, 2024 | $248.51 |
| Dec 5, 2024 | $253.88 |
| Dec 6, 2024 | $255.99 |
| Dec 7, 2024 | $256.06 |
| Dec 8, 2024 | $261.04 |
| Dec 9, 2024 | $268.77 |
| Dec 10, 2024 | $272.35 |
| Dec 11, 2024 | $269.80 |
| Dec 12, 2024 | $269.29 |
| Dec 13, 2024 | $268.07 |
| Dec 14, 2024 | $267.36 |
| Dec 15, 2024 | $269.35 |
| Dec 16, 2024 | $272.70 |
| Dec 17, 2024 | $274.67 |
| Dec 18, 2024 | $273.54 |
| Dec 19, 2024 | $270.63 |
Solana Price Predictions 2024 – 2030
As the crypto market stands on the verge of becoming a bear market, the upcoming price trend in Solana remains uncertain. However, based on past performance data and technical analysis, here is the Solana price prediction for the coming years from 2024 to 2030.
| Year | Yearly Low | Yearly High | Yearly Average |
|---|---|---|---|
| 2024 | 239.48 | 275.65 | 257.57 |
| 2025 | 235.65 | 615.71 | 425.68 |
| 2026 | 211.91 | 375.66 | 293.79 |
| 2027 | 220.84 | 388.56 | 304.70 |
| 2028 | 356.63 | 642.75 | 499.69 |
| 2029 | 594.23 | 1,044.46 | 819.35 |
| 2030 | 566.11 | 760.09 | 663.10 |
| 2040 | 2,162.98 | 3,249.43 | 2,706.21 |
| 2050 | 8,288.20 | 10,963.01 | 9,625.61 |
Solana Price Prediction for 2024
The cryptocurrency market recorded a massive crash in a matter of days in early October as the geopolitical turmoil in East Asia grew dire. The total crypto market capitalization drops to nearly $2T, signaling a potential bear market incoming.
Amid the crash, the price of SOL drops under $150 and heads to critical support at $124. However, the historical Q4 data suggests a recovery ahead of time if the global situation cools down. Hence, the Solana price forecast for 2024 anticipates a range between $239 and $276, with an average price of $258.
Solana Price Prediction 2025
With the recovery rally starting 2025 on a bullish note, the Solana active ecosystem expansion in a bull market will boost the SOL prices. As Ethereum and other network bases shift to Solana for high throughput and low transaction costs, the demand for SOL tokens will increase in 2025.
| Month | Minimum Price | Maximum Price | Monthly Average |
|---|---|---|---|
| February | $240.41 | $257.78 | $249.10 |
| January | $240.02 | $252.70 | $246.36 |
| March | $235.65 | $246.49 | $241.07 |
| April | $260.28 | $310.35 | $285.32 |
| May | $412.03 | $452.46 | $432.25 |
| June | $438.50 | $477.21 | $457.86 |
| July | $520.63 | $570.14 | $545.39 |
| August | $461.13 | $513.98 | $487.56 |
| September | $427.35 | $469.34 | $448.35 |
| October | $346.55 | $371.80 | $359.18 |
| November | $330.80 | $345.59 | $338.20 |
| December | $332.43 | $376.45 | $354.44 |
Based on the Solana price prediction 2025 reports, the maximum price of SOL will be $616, with a minimum price of $236, creating a huge price range. Further, the average trading price of Solana will remain at $426.
Solana Price Analysis for 2026
With a bear market resulting in a crash in Bitcoin and altcoins before the fifth halving event will wipe out a major chunk of Solana’s market cap. The downfall in the price of Solana in 2026 will result in a quick plunge under $300 and break multiple supports.
| Month | Minimum Price | Maximum Price | Monthly Average |
|---|---|---|---|
| January | $314.46 | $355.72 | $335.09 |
| February | $260.09 | $277.93 | $269.01 |
| March | $244.19 | $255.64 | $249.92 |
| April | $251.09 | $259.91 | $255.50 |
| May | $253.65 | $263.83 | $258.74 |
| June | $248.19 | $250.91 | $249.55 |
| July | $244.44 | $249.99 | $247.22 |
| August | $219.20 | $239.54 | $229.37 |
| September | $215.67 | $218.68 | $217.18 |
| October | $211.91 | $216.71 | $214.31 |
| November | $223.52 | $235.22 | $229.37 |
| December | $230.45 | $234.03 | $232.24 |
Hence, the Solana price prediction for 2026 anticipates a minimum SOL price of $212 and a maximum level of $376. Thus, the forecasted average price in 2026 will stand at $294.
SOL Price Prediction for 2027
With the selling pressure reaching its peak in 2027, the layer-1 blockchain space will face a crypto winter like 2022-23. Trading under broken milestones with less than half of its network activity, the maximum prices of SOL will remain under the $200 mark.
| Month | Minimum Price | Maximum Price | Monthly Average |
|---|---|---|---|
| January | $225.19 | $230.62 | $227.91 |
| February | $230.40 | $233.99 | $232.20 |
| March | $228.88 | $231.35 | $230.12 |
| April | $220.84 | $226.31 | $223.58 |
| May | $223.58 | $232.63 | $228.11 |
| June | $232.43 | $236.18 | $234.31 |
| July | $226.14 | $229.51 | $227.83 |
| August | $227.87 | $231.45 | $229.66 |
| September | $232.98 | $251.96 | $242.47 |
| October | $284.08 | $295.15 | $289.62 |
| November | $309.64 | $346.98 | $328.31 |
| December | $337.51 | $355.18 | $346.35 |
Based on the SOL price prediction for 2027, the minimum value will reach a low of $221 and a high of $389, resulting in an average price of $305.
Solana Price Prediction for 2028
With the altcoin market making a comeback in the Bitcoin halving year, Solana will witness a boost in network activity. As the Solana network activity resurfaces with large transactions, the Solana (SOL) price prediction expects a trend reversal rally with a range breakout surpassing $200.
| Month | Minimum Price | Maximum Price | Monthly Average |
|---|---|---|---|
| January | $356.63 | $373.89 | $365.26 |
| February | $412.91 | $465.35 | $439.13 |
| March | $422.83 | $477.04 | $449.94 |
| April | $409.43 | $445.49 | $427.46 |
| May | $436.84 | $469.66 | $453.25 |
| June | $414.29 | $429.24 | $421.77 |
| July | $409.21 | $471.09 | $440.15 |
| August | $410.09 | $433.29 | $421.69 |
| September | $416.43 | $436.08 | $426.26 |
| October | $429.42 | $463.93 | $446.68 |
| November | $467.84 | $564.81 | $516.33 |
| December | $609.04 | $632.01 | $620.53 |
Hence, with a breakout run, the price of Solana could hit the $643 mark from the annual low of $357. Further, the average price target in 2028 comes at $500.
SOL Price Prediction for 2029
The trend reversal rally in Solana will witness similar market conditions in 2025, resulting in a boost in market price. Solana’s growth will scale up with the Solana ecosystem competing against Ethereum and marking minor wins like higher DEX volume and better-performing tokens or meme coins.
| Month | Minimum Price | Maximum Price | Monthly Average |
|---|---|---|---|
| January | $599.88 | $619.09 | $609.49 |
| February | $599.41 | $613.52 | $606.47 |
| March | $594.23 | $607.82 | $601.03 |
| April | $623.40 | $695.50 | $659.45 |
| May | $813.63 | $853.04 | $833.34 |
| June | $836.89 | $886.34 | $861.62 |
| July | $934.05 | $991.91 | $962.98 |
| August | $861.34 | $921.19 | $891.27 |
| September | $820.00 | $864.74 | $842.37 |
| October | $725.60 | $750.78 | $738.19 |
| November | $706.95 | $722.12 | $714.54 |
| December | $721.39 | $763.92 | $742.66 |
The SOL price predictions for 2029 target a new high of $1,044 and a minimum price of $594. Amid the recovery rally and a newfound demand for Solana’s ecosystem, the average trading price will remain at $819.
Solana Price Forecast for 2030
Despite the short-term volatile nature, many investors anticipate the bull run in Solana will inch closer to the psychological mark of $500 by the end of the decade.
| Month | Minimum Price | Maximum Price | Monthly Average |
|---|---|---|---|
| January | $661.47 | $731.14 | $696.31 |
| February | $623.19 | $641.09 | $632.14 |
| March | $604.34 | $617.11 | $610.73 |
| April | $613.91 | $624.34 | $619.13 |
| May | $610.18 | $626.14 | $618.16 |
| June | $609.09 | $612.42 | $610.76 |
| July | $602.65 | $610.58 | $606.62 |
| August | $572.94 | $596.95 | $584.95 |
| September | $570.56 | $574.20 | $572.38 |
| October | $566.11 | $572.20 | $569.16 |
| November | $590.08 | $594.50 | $592.29 |
| December | $585.02 | $591.89 | $588.46 |
However, based on our Solana price predictions, the uptrend in SOL will likely be limited to the $760 mark, with a minimum value of $566, resulting in an average of $663. Hence, the Solana Prediction 2030 edition anticipates a bullish trend continuation throughout the year.
Technical Analysis of Solana Price Today
- The Solana price trend shows declining peak formations in the Solana price chart after facing rejections from $200.
- Creating double tops with constant concrete support near $125, Solana’s price maintains a sideways trend.
- Amid the increasing market volatility and historical trend suggesting a bull run in October, Solana’s price trend reveals an underlying shift in momentum.
- With a potential inverted head and shoulder pattern nearing completion, SOL price action reveals a neckline at $163.
- Based on the Fibonacci levels, the neckline in the Solana chart aligns with the 50% level.
- Today’s price of Solana trades at $143, slightly above the 200D EMA, while facing opposition near the 50D EMA.
- Despite the increased volatility, the daily RSI line shows a rising trend in the sol chart, reflecting a healthy increase in bullish momentum.
- If the cryptocurrency market maintains the historical trend of an Uptober rally, the Solana price can surpass the neckline for a rally to $249 or $325.
Historical Data Of The Solana Blockchain
Since the Solana mainnet launch in 2020, the SOL price has increased exponentially, giving astronomical returns to its early investors. From witnessing the post-COVID bull run to the FTX exchange and a series of black swan events in 2022 and finally taking a bull run, Solana has faced it all. Let’s quickly recap all the significant events and historical milestones of the Solana blockchain.
- Starting with the Solana mainnet launch in 2020, it quickly gained attention from developers, users, and investors alike.
- Before the launch, Solana, a rising name in the blockchain space, was capable of handling bursts of 250K TPS with just 50 nodes and using its noble timekeeping method.
- Following the launch, the DeFi boom in 2021 led to a massive expansion in the Solana ecosystem, resulting in an all-time high of $260.
- The following year, the Solana Foundation and Solana Ventures made a $100 million investment and grant fund to boost Web 3.0 startup projects and protocols in Korea.
- In 2023, Solana partnered with multiple technology giants, including AWS, Google Cloud, and Samsung.
- In 2024, the Solana blockchain ecosystem made an explosive comeback with a surge in meme coins.
Is Now The Time To Buy, Sell, Or Hold $SOL?
Based on the current Solana price trend in a volatile market, the impressive 100% surge in early 2024 maintains a Year-to-date growth of 44%. As the alt season is near, with the market anticipations of Bitcoin reaching $100K in 2024, Solana under $150 is an excellent position to buy.
However, sharp moves and quick plunges to $125 are possible as the market volatility increases. A plunge to $125 will provide a buying opportunity for outsiders and a test to HODL or lower the average for existing investors. Meanwhile, the $163 breakout will also signal a breakout entry opportunity.
Solana Coin Price Prediction By Experts & Analysts
Anticipating a bull run ahead, the cryptocurrency market holds multiple bullish price predictions for Solana. Based on the historical price trend, resurfacing demand for DeFi, potential Solana ETF, and other catalysts fuel the optimism.
Digital Coin Price expects the maximum price of Solana to reach $317.90 by the end of 2024. By the end of this decade, the Digitalcoinprice targets Solana, crossing the thousand dollar mark to reach $1,084.25 in 2030.
With a gradual surge in momentum, Coincodex targets Solana to reach the $167.21 peak in 2024. Further, the bull run in Solana is likely to hit the $433.18 mark by the end of 2030.
According to CoinDCX, the bullish trend in Solana will peak at $680 in 2030, with a gradual boost in momentum after making a $220 peak in 2024.
Putting the least short-term bullish target, Changelly anticipates SOL prices to reach $158.90 in Q4 2024. However, the long-term target from Chagelly for Solana is an impressive bullish target of $1,156.62 in 2030.
Factors Influencing Solana Prices
Amid the rising demands for decentralized finance in the crypto industry, Solana is a rising name with a high-performing blockchain. The Solana predictions anticipate the novelist blockchain will boost the DeFi and NFT activity, leading to a bull run in the coming times.
The main factors deciding the Solana Coin price prediction in the coming times will be the network updates, the growth of DeFi and NFT in the crypto space, and a potential Solana ETF.
- The network updates over Solana will play a crucial part in boosting the market demand for the SOL tokens. As one of the fastest-growing blockchain ecosystems with a massive output, a top Ethereum-killer candidate, and a potential bull run ahead, the SOL prediction is bullish.
- The growing DeFi space has a rising need for staking protocols, lending and borrowing protocols, and other DEXs. With a recent surge in DEX volume surpassing Solana surpassing Ethereum, the Solana network is becoming a go-to choice in the market.
- Along with the Solana ETF in Brazil, the Solana ETPs are getting popular in many countries like Canada and the Netherlands. Amid the growing adoption and expanding network, Solana will become mainstream and boost its market price.
Hence, based on the above factors, the Solana crypto price prediction expects the growth rally to continue in 2025.
What is Solana in the Crypto World?
Known as the Ethereum-killer by SOL holders, it is a decentralized, layer-1 blockchain ecosystem. With its superfast blockchain with high throughput and impressively low transaction costs, Solana is the place for new decentralized applications and DeFi protocols.
The native token of Solana, SOL, powers the ecosystem and is used for transactions, staking, and governance. With fluctuations in the network health, the Solana’s market price
The Founders of Solana
Solana was founded by Anatoly Yakovenko and Raj Gokal in 2017. The former remains the CEO of Solana Labs, and the latter is the COO of Solana Labs. Solana’s foundation members have worked at MNCs like Qualcomm, Dropbox, Omada Health, etc.
The founder’s expertise and a dream to extend the blockchain boundaries helped Solana become the 5th biggest crypto in the world.
What Makes Solana Unique?
Solana works on the Proof-of-history consensus that allows for such scalability and efficiency. Further, the hybrid model of Solana’s blockchain reduces validation times and increases the transaction speed, leading to faster processing. As a leading platform, the developer community and the DeFi participants reach out to Solana.
Market Sentiment On Solana Forecast
The market sentiment in Q4 of the halving year has historically been bullish. However, amid global tensions, the current sentiment is on a recovery path after a bearish week. Aiming for the $150 mark, the bull run in Solana is gaining pace, with the crypto market taking a turnaround.
Further, the crypto gear and fear index surpasses 50, reflecting the neutral market sentiments gradually turning bullish.
Conclusion: Is Solana Worth Buying?
In conclusion, the Solana price forecasts remain bullish with the historical price cycles to continue the bull run in 2025. However, a pullback is possible in 2026 and 2027 before it regains momentum in the next Bitcoin Halving year. Further, the increasing optimism of the DeFi space and the growing adoption of smart contracts will fuel the market demand for Solana.
Meanwhile, based on our predictions and the crypto experts, the Solana price will likely end the decade on a bullish note and range between $500 to $1,000.
FAQs
What is Solana Price Today?
The Solana price today is at $240.36. The SOL coin shows a 7.5% discount from the all-time high of $260.06.
How much will Solana be worth in 2025?
Based on the Solana (SOL) prediction for 2025, a bull run will continue for the entire year with a gradual rise in trading volume. Surpassing the $260 level, Solana’s price could be worth $616 to create a new all-time high possible in 2025. Further, the SOL crypto price could range from a minimum of $236 to an average price of $426.
What is Solana Staking?
To power Solana’s consensus, validators need to stake SOL tokens or lock up those tokens as collateral before verifying the transactions. This increases the credibility of the validators as the staked tokens act as a guarantor. In exchange for staked tokens, the validators, once selected to validate a node, benefit from the SOL rewards in return.
Is it a Good Time to Buy $SOL?
As the crypto market bounces back and the anticipation of a breakout rally increases in Solana, it is a good time to buy SOL before it crosses $200 for good. A breakout rally amid a bull market is likely to keep Solana’s price inflated above $200.
How can I Buy $SOL Tokens?
One of the easiest ways to buy SOL tokens is via centralized crypto exchanges like Binance, Kucoin, OKX, etc. After completing the sign-up and KYC process, you can buy Solana from the Spot trading section in exchange for USDT, USDC, or BTC. Over decentralized exchanges, you can save on transaction fees and get SOL tokens directly into your crypto wallet.
What is the Future of the SOL coin?
Based on the SOL price predictions, optimism in the future of SOL coin holds with the rising network demand and the crypto space recovery. Rising from its ashes after the 2021 crash, the bull run in SOL is likely to create a new all-time high in the coming year, with crypto experts anticipating that SOL could hit $1,000 by 2040.
Is Solana a Good Investment?
As the general market anticipates the fifth-biggest cryptocurrency and the #1 contender to Ethereum, the bull run in Solana seems inevitable. This makes Solana a good investment in the long term as the DeFi and dApps become more mainstream along with the financial inclusion of the unbanked communities. Further, with the price targets ranging from $500 to $1,000 in this decade, Solana is a good investment.
