Solana Price Prediction 2023, 2024, 2025, 2026

With Bitcoin stabilizing over $34K, the markets are gaining momentum int he hopes of a coming breakout to exceed the $35K barrier. Moreover, the growing sentiments around the Bitcoin Spot ETF approval by the SEC increases the momentum of ongoing sentiments-based rally. This has led to a bull run among altcoins like Solana (SOL) leading to price breakout.

In addition to the Bitcoin rally, the SOL price action displays a breakout rally ready to rise above the overhead resistances. With the breakout rally gaining momentum, the chances of an uptrend crossing the $40 mark is increasing.

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 2023 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.

Overview

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.

Solana Price Prediction November 2023

Gaining momentum with the market recovery, Solana rises along in a suitable market condition along with other altcoins. The SOL price reclaims multiple resistance levels and tops the psychological mark of $40.

Further, the SOL price trend displays a recovery rally crossing above the rising channel pattern to give a bullish breakout. The breakout rally crosses above $40 to hit $46.97 before calming down to current market price of $43.59.

The bullish rally of 40% in the last five days forms consecutive green candles and teases a trend continuation above the psychological mark of $50. Further, the rising volume candles support the bullish recovery.

If the uptrend sustains above the $40 mark and gains momentum, the SOL price can cross the $50 mark. Further, the prices can reach $60 by the end of November.

On the flip side, a reversal from $45 can retest the $40 mark. Moreover, a loss of bullish dominance at $40 can plunge the prices to $25.

Solana Price Prediction 2023

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 248%.

And with the golden crossover in the daily chart, the future trend seems positive for the Solana coin price. With the rounding bottom pattern and the trendlien breakout, the ongoing uptrend renews trend momentum and aims at the $75 mark.

Also Read: Polygon Price Prediction 2023 – 2025: With Polygon 2.0, Will MATIC Rebound in 2023?

Considering the Bitcoin ETF move brings positivity to the altcoin market, Solana coin price is expected to boom in the coming month. Moreover, 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 2023 at a high of $75. 

On the flip side, if the sentiments fail to improve, the altcoin could settle at $25. 

Solana Price Forecast 2024

By the end of 2024, Solana might attract a myriad of projects to be built on its network. Whilst also enticing the creation of NFTs. In such a scenario, the thriving user base might stimulate the price to a maximum of $100.

However, emerging rivals and stiffer competition might leave the price stranded at $56.49. That being said, the regular price might find its base at $78.24. 

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 $57.6920. 

New regulations in the future can afflict the price movements, and thereby, a possible low is set for SOL coin price. If this happens, a slight pullback can draw Solana to $38.9259 by the end of 2025. Considering the bullish and bearish targets, the average price might land at $48.3089. 

Solana Price Prediction 2026 – 2030

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 touch 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

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 $36.85 in 2023. On the flip side, a failure to sustain recovery will plunge Solana prices to $16.42 by the end of 2023. 

We expect the SOL coin price to reach $36.85 by the end of 2023.

Solana (SOL) Coin Historical Market Sentiment 2020 – 2021

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