Solana Price Prediction 2024 – 2030: A New Surge as SOL Eyes $500!

The post Solana Price Prediction 2024 – 2030: A New Surge as SOL Eyes $500! appeared first on Coinpedia Fintech News

Story Highlights

Solana price could reach a potential high of $500 by the end of 2024.

Solana network has one of the fastest transaction speeds and success rates when compared to its rivals.

SOL price, with a potential surge, could go as high as $1672 by the end of 2030.

The current price of Solana is  $ 183.80465056.

With the bull market gaining momentum, Solana’s price sustains above the $100 psychological mark, sustaining an uptrend with additional momentum. Further, the ongoing retest brings an entry spot for sideline traders with high anticipations of a new 52-week high.

With the bullish trend gaining momentum and the recent rounding reversal coupled with the network growth, Solana is ready for a boost. Further, with the overall market recovery trend anticipating an altcoin season, the SOL price is setting its eye near $500 in 2024.

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. 

Overview

CryptocurrencySolanaTokenSOLPrice $ 183.80465056 -9.87% Market Cap $ 81,588,442,378.8831Trading Volume $ 11,702,831,719.5068Circulating Supply 443,886,714.1369All-time High$260.06 Nov 07, 2021All-time Low$0.5052 May 12, 202024 High $ 210.180024 Low $ 180.1100

Solana News Update

To encourage conventional businesses to use the Solana blockchain, a set of 13 innovative features, known as token extensions, has been introduced. These features offer enhanced control and adaptability for businesses regarding the tokens they create.

Solana-based Jupiter Announces 1 Billion JUP Token Airdrop

Solana Price Prediction March 2024

With the cup and handle pattern breakout, the SOL price is on a bullish roll and breaks multiple overhead barriers. As the breakout run completes a peak formation above $200 at $210, the anticipations for an extended rally are growing dramatically in the market.

With the ongoing uptrend challenging the 78.60% Fibonacci resistance and the overhead supply above $200, Solana stands at a pivotal point. Currently, the sellers have drawn out a minor correction that has led to an evening star. This could retest the $158 mark or the 61.80% Fib level.

Nevertheless, with the rising momentum, the SOL price is eyeing the breakout run to breach the $200 mark and reach $250.

Solana Price PredictionPotential Low ($)Average Price ($)Potential High ($)March 2024$90$170$250

Solana Price Prediction 2024

Overall, the 2023 year has been positive for the Solana coin price. Despite the frequent hiccups, the Solana coin price has grown 536%.

And with the golden crossover in the daily chart, the future trend seems positive for the Solana coin price. Moreover, with multiple bullish patterns and potential breakouts, the ongoing uptrend refuels the trend momentum and aims at the $250 mark.

Also Read: Polygon Price Prediction 2024 – 2025: With Polygon 2.0, Will MATIC Rebound in 2023?

Considering the Bitcoin Halving event in April 2024 brings positivity to the altcoin market, Solana coin price is expected to boom in the coming month. Moreover, with 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. Further, 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 2024 at a high of $500. 

On the flip side, if the sentiments fail to improve, the altcoin could settle at $90. 

Solana Price PredictionPotential Low ($)Average Price ($)Potential High ($)Solana price prediction 2024$90$145$500

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 $750. 

New regulations in the future can afflict the price movements, and thereby, a possible low is set for the SOL coin price. If this happens, then a slight pullback can draw Solana to $209.91 by the end of 2025. Considering the bullish and bearish targets, the average price might land at $579.95. 

Solana Price PredictionPotential Low ($)Average Price ($)Potential High ($)2025209.91579.95750

Solana Price Prediction 2026 – 2030

Solana Price PredictionPotential Low ($)Average Price ($)Potential High ($)2026357.68624.315886.352027480.61761.615942.612028645.67888.3351076.842029808.541156.3051224.972030987.91359.1651672.15

Solana Price Prediction 2026:

By the Solana Price Prediction 2026, the potential low price for SOL is $357.68, with an average price projected at $624.315 and a potential high of $886.35.

SOL Price Prediction 2027:

Moving on to Solana Price Prediction 2027, the potential low price for SOL is estimated at $480.61, while the average price is predicted to be around $761.615. The potential high price for SOL in 2027 is projected to reach $942.61.

Solana Price Prediction 2028:

As per the Solana Price Prediction 2028, the potential low price for SOL is expected to be $645.67, with an average price of $888.335. Further, the potential high price for SOL during this year is projected to reach $1076.84.

SOL Coin Price Prediction 2029:

Looking ahead to 2029, the Solana Price Prediction forecasts a potential low at $808.54, with an average price of $1156.305. Moreover, the potential high price for SOL in 2029 can reach $1224.97.

Solana Coin Price Prediction 2030:

Finally, by the year 2030, Solana Price Prediction estimates a potential low at $987.9, with an average price of $1359.165. The potential high price for Solana in 2030 is projected to reach $1672.15.

Solana (SOL) Price Prediction 2024- 2030

Market Analysis

 Solana Price Prediction20242025Gov Capital$212.19$227DigitalCoinPrice$63.11$92.62Long Forecast$36.83$22.19

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 $500 in 2024. On the flip side, a failure to sustain recovery will plunge Solana prices to $90 by the end of 2024. 

We expect the SOL coin price to reach $500 by the end of 2024.

Solana Price PredictionPotential Low ($)Average Price ($)Potential High ($)2024$90$170$500

Solana (SOL) Coin Historical Market Sentiment 2020 – 2021

FAQs

Will Solana reclaim its crown of being an Ethereum killer?

Solana with its strengths in fundamentals still holds significant prominence. That said, we can expect its glory to shine brighter with resolutions to shortcomings.

How high can Solana price go by the end of 2024?

The digital asset could surge as high as $500 by the end of 2024.

Will the SOL price reach $500 by the end of 2025?

According to our Solana price prediction, the altcoin might chug up to a maximum of $750 by the end of 2025. Further, with a potential surge, the price of SOL could reach a maximum of $1672 by the end of 2030.

Will Solana enter the top-5 cryptos in terms of market capitalization by 2024?

Solana holds the potential to climb higher on the market cap rankings. The digital asset could make it to the target if it does not fall to negative criticism.

What is the Solana Foundation?

The Solana Foundation is dedicated to growing the Solana network into the world’s most decentralized and censorship-resistant blockchain.

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