With the market struggling to sustain momentum, Solana’s price struggles to sustain above the $100 psychological mark. Further, the ongoing crash in the overall market warns of a downtrend continuation in SOL price trend.
However, Solana is ready for a boost if the bullish trend regains momentum with the network growth. 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.
| Cryptocurrency | Solana |
| Token | SOL |
| Price | $ 153.82511981 |
| Market Cap | $ 69,014,912,571.7104 |
| Trading Volume | $ 2,899,728,303.0886 |
| Circulating Supply | 448,658,272.8425 |
| All-time High | $260.06 Nov 07, 2021 |
| All-time Low | $0.5052 May 12, 2020 |
| 24 High | $ 155.7500 |
| 24 Low | $ 140.6100 |
As one of the top-performing layer-1 altcoins in early 2024, Solana is experiencing a significant pullback. This decline has pushed the SOL token price below the psychological mark of $150, indicating a potential drop to $100.
According to the Fibonacci retracement, the 50D EMA breakdown rally cracks the 50% Fib level at $135. A breakdown under this level threatens both the $100 psychological mark and the 200D EMA.
Nonetheless, a demand cushion at $112 helps in a comeback and could reignite the uptrend. In this scenario, the rebound offers an excellent opportunity for dip-buying among sideline traders.
Moreover, the highly anticipated post-halving rally could propel the SOL price to $250 in the coming weeks.
| Solana Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| May 2024 | $100 | $175 | $250 |
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 $90.
| Solana Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| Solana price prediction 2024 | $90 | $145 | $500 |
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 $579.95.
| Solana Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2025 | 209.91 | 579.95 | 750 |
| Solana Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2026 | 357.68 | 624.315 | 886.35 |
| 2027 | 480.61 | 761.615 | 942.61 |
| 2028 | 645.67 | 888.335 | 1076.84 |
| 2029 | 808.54 | 1156.305 | 1224.97 |
| 2030 | 987.9 | 1359.165 | 1672.15 |
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.
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.
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.
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.
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 Price Prediction | 2024 | 2025 |
| Gov Capital | $212.19 | $227 |
| DigitalCoinPrice | $63.11 | $92.62 |
| Long Forecast | $36.83 | $22.19 |
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.
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 $500 by the end of 2024.
| Solana Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2024 | $90 | $170 | $500 |
Solana with its strengths in fundamentals still holds significant prominence. That said, we can expect its glory to shine brighter with resolutions to shortcomings.
The digital asset could surge as high as $500 by the end of 2024.
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.
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.
The Solana Foundation is dedicated to growing the Solana network into the world’s most decentralized and censorship-resistant blockchain.
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