Story Highlights
- Solana price could reach a potential high of $36.87 by the end of 2023.
- Solana network has one of the fastest transaction speeds and success rate when compared to its rivals.
- SOL price with a potential surge could go as high as $247.13 by the end of 2030.
- The current price of Solana is $ 24.96707968.
Solana has always been a hot topic of conversation, whether it’s due to groundbreaking technology or connections to infamous figures like FTX founder Sam Bankman Fried. Now 2022, definitely put Solana in a bearish spot but the times are changing for the better.
However, the recent legal victory of Ripple against the SEC has sparked a surge of optimism in the crypto world, and Solana has been riding that wave.
But it’s not all smooth sailing. The recent price surge of SOL coins has led to increased selling pressure around the $30 mark.
Yet, this hasn’t dampened the spirits of investors. In fact, it’s sparked a burning question that’s on everyone’s mind: Will Solana reach the $100 mark by the end of 2025?
So, we delve into our Solana Price Prediction 2023 – 2025. This covers in-depth technical and on-chain analysis. Plus, we’ll be exploring the factors that could drive Solana’s price to the $100 mark by 2023.
Solana (SOL) Price Prediction 2023 – 2030
Solana ecosystem was created by Anatoly Yakovenko as solid support to the crypto industry. Crypto seems to reclaim its name after the FTX scam and expand its active user base. With this growth, Solana coin prices can create a new all-time high after 2025 and cross the $500 barrier by the end of 2030.
SOL Price Prediction 2023
The recent surge in the Solana coin price has helped offset the losses incurred from the crash that occurred when the SEC classified the Solana token as a security in a lawsuit against Binance and Coinbase.
Additionally, the recent partial victory of Ripple pushed the SOL prices to levels not seen since the FTX collapse in November last year.
Given the current increase in network usage and a long-term bullish perspective forming in Solana, the altcoin may end 2023 at a new high.
Solana suffered a major loss not just in SOL prices but also in the market trust in November 2022. It was due to its close ties with Sam Bankman-Fried, the infamous founder of the FTX exchange.
However, the fees on the Solana network show a positive trend in the last month. Going hand in hand with the rising number of active users on the network. Resonating with the rise in SOL coin prices, these data points project an improving future for the Solana Network.
If Solana manages to sail across the challenges of the crypto-verse, whilst fixing the consensus issues. The price of SOL might escalate upwards of $29.4347.
Therefore, continuing on the progressive road, the SOL coin prices can end in 2023 at a high of $36.85.
On the flip side, if the sentiments fail to improve, the altcoin could settle at $19.97.
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2023 | 19.97 | 28.41 | 36.85 |
Solana Price Prediction July 2023
The price of Solana has seen a significant uptick recently, with an 80% increase over the past 30 days. This surge has brought the year-to-date growth to an impressive 164%. In the midst of this upward trend, the SOL price managed to breach the $26.41 mark.
However, the SOL prices dropped suddenly due to heightened selling pressure. This led to a 7.81% drop in Solana’s market value within the last 48 hours.
Considering the current trend, the SOL price is suspected to end July 2023 at $23.19.
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 $41.2086.
However, emerging rivals and stiffer competition might leave the price stranded at $25.9506. That being said, the regular price might find its base at $33.5796.
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2024 | 56.49 | 71.015 | 85.54 |
Solana coin 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 might be in hand for SOL. 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 $48.3089.
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2025 | 109.91 | 121.2 | 132.49 |
Solana Price Prediction 2026 – 2030
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2026 | 157.68 | 184.315 | 210.95 |
| 2027 | 180.61 | 221.615 | 262.62 |
| 2028 | 245.67 | 288.335 | 331 |
| 2029 | 308.54 | 356.305 | 404.07 |
| 2030 | 387.9 | 459.165 | 530.43 |
SOL Price Prediction 2026
For the year 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 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.
SOL Price Prediction 2028:
In 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 Price Prediction 2029:
Looking ahead to 2029, the Solana price forecast predicts 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.
SOL Price Prediction 2030:
Finally, by the year 2030, the potential low price for SOL is estimated to be $387.9, with an average price of $459.165. The potential high price for Solana in 2030 is projected to reach $530.43.
Market Analysis
| 2023 | 2024 | 2025 | |
| Gov Capital | $65.24 | $212.19 | $227 |
| DigitalCoinPrice | $55.56 | $63.11 | $92.62 |
| Long Forecast | $47.15 | $36.83 | $22.19 |
Raoul Pal’s Bold Prediction: Solana’s 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 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.
As per CoinPedia’s formulated SOL price prediction the price might surge higher to $36.85 in 2023. On the flip side, a failure to sustain recovery will plunge Solana prices to $18.53 by the end of 2023.
What Is Solana (SOL)?
Solana is a high-performance blockchain platform designed for decentralized applications (dApps) and cryptocurrencies. It aims to provide a scalable and efficient infrastructure for developers to build and deploy their applications.
The advent of the network dates back to 2017. The network was created by Anatoly Yakovenko and co-founder Greg Fitzgerald. Solana was formulated with a vision to empower scalability and transaction speeds.
In terms of its cryptocurrency, Solana has its native token called SOL. SOL plays a vital role within the Solana ecosystem, serving as the currency for transaction fees, staking, and participating in governance decisions.
Solana (SOL) Coin Historical Market Sentiment 2020 – 2021
FAQs
Solana with its strengths in fundamentals still holds significant prominence. That said, we can expect its glory to shine brighter with resolutions to shortcomings.
According to CoinPedia’s analysts, the digital asset could surge as high as $36.87 by the end of 2023.
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.
According to CoinPedia’s Solana price prediction, the altcoin might chug up to a maximum of $86.97 by the end of 2025. With a potential surge the price of SOL could reach a maximum of $247.13 by the end of 2030.
The Solana Foundation is dedicated to growing the Solana network into the world’s most decentralized and censorship-resistant blockchain.
At the time of publishing, the price of 1 SOL was $28.64.
The fees of Solana blockchain is one of the cheapest and most efficient.
Solana has a circulating supply of 402,902,926 with a total supply of 552,442,355.
SOL
BINANCE
Source: https://coinpedia.org/price-prediction/solana-sol-price-prediction/