Because the cryptocurrency market has underperformed in 2025 to date, prime cash like Solana (SOL) are largely within the crimson. SOL is down over 30% up to now month alone regardless of going into the brand new yr extraordinarily bullish. Previous to the beginning of the yr, worth predictions had Solana breaching $300 and past for the primary time. Nevertheless, the SOL cryptocurrency now sits beneath $150, lower than half of that prediction.
Some analysts have gone so far as predicting a virtually 100% surge for the SOL asset to $500 from that $250 mark it floated round in December. Coming into the yr, Solana was anticipated to be one of many greatest winners of 2025. With the primary pro-crypto administrator set to take over the White Home, it was prone to be the following crypto-based ETF to obtain regulatory approval in america, becoming a member of Bitcoin and Ethereum. Whereas an ETF would certainly gas Solana to new highs, it might take a bit extra to make SOL hit $500 this yr.
Can Solana SOL Nonetheless Attain $500 in 2025?
It seems to be just like the Solana market might be taking it gradual over the following few years. In response to information from CoinCodex, the very best worth degree that SOL will commerce at in 2025 is $288. This can be a notable spike when in comparison with its present worth, however $500 continues to be at a distance. The agency revealed that SOL will have the ability to attain a peak of $500 solely within the yr 2029. Throughout this time, the altcoin will commerce at a most worth of $519 in October of 2029.
With the SEC’s current choices round delaying XRP ETFs, SOL might have to attend a bit longer for its ETF-based surge this yr. The Solana community was not too long ago utilized by Donald Trump to launch his TRUMP meme coin, placing extra of a highlight on SOL. Skyrocketing 28,000%, it proved to be an enormous success for the present US President’s meme coin. Thus, Solana might have some favoritism round it heading into approval season.
At press time, Solana is buying and selling at $124. Buying and selling quantity across the altcoin is down 29.34% within the final 24 hours, as traders look ahead to an indication of what’s to return subsequent for SOL. Very seemingly, with the crypto market warming again up, SOL might see a slight rebound within the coming weeks in direction of $150.
