Because the cryptocurrency market has underperformed in 2025 up to now, prime cash like Solana (SOL) are largely within the crimson. SOL is down over 30% previously month alone regardless of going into the brand new yr extraordinarily bullish. Previous to the beginning of the yr, value predictions had Solana breaching $300 and past for the primary time. Nonetheless, the SOL cryptocurrency now sits beneath $150, lower than half of that prediction.
Some analysts have gone so far as predicting an almost 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 largest winners of 2025. With the primary pro-crypto administrator set to take over the White Home, it was prone to be the subsequent crypto-based ETF to obtain regulatory approval in america, becoming a member of Bitcoin and Ethereum. Whereas an ETF would absolutely gasoline 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 just like the Solana market shall be taking it sluggish over the subsequent few years. In response to information from CoinCodex, the best value degree that SOL will commerce at in 2025 is $288. It is a notable spike when in comparison with its present value, however $500 continues to be at a distance. The agency revealed that SOL will be capable to attain a peak of $500 solely within the yr 2029. Throughout this time, the altcoin will commerce at a most value of $519 in October of 2029.
With the SEC’s latest selections round delaying XRP ETFs, SOL could have to attend a bit longer for its ETF-based surge this yr. The Solana community was just lately utilized by Donald Trump to launch his TRUMP meme coin, placing extra of a highlight on SOL. Skyrocketing 28,000%, it proved to be a large success for the present US President’s meme coin. Thus, Solana could 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 probably, with the crypto market warming again up, SOL might see a slight rebound within the coming weeks in direction of $150.
