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Home Blockchain

Solana Price Prediction 2024 – 2030: Will SOL Price Reclaim $200 In 2024?

by DigestWire member
October 14, 2024
in Blockchain, Crypto Market, Cryptocurrency
0
Solana Price Prediction 2024 – 2030: Will SOL Price Reclaim $200 In 2024?
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Solana Price Prediction

The post Solana Price Prediction 2024 – 2030: Will SOL Price Reclaim $200 In 2024? appeared first on Coinpedia Fintech News

Story Highlights

  • The live price of Solana crypto is  $ 153.04798752.
  • Solana price could reach a potential high of $350 by the end of 2024.
  • SOL price, with a potential surge, could go as high as $1,672 by the end of 2030.

With the altcoins market gradually making a comeback as Bitcoin nears $65k, Solana shows a recovery rally surpassing $150. As the fresh recovery in Solana crosses the psychological mark, the altcoin teases an Uptober rally this October.

With the crypto investors wondering about “Is Solana going to go up?” or “How high can Solana go?” the underlying sentiments target $200 this year. 

Well, to answer more such questions, we bring to you our Solana price prediction for 2024 – 2030. We’ll address these questions using our various analyses, market sentiments, and regular updates in the crypto world. 

Table of contents

  • Story Highlights
  • Overview
  • Solana Price Prediction 2024
  • Solana Price Prediction 2025
  • Solana Price Prediction 2026 – 2030
    • Solana Price Forecast 2026:
    • SOL Price Targets 2027:
    • Solana Price Prediction 2028:
    • SOL Coin Price Prediction 2029:
    • Solana Price Prediction 2030:
  • Market Analysis
    • Raoul Pal’s Bold Prediction: Solana Price Prediction Of A Potential 20x Rally :
  • CoinPedia’s Solana (SOL) Price Prediction
  • Solana (SOL) Coin Historical Market Sentiment 
  • FAQs

Overview

Cryptocurrency Solana
Token SOL
Price  $ 153.04798752 3.84%
Market Cap  $ 71,895,944,623.54
Trading Volume  $ 2,075,693,061.3275
Circulating Supply  469,760,797.1798
All-time High $260.06 Nov 07, 2021
All-time Low $0.5052 May 12, 2020
24 High Coming soon
24 Low Coming Soon

Solana Price Prediction October 2024

With an intraday gain of 3.71%, the Solana price gains dominance over the $150 psychological mark. This marks the 4th consecutive bullish candle and accounts for a 10.32% surge. 

Tradingview

Furthermore, this completes a double-bottom reversal from the $140 support and is heading towards the immediate resistance at $160. The recovery rally delays the death cross possibility between the 50-day and 200-day EMA and results in an uptick. 

Meanwhile, the daily RSI line supports the double bottom reversal and is heading towards the overbought zone. Based on the price action, the breakout rally could head for the $186 resistance by the end of this week. Meanwhile, the crucial support remains at $147 and $141.

Month Potential Low ($) Average Price ($) Potential High ($)
October 2024 $141 $163.5 $186

Solana Price Prediction 2024

Despite the frequent hiccups, the Solana coin price has grown 33,446.56% since its all-time low (ATL). Further, with the potential rate cuts coming in September, the chances of an altcoin season are increasing in 2024.

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 $350. On the flip side, if the sentiments fail to improve, the altcoin could settle at $90. 

Year Potential Low Average Price Potential High
2024 $90 $220 $350

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. 

Year Potential Low Average Price Potential High
2025 $209.91 $579.95 $750

Check out: Ethereum (ETH) Price Prediction 2024-2030

Solana Price Prediction 2026 – 2030

Year 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 $1,076.84
2029 $808.54 $1,156.305 $1,224.97
2030 $987.9 $1,359.165 $1,672.15

Solana Price Forecast 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 Targets 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 $1,076.84.

SOL Coin Price Prediction 2029:

Looking ahead to 2029, the Solana Price Prediction forecasts a potential low of $808.54, with an average price of $1,156.305. Moreover, the potential high price for SOL in 2029 can reach $1,224.97.

Solana Price Prediction 2030:

For Solana Price Prediction 2030, we estimate a potential low at $987.9, with an average price of $1,359.165. The potential high price for Solana in 2030 is projected to reach $1,672.15.

Market Analysis

 Solana Price Prediction 2024 2025
Gov Capital $212.19 $227
DigitalCoinPrice $63.11 $92.62
Long 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 $350 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 $350 by the end of 2024.

Year Potential Low Average Price Potential High
2024 $90 $145 $350

Also, read our Tron (TRX) Price Prediction 2024-2030

Solana (SOL) Coin Historical Market Sentiment 

SOL price history

Also, Read Coinpedia’s Price Analysis with the latest content on the recent market trend that enables you to get closer to the price movements & actions of the various cryptocurrencies.

FAQs

What is the current price of the Solana token?

At the time of writing, the value of one SOL coin price was $143.33.

Will the SOL price reach $350 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.

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

The digital asset could surge as high as $350 by the end of 2024.

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.

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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