The Next Bull Run and Solana’s Potential

This timeframe is expected to include the anticipated crypto bull run, during which SOL is expected to perform exceptionally well. In the last bull run, Solana surged by over 1500%, hitting an all-time high of $260. Based on that history, SOL holders could not only expect long-term gains but also a near-term price increase, especially as we move into Q4.

With Bitcoin expected to start a bullish trend in October, Solana could follow suit, benefiting from Bitcoin’s influence on the broader crypto market. If things unfold as they did before, SOL could see substantial gains by the end of the year.

For example, Solana surged from $22 to $112 in Q4 2023, delivering a 400% profit as Bitcoin rallied from $27,000 to $44,000 during the same period. If Solana repeats that performance, it could potentially reach $725 by December and even hit $2,175 next year.

SOL Price Overview

At the time of writing, Solana trades at $145.16 with a 2.20% gain on the past day. The token’s price reflects a steady performance over the last few weeks with gains of 4.62% and 3.03% over the past seven and thirty days respectively. Meanwhile, Solana’s daily trading volume is up by 23.07% and is valued at $3.17 billion.