$SOL price forecasts for 2024
The Bitcoin halving event in April 2024 sets the stage for a positive boost to the wider cryptocurrency market in 2024. For that reason, the analysts at Coinpedia are predicting a bullish trend that, if sustained through the year, may see Solana rise to a record high near the $500 mark. However, if the positive sentiment fails to stick, they predict $SOL could end up settling in the $290 range.
Similarly, an assessment by DigitalCoinPrice suggests Solana will break its previous record price during 2024, ultimately reaching the $392 level by the end of the year.
Conversely, CoinMarketCap has taken a far less bullish view of the price of Solana in 2024, publishing figures that suggest an average price across the year around the $206 mark.
According to an analysis published in March 2024, CoinPriceForecast has an extremely optimistic view of the price of Solana, expecting it to hit a mid-year price of $411 and an end-of-year high of $669. This represents a +556% percentage change over 2024.
