Solana will close August on a slow note as it’s now trading at around $138, meaning crucial $140 support was lost this week. Solana bulls managed to protect this support throughout the month following the crash on August 5th.
Traders are now wondering whether they’re too late when it comes to Solana. The yearly high is $209, while the ATH (from 2021) is $260. Solana still has some work to do to break these levels, let alone achieve any bigger price spikes.
I decided to ask Gemini’s AI how much you would have in 2025 if you invest $1,000 in Solana’s token today.
Factors Considered
There are several factors I gave to AI to predict Solana price more accurately. One of those factors is, for instance, the possibility of SOL ETFs being introduced in the US by 2025. Additionally, elite analysts unanimously anticipate a bull run in late 2024 and 2025.
Moreover, the total stablecoin market cap is at an all-time high, indicating that there’s substantial liquidity in the market. This liquidity could potentially fuel another leg up in the current bull run. Furthermore, Bitcoin and Ethereum ETFs are already live and trading, which is generally seen as a positive sign as well.
Solana’s performance within the cryptocurrency ecosystem is another crucial factor. So far this bull run, Solana’s ecosystem has been the best-performing. Lastly, the projection assumes a target Bitcoin price of $100,000 by 2025, up from its current price of around $59,000. Bitcoin’s performance often influences the broader crypto market, including Solana.
Solana Price Predictions
Pessimistic Scenario
Solana Price in 2025: $300
ROI:
Initial Investment: $1,000
Number of Solana Tokens: Approximately 7.25 tokens
Total Value in 2025: 7.25 * $300 = $2,175
ROI: ($2,175 – $1,000) / $1,000 = 117.5%
Realistic Scenario
Solana Price in 2025: $450
ROI:
Initial Investment: $1,000
Number of Solana Tokens: Approximately 7.25 tokens
Total Value in 2025: 7.25 * $450 = $3,262.50
ROI: ($3,262.50 – $1,000) / $1,000 = 226.25%
Optimistic Scenario
Solana Price in 2025: $1000
ROI:
Initial Investment: $1,000
Number of Solana Tokens: Approximately 7.25 tokens
Total Value in 2025: 7.25 * $1000 = $7,250
ROI: ($7,250 – $1,000) / $1,000 = 625%
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The post If You Invest $1,000 in Solana Today, How Much Would You Have in 2025 If Bitcoin Price Hits $100k? appeared first on CaptainAltcoin.
