Solana is realizing its self-proclaimed title of 'Ethereum Killer' as it gradually surpasses Ethereum in the decentralized market. With a continued recovery breaking through the $200 threshold, Solana's price prediction target is to see a bull market above $215.
Cryptocurrency investors are puzzled by 'Will Solana rise?' or 'How high can Solana go?' with the potential sentiment this year's target being $200.
Well, to answer more such questions, we bring you the Solana price predictions from 2024 to 2030. We will address these questions using our various analyses, market sentiment, and regular updates from the crypto world.
Overview
What new features does Solana have?
Solana's trading volume reached $3.459 billion, surpassing Ethereum's $2.387 billion. This signifies Solana's significant lead over Ethereum.
Solana Price Prediction November 2024
Solana has broken through the psychological barrier of $200, currently trading at $217, with an intraday increase of 3.29%. This marks the seventh consecutive bullish candle, with the price rising nearly 40% over the past week.
Trading Viewpoints
As it approaches the $229 1.272 Fibonacci level, the market expects the bull run to reach $271 at the 1.618 Fibonacci level. Thus, the possibility of Solana setting a new all-time high during this rebound in November has increased. Conversely, if buyers struggle to maintain momentum above the 1.272 Fibonacci level, a retest of the psychological barrier at $200 may occur.
Solana Monthly Active Addresses Surpass 100 Million
As the Solana network develops and continues to dominate the decentralized crypto market, non-voting transactions on the Solana network are growing at an astonishing rate.
In October 2024, non-voting transaction volume (monthly) reached 1.29 billion. This is the second-largest monthly non-voting transaction volume following this year's peak of 1.37 billion transactions in July.
2025 Solana Price Prediction
If Solana encourages emerging startups, it could become a new competitor to other cryptocurrencies in the market. Additionally, in the coming years, if Solana's growth outpaces Ethereum, it could reach new heights. From this perspective, the price of SOL could reach a peak of $750.
Future regulations could influence price trends, potentially setting a low point for the SOL token price. If this occurs, then a slight pullback could bring Solana down to $209.91 by the end of 2025. Considering both bullish and bearish targets, the average price could reach $579.95.
Solana Price Prediction 2026 – 2030
Solana Price Prediction 2026:
According to the Solana 2026 price prediction, the potential low price for SOL is $357.68, with an average price expected to be $624.315, and a potential high price of $886.35.
SOL 2027 Price Target:
Continuing with the 2027 Solana price prediction, the potential low price for SOL is estimated at $480.61, while the average price is expected to be around $761.615. The potential high price for SOL in 2027 is expected to reach $942.61.
2028 Solana Price Prediction:
According to the Solana 2028 price prediction, the potential low price for SOL is expected to be $645.67, with an average price of $888.335. Additionally, it is expected that this year's potential high price for SOL will reach $1,076.84.
SOL Coin Price Prediction 2029:
Looking ahead to 2029, the potential low for the Solana price prediction is $808.54, with an average price of $1,156.305. Furthermore, the potential high price for SOL in 2029 could reach $1,224.97.
Solana 2030 Price Prediction:
For the 2030 Solana price prediction, we estimate a potential low price of $987.9, with an average price of $1,359.165. The potential high price for Solana in 2030 is expected to reach $1,672.15.
Market Analysis
Raoul Pal's Bold Prediction: Solana's Price Could Rise 20-Fold:
Real Vision founder Raoul Pal predicts Solana could rise 20-fold. He attributes this to Solana's advanced blockchain technology, evolving ecosystem, and growing investor interest.
If Pal's predictions hold true, Solana's price could exceed $400 in the coming months, marking a significant increase from previous peaks. Despite market trends, Solana has demonstrated resilience, maintaining strong performance under sustained buying pressure.
CoinPedia's Solana (SOL) Price Prediction
With improvements in the Solana network's conditions and slow but steady growth in the DeFi sector, the SOL price indicates a bullish future.
According to the SOL price prediction made by CoinPedia, the price could soar to $350 in 2024. On the other hand, if recovery cannot be maintained, Solana's price could plummet to $90 by the end of 2024. We expect the SOL token price to reach $350 by the end of 2024.
Historical Market Sentiment for Solana (SOL)
Additionally, read Coinpedia's price analysis, which includes the latest content on current market trends, allowing you to gain deeper insights into the price movements and behaviors of various cryptocurrencies.
