The price of Solana (SOL) reaches a new ATH, where is the next target?

Solana (SOL) has reached a new all-time high (ATH) of over 260 USD. Some experts predict that the price could continue to rise. Philippe Bekhazi, CEO of XBTO, believes that SOL could reach 700 USD, based on the outlook for the ETF fund and price increases related to former President Trump. Other experts from Standard Chartered also forecast that the price of SOL could reach 700 USD by the end of 2025. However, a more cautious forecast suggests that the next target is 291 USD, which could then rise to 350-400 USD or even 500 USD by the end of the year. This growth is driven by several factors, including a significant increase in DEX trading volume, the popularity of meme coins on the Solana blockchain, increased interest from investment institutions, and expectations for the approval of the Solana ETF fund. However, it is important to note that these are just predictions and the cryptocurrency market is very volatile.