Recommended
Solana (SOL) Price Prediction 2024, 2050, 2030 — Will Solana Recover?
Even though it didn’t debut until 2020, Solana is already one of the most advanced blockchains available. For such a young cryptocurrency, it has already achieved notoriety as a possible Ethereum Killer and broken into the top ten by market cap.
With the meteoric rise of DeFi platforms, the growing attention of institutional investors, and the insatiable demand for Non Fungible Tokens, the past 18 months have been one of the most exciting in the history of cryptocurrencies. But as the sector expands, so are the expectations placed on the top blockchains that serve as launchpads for the pioneering enterprises of this brave new world.
Most notably, Ethereum, the most widely used platform for DeFi, exemplifies this trend. It is well-known that network congestion brought on by the many active projects has resulted in extremely high GAS costs. As a result, many programmers have looked for a workaround, and that’s where initiatives like Solana come in.
Solana is capable of supporting all the newest blockchain advancements and provides high speeds at affordable costs. As a result of its value being quickly recognized by developers and investors, SOL’s share price rose from less than a dollar upon its start to a record high of $259.96 less than two years later.
How likely is it, then, that Solana will become a top blockchain solution? Is it prudent to purchase SOL tokens at this time? In this article, we will speculate on the future of the Solana project and attempt to anticipate its pricing in 2025 and 2030.
What is SOL Token?
Among the many alternative cryptocurrency initiatives now underway, Solana stands out. First, let’s have a look at the Solana project in depth before we get into our pricing prediction:
- Built to facilitate global adoption of scalable, user-friendly decentralized applications (dApps), Solana is a decentralized blockchain platform.
- With its robust ecosystem, Solana has earned a reputation as one of the world’s fastest blockchains. Solana is home to around 400 active blockchain projects, including as DeFi, NFTs, and Web3.
- With Solana, the creators hope to revolutionize the Blockchain ecosystem paradigm by bringing new levels of security, speed, sustainability, and openness.
Many cryptocurrency projects call the Solana platform home because it can also build smart contracts. Also, Solana has been dubbed the “Ethereum killer” by some crypto experts. The Solana blockchain ecosystem’s native token is SOL. The crypto community is divided on Solana’s long-term prospects. But our research suggests that Solana could return. In the coming months, Solana Coin might see a recovery thanks to its reliable blockchain technology and investor adoption.
Download App for Android | Download App for iOS |
Solana (SOL) Overview
Cryptocurrency | Solana |
Token | SOL |
Price | $ 237.5027 -0.35% |
Rank | 5 |
Market Cap | $ 113.1B |
24H Trading Volume | $ 7.1B |
All-time High | $ 263.9970 |
All-time Low | $ 0.5037 |
24 High | $ 241.4888 |
24 Low | $ 233.3840 |
Cycle High | $ 246.6360 / 2024-12-06 01:31:19 |
Cycle Low | $ 214.5480 / 2024-12-03 14:35:17 |
Update Time | 2024-12-10 00:01:01 |
Solana (SOL) Technical Analysis
All financial markets use moving averages (MA), a well-liked indicator that smoothes price movement over a predetermined period of time. Since they are a trailing indication, past price activity has an impact on them. The simple moving average (SMA) and exponential moving average (EMA) are the two forms of moving averages shown in the table below.
Date Calculated:2024-12-08
3_SMA | $ 237.3110 | 3_EMA | $ 238.6930 |
5_SMA | $ 235.0990 | 5_EMA | $ 237.0020 |
10_SMA | $ 235.7680 | 10_EMA | $ 236.0840 |
20_SMA | $ 240.0460 | 20_EMA | $ 233.7310 |
21_SMA | $ 239.9230 | 21_EMA | $ 233.1970 |
50_SMA | $ 207.3140 | 50_EMA | $ 213.1040 |
100_SMA | $ 174.6730 | 100_EMA | $ 190.6520 |
200_SMA | $ 164.1700 | 200_EMA | $ 169.4720 |
RSI | 49.38 | RSI Change | -10.16 |
SOL Consensus Rating
Download App for Android | Download App for iOS |
Solana (SOL) Price Performance
Price Change 1H Percent | 0.29% |
Price Change 1D Percent | -0.35% |
Price Change 7D Percent | -0.14% |
Price Change 30D Percent | 19.41% |
Price Change 90D Percent | 76.09% |
Price Change 365D Percent | 220.68% |
Solana (SOL) Price Prediction for Today, Tomorrow and Next Week
Date | Price Prediction | Change |
12-09 | $ 237.5027 | 0.00% |
12-12 | $ 257.2243 | 8.3% |
12-15 | $ 253.2109 | 6.61% |
12-18 | $ 256.7731 | 8.11% |
12-21 | $ 253.4721 | 6.72% |
12-24 | $ 252.6885 | 6.39% |
Download App for Android | Download App for iOS |
Solana (SOL) Price Prediction for 2025-2050
Below is a table of price predictions for SOL from 2025 to 2030. Since it’s not always possible to foresee volatile assets like cryptocurrencies, these forecasts should be regarded with caution.
Year | Yearly Low | Yearly Average | Yearly High |
2025 | $ 187.3937 | $ 284.4624 | $ 332.7671 |
2026 | $ 170.3551 | $ 267.1058 | $ 307.2178 |
2027 | $ 188.6885 | $ 287.7952 | $ 300.9298 |
2028 | $ 262.0435 | $ 361.5874 | $ 386.3585 |
2029 | $ 300.3103 | $ 460.7706 | $ 497.2993 |
2030 | $ 240.4417 | $ 390.7445 | $ 443.1684 |
2035 | $ 354.1781 | $ 572.4064 | $ 587.7629 |
2040 | $ 638.2656 | $ 929.0493 | $ 959.3986 |
2045 | $ 776.7771 | $ 1222.8338 | $ 1379.7026 |
2050 | $ 956.3991 | $ 1555.7776 | $ 1696.9041 |
Solana (SOL) Price Prediction 2024
If the market turns positive in 2024, Solana might see a partial value recovery. Our technical research indicates that by the end of 2024, the price of the Solana coin might reach a maximum of $129.16. If the current trend of price increases persists, Solana is expected to reach an average of $118.98 in 2024. In contrast, if the market tanks in 2024, the lowest price Solana may go is $102.17. Our research indicates that when the Solana smart contract system becomes widely used, its value will rise, driving up the price of the Solana Coin.
Download App for Android | Download App for iOS |
Solana (SOL) Price Prediction 2025
The team at DigitalCoinPrice has high hopes for the future of this project. The company projects that SOL will continue to rise steadily, with some dips along the way, until 2025. The average trading price of Solana is predicted to rise to $1220 by the summer of 2025, well above its current valuation of $1000.
WalletInvestor is another platform that sees development for Solana in the future. According to the token’s technical analysis, it will climb back above $200 by the end of 2022. By the end of 2023, the token could be worth as much as $463; by the end of 2025, it could be worth as much as $661.
Last but not least, TradingBeasts has provided a 2025 price forecast for Solana. The platform, which is known for its more conservative predictions, predicts a rough few years ahead for SOL. While it is possible to see growth of 10%-15% in 2022-2023, it is also likely to see a number of downturns that would cancel out those gains. However, TradingBeasts forecasts that by the end of 2025, SOL would have risen to above $123.
Solana (SOL) Price Prediction 2030
Long-term technical research and predictions for the future value of cryptocurrencies indicate that one SOL token could be worth as much as $5,000 in 2030.
It looks like things will improve for Solana during the next three to four years, but what happens after that? Will the token be a decent long-term investment? While we caution readers to treat longer-term estimates with caution, they can be a useful indicator of how the market currently views a given project.
According to the Solana price forecast by DigitalCoinPrice, the coin has the potential for significant development by 2030. By the end of 2027, it forecasts a reasonable $1,329 price for SOL. In light of this achievement, we forecast that SOL will be valued $3459.91 by the year 2030.
Some analysts predict that the price of (Solana) SOL would rise dramatically between 2026 and 2027, eventually averaging $3304.43 per coin by 2028. The token is expected to have risen to $5371 by 2030, just two years later.
A Solana price forecast for 2030 from Priceprediction.net is, to put it mildly, optimistic. It predicts that by 2026, SOL will be trading at an average price of more over $660, and that this price will rise steadily over the following years. It is projected by the platform that a single SOL coin may be worth $2,586 in the year 2030.
These Solana pricing projections for 2030 are, once again, highly conjectural. Long-term predictions in the cryptocurrency market are useless because of the market’s volatility and the fact that they don’t account for factors like technological progress, regulatory shifts, or changes in investor behavior.
Download App for Android | Download App for iOS |
Potential Highs and Lows of SOL
Let’s quickly review some important details that provide a summary of the SOL price prediction.
Min | Average | Max | |
1H | $ 233.3840 | $ 235.0066 | $ 237.1590 |
1D | $ 233.6945 | $ 236.9325 | $ 241.4888 |
7D | $ 215.0571 | $ 234.0919 | $ 245.7251 |
30D | $ 195.8181 | $ 232.3729 | $ 263.9970 |
90D | $ 127.5352 | $ 180.3410 | $ 263.9970 |
365D | $ 64.5065 | $ 148.3870 | $ 263.9970 |
BTCC Starter Rewards |
Why did Solana (SOL) Crash?
- The entire cryptocurrency market felt the impact of the FTX exchange’s turbulence and the subsequent meltdown of the FTT coin, but Solana felt it the most. After peaking at over $620M on November 9th, Solana’s TVL precipitously declined to below $342M on November 13th. The collapse of FTX caused widespread disruption on Solana and other platforms connected to it. After the price of one SOL token dropped below $20 and Solana’s market cap fell out of the top ten, it was one of the largest meltdowns in cryptocurrency history.
- There are 3,240,000 FTX Trading LTD shares owned by Solana Foundation. The Solana Foundation owns 3.43 million FTT tokens and 134.54 million SRM tokens from Solana-based decentralized exchange (DEX) Project Serum, which was developed by Bankman-Fried.
- The value of the assets of the Solana blockchain-based lending and borrowing platform Solend has dropped from $280 million on November 2 to approximately $30 million today.
- The FTX Repercussions wiped out about $700M in Solana DeFi’s market value. Solana’s condition has worsened since DeGods and yOOts left.
- Last but not least, Solana’s biggest problem has been its frequent and severe crashes, which have been brought on by both the weakening market condition and its own network outages.
Download App for Android | Download App for iOS |
Will Solana Recover? Positive Opinion
- In spite of the fact that the global economy is in turmoil, we may be nearing the end of it, with the United States leading the recovery and China attempting herd immunity.
- In comparison to its competitors, Solana’s price has dropped significantly (for example Shiba Inu does not have a better use case, neither does Dogecoin)
- Given that Solana now appears to be valued lower than competitors with much weaker fundamentals, the stock could rise in the near future.
BTCC Starter Rewards |
Will Solana Recover? Contrary Opinion
- Main applications are limited,
- The once-promising NFT industry is currently facing severe difficulties.
- There is no longer a distinct benefit in terms of transaction speed, as several blockchains, including Ethereum Layer-2 chains, now provide the same service.
Download App for Android | Download App for iOS |
Is SOL a Good Investment?
Without relying on layer-2 or off-chain solutions, the Solana platform provides top-notch performance. Among Layer-1 chains, Solana’s Proof of History provides the highest throughput. The Solana hybrid consensus approach compromises on decentralization in favor of processing speed. The innovative way in which Solana combines PoS and PoH is a game-changer for the blockchain industry. Solana, like Ethereum, is a rapidly expanding ecosystem with its own Layer 1 solution for NFTs.
- Faster Than Ethereum: The industry has acknowledged that the Solana blockchain is the fastest in the world. With a finality time of four seconds, it is now delivering at a rate of 2600 transactions per second.
- Low Cost: Because Solana employs the Proof of History consensus mechanism, it stands apart from all of these other projects (PoH). In contrast to conventional Proof-of-Work (PoW) algorithms, PoH focuses on verifiable mathematical proof rather than computer capacity and does not necessitate an expensive mining procedure. As a result, the network will have minimal transaction costs and no mining fees.
- Smart contracts and NFT: Solana has entered the NFT space and is prepared to share its NFT alternative. In order to grow their business, Solana has been considering non-fungible tokens and smart contracts, but they want to be sure they’re doing it properly. Many businesses are hopping on board as the NFT market has taken off over the past year.
- The non-fungible tokens turned into a fast-growing business possibility, which was followed by massive sales run by prominent digital artists. Solana pounced on the opportunity to provide the NFT option to the public by utilizing this rapidly growing business.
- Solana Leads in the Market: Solana’s on-chain data and derivatives markets are incredibly active. Over the past six months, the network’s TVL has climbed by more than 15%. The distance between TVL, active users, and the derivatives market appears to be closing.
Solana is currently a bad investment because it is mainly undifferentiated.
How to Buy Solana?
Solana can be acquired in numerous ways.
(A) Use your native currency (Dollars, Pounds, etc.) to purchase Solana on any of the Cryptocurrency Exchanges – BTCC, etc.
(B) Use your existing cryptocurrency wallet in conjunction with a DEX to trade one coin for another.
Purchasing via a bitcoin exchange is a straightforward procedure.
- Create an account on BTCC, Binance, Crypto.com, or Kraken, among others. This will necessitate some basic KYC documentation so that these exchanges cannot be utilized for money laundering. Smaller exchanges typically have lower fees but are viewed as less secure than larger ones.
- Each of these exchanges offers unique transaction fees and features. Consider them carefully.
- Add a payment method (debit or credit card, bank account, wire transfer) and then fund the account.
- Select the SOL trade symbol and then enter the quantity to initiate trading.
- On BTCC, you can purchase from other users via peer-to-peer mechanism.
- You can keep your cryptocurrency in either your trading account or a personal wallet (You need to open another account for that)
Download App for Android | Download App for iOS |
Conclusion
Solana is a sophisticated platform that seems to solve a number of problems that have emerged in the bitcoin industry in recent years. The blockchain technology it employs has seen significant advancement thanks to the hard work of its developers, which could prove invaluable as the system’s capacity for DeFi expansion is required.
We have seen mostly optimistic forecasts for Solana’s price, and while the numbers we have seen anticipated are not guaranteed, they are indicative of a bright future for SOL.
If you invested in Solana at the beginning, you would have reaped huge rewards in a short period of time. There is good reason to expect the token’s value to rise in the future, as we have seen that it can command a price much higher than what it is presently trading at.
We think Solana is a good option for cryptocurrency investors wishing to diversify their holdings. Always do your homework before making a financial commitment, and stay current of what’s happening both inside the Solana camp and on other platforms.
FAQs
1.What will Solana’s value be in 2025?
The price of Solana is anticipated to reach $53.5 by 2025. The primary triggers include an improvement in the macroeconomic situation, a considerable increase in Solana blockchain usage, and the resolution of unresolved Solana issues. Increased regulation and Solana’s failure to enhance execution capabilities over the next three years are the primary threats.
2.What is Solana’s value in 2030?
By 2030, Solana is anticipated to reach $265,7. The primary catalysts are the widespread use of blockchain technology and blockchain applications, as well as the diminished control of central banks and currencies. Inadequate Solana implementation, a deteriorating global economic environment, trade disputes, and government regulation are major dangers.
3.What will Solana be 5 years from now?
In the next 5 years, Solana will be valued $90. This presupposes improving macroeconomic conditions, a substantial increase in blockchain use, and efficient Solana plan implementation.
You can trade crypto futures on BTCC Now. Over 300 USDT-margined perpetual trading pairs are available for users to trade, including many popular altcoins and meme-coins.
You can deposit and receive up to 10,055 USDT now when you sign up and verify your account on BTCC Every new user gets a 10 USDT coupon after completing their registration. You will also get an additional 20 USDT coupon on completing your KYC verification.
About BTCC
BTCC is a leading cryptocurrency trading platform that is distinguished by its ability to balance the simplicity of use with advanced features. It provides a comprehensive educational program through the BTCC Academy, 24/7 customer support, and robust security to both novices and experts. BTCC is a top choice for digital asset investors due to its emphasis on user contentment, which fosters a secure and informed trading environment across a variety of cryptocurrencies.
BTCC is one of the few exchanges in the market that offers high-leverage options for investors and concentrates extensively on futures trading. Users have access to more than 300 USDT-margined perpetual trading pairs, which encompass numerous prominent altcoins and meme-coins. Additionally, the platform has recently implemented spot trading to facilitate novice users who may not be acquainted with futures trading.
- Established Reputation: BTCC is one of the oldest and most well-known cryptocurrency exchanges, having been operational since 2011. Its history in the market enhances its credibility and trustworthiness.
- A Diverse Selection of Cryptocurrencies: BTCC allows customers to access and exchange a wide range of digital assets.
- Margin and Futures Trading: BTCC provides margin and futures trading options, allowing customers to expand their trading holdings and potentially increase their profits.
- Proficient Trading Instruments: such as real-time market data, trading charts, and technical analysis indicators. These tools can help users make informed trading decisions.
- Security Measures: BTCC values security and uses a variety of safeguards to secure customer payments and information. This includes two-factor authentication (2FA) and cold storage of cryptocurrency assets.
BTCC Guide:
- How to Trade Crypto Futures Contracts on BTCC
- BTCC Guide-How to Deposit Crypto on BTCC?
- What is Crypto Futures Trading – Beginner’s Guide
- What is Leverage in Cryptocurrency? How Can I Trade at 100X Leverage?
- BTCC Review 2024: Best Crypto Futures Exchange
Crypto Buying Guides:
- How To Buy Bitcoin (BTC)
- How To Buy Picoin
- How To Buy Ethereum (ETH)
- How To Buy Dogecoin (DOGE)
- How To Buy Pepe Coin (PEPE)
- How To Buy Ripple (XRP)
Crypto Prediction:
- Ethereum (ETH) Price Prediction 2024, 2025, 2030 — Will ETH Reach $10,000?
- Ethereum Price Prediction 2024, 2025, 2030: How High Can ETH Go in 2024?
- Bitcoin (BTC) Price Prediction 2024, 2025, 2030 — Is BTC a Good Investment?
- Ripple (XRP) Price Prediction 2024, 2025, 2030 — Will XRP Reach $1 After SEC Lawsuit?
- Pi Coin Price Prediction 2024,2025,2030 — Is Pi Coin a Good Buy?
- Pepe (PEPE) Price Prediction 2024, 2025, 2030 – Will PEPE Reach $1
Register now to begin your crypto journey
Download the BTCC app via App Store or Google Play
Follow us
Scan to download
- Terms & Agreement
Quick Links
Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
The world’s longest-running cryptocurrency exchange since 2011 © 2011-2024 BTCC.com. All rights reserved
Comments
Leave a comment
Your email address will not be published. Required fields are marked with an asterisk (*).
Comment*
Name*
Email address*