Anticipated Solana Price Surge:Whale Purchases Forecast a Rally toward $180 for SOL
In the ever-evolving world of cryptocurrency, Solana (SOL) continues to garner significant attention from both retail and institutional investors, particularly among United States-made digital assets. The Solana network, with a fully diluted valuation of about $72 billion, has experienced impressive growth in recent times, including in the tokenization of real-world assets (RWA) led by stablecoins.
Currently, the robust support level for SOL price is around $113. However, a consistent close below this level could potentially trigger a rejuvenated capitulation, with prices dipping below the $100 mark in the subsequent weeks. Fortunately, a double bottom has formed around $113 in the daily timeframe, signaling a potential reversal towards a parabolic rally.
The Solana network has been a resilient hedge against macroeconomic uncertainties, even as the dust settles for the U.S. reciprocal tariffs. Notable integrations, such as with Venmo, and recent announcements like PayPal's expansion of its U.S. cryptocurrency services to include Solana and Chainlink (LINK), further bolster its standing.
The Relative Strength Index (RSI) for SOL price has shown a rising divergence, another positive indicator. Wall Street experts, led by J.P Morgan research, forecast a possible global recession, but this hasn't deterred the bullish sentiment surrounding Solana.
Looking ahead, the current prediction and future outlook for Solana present a generally bullish but cautiously optimistic scenario. In the short term, Solana is expected to trade around the $148–$150 support zone, with potential for upside gains of 12-22%, reaching targets between $165 and $182 if key technical levels like the 200-day EMA (~$159) are reclaimed.
For 2025, moderate bullish outlook suggests SOL could average around $166 to $175, with a maximum price possibly reaching $210–$240 by late 2025, supported by growing DeFi ecosystem activity and institutional ETF interest. On the downside, regulatory uncertainties or network technical issues could pull prices down to approximately $250 to $135–145 by the end of 2025.
As we move into the longer term, predictions become more bullish. Estimates for 2026 suggest prices could range from $250–$292 to $350–$367, with averages around $250–$285. By 2028, prices could reach $410, with averages around $370, and by 2029, prices could scale even higher, with minimums around $590–$630, averages around $590, and maximums around $850.
By 2030, Solana could potentially reach well over $700, with highs beyond $1,000 under highly bullish scenarios driven by network growth, ecosystem development, and robust market conditions.
In summary, Solana's price is expected to show modest recovery and bullish momentum in mid-2025, with a wide projected range due to variables like regulatory impacts and network performance. Over the mid-to-long term, SOL holds strong growth potential, with forecasts ranging from mid-$200s to highs approaching $400 by 2025 and scaling even higher toward 2030. The outlook hinges on continued adoption, technological upgrades, institutional interest, and overall crypto market strength.
- In the world of cryptocurrency, Solana (SOL) has attracted both retail and institutional investors, particularly in the U.S., as it continues to grow, even amidst macroeconomic uncertainties.
- Despite a possible global recession predicted by Wall Street experts, including J.P Morgan, Solana's bullish sentiment remains amidst significant technological advancements and integrations.
- Looking towards the future, Solana is projected to trade around $148–$150 in the short term, with a potentially bullish but cautious outlook, reaching targets between $165 and $182 if key technical levels are reclaimed.
- By 2030, analysts predict that Solana could potentially reach well over $700, with highs beyond $1,000 under highly bullish scenarios driven by network growth, ecosystem development, and robust market conditions, provided there is continued adoption, technological upgrades, institutional interest, and overall crypto market strength.