Solana has been trading within a range since March. It has also been closely watched for signs of major rallies due to the wild rallies its holders have known it for.
SOL outperformed many other popular names in the space when it rose from $17 in September 2023 to $208 in March 2024. Solana is known for its speed and scalability, and this has helped its growth so far in 2024. But how high or low can SOL go in 2025?
To have an idea about what to expect from its price in the near future, particularly in 2025, we asked Gemini AI, and it gave us some pessimistic, realistic, and optimistic price predictions. The following is the information we got:
What you'll learn 👉
Pessimistic Scenario: A Market Correction
Solana has been resilient, showing strong support, but there are possibilities of a price correction. The prices of many major cryptos have been affected by Bitcoin, and if the price of Bitcoin continues to become bullish, Solana can also be strong.
However, if BTC goes down, it can affect the price of Solana and other markets. With this in mind, a pessimistic prediction for Solana would be a dip to around $100 to $120.
Read Also: Here’s Why Bitcoin (BTC) Price Could Struggle In September
Realistic Scenario: Steady Growth and Consolidation
In trying to be more realistic, it makes sense to say that Solana will continue its upward move but not as fast as it did earlier in the bull run.
Some factors that can help its growth include the introduction of Solana ETFs and further development of the ecosystem. With this, we could see the price spike to around $200 to $250 by the end of 2025.
Doge2014 raises 450K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!
Show more +Optimistic Scenario: A New All-Time High
If the bull run gets stronger, we could see new all-time highs for SOL in 2025. One of those upgrades that could also make this possible is the upcoming Firedancer upgrade that could make Solana process up to 1 million transactions at once.
The growth of the meme coin markets could also make the price spike since it brings more people into the ecosystem. In this scenario, we could see the price spike to around $400 to $500 by the end of 2025.
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
