So far, the price has to go even higher to reach the value before the FTX crash. However, this also means that the price could rise massively in the future.
The Solana price was able to recover in the first months of 2023 after heavy losses in 2022. The SOL token rose again to a value of $25 in the first weeks of the year.
In 2023, the Solana price increased from less than $10 to $26. After this strong increase, especially in the first weeks of the year, the SOL token was able to stabilize relatively strongly in price. In recent weeks, the price of Solana has fluctuated between $23 and $25.
In 2022, the Solana field has lost massively. The Solana price last reached its all-time high in late 2021, with a price of over $260. In 2022, the rate dropped to $36. In November, the crash caused the SOL token to plummet from that price, to below $10. The Solana price could only recover slightly this year, although it could increase twice as much.
What is the Solana Forecast for 2025?
The Solana forecast for the coming months and years is difficult to realize, as currently there is a bear market. However, the price should be able to rise sharply again after the Bitcoin halving in 2024. In another bull market, many more investors should be able to invest in the rising price of Solana.
Therefore, this week’s low prices offer the possibility that the price of SOL has extremely strong growth potential in the coming months and years. Therefore, the forecast for Solana for the next 2 years should be quite positive, and there is a high probability that the price of Solana could increase considerably by 2025.
How High Can Solana Price Go in 2025 Forecast?
In the last bull market, the price of Solana experienced a sharp rise and grew to over $260. The drop was correspondingly large in the bear market. In the coming bull market, the many use cases, especially with NFTs, on the Solana Blockchain could again lead to the price of SOL increasing massively in a bull run.
In this Solana forecast, a rally above the previous all-time high is again possible in the next bull run. If Solana’s price returns to pre-FTX crash levels this year, SOL’s price could well increase 10x in the next 2 years. Solana showed its potential in the last bull market.
A price hike for the Solana to $500 in 2025 doesn’t seem to be out of the question, as the end of 2025 could see the peak of the bull market. Therefore, we assume a Solana forecast of US$150 to US$470 by the end of 2025.
It is worth remembering that Solana has become one of the best-performing large-cap cryptocurrencies this year, albeit in November of last year, following the bankruptcies of FTX and Alameda Research, which had close ties to this on-chain project. blocks, there were questions about whether Solana can even survive the crisis. This cryptocurrency, though, has proven resilient, gaining over 115% year to date. By comparison, the prices of Bitcoin and Ethereum increased less than 80%.
By Audy Castaneda
