Solana (SOL) Forecasted To Reach $500, Here’s When
The Solana (SOL) market was one of the assets that managed to record a notable spike throughout 2024. While most assets were recording a rise only during the last couple of months of the year, SOL performed quite well throughout. In addition, the altcoin also had a good month of April as it jumped by nearly 20%. The asset went from trading at a low of $96.59 all the way to a high of $156.05. Even though this is significantly lower compared to its peak, the community continues to bet on the asset hitting $500. But the real question is when SOL will hit this milestone.
Also Read: Charles Schwab on the U.S. Dollar’s 7.3% Slide and What’s Ahead
Has Solana Moved Past the $150 Mark?
Solana, at the time of writing, was trading at $149.58. This comes after a 1.17% decrease over the past 24 hours. SOL seems to be struggling to latch on to $150. But just earlier today, the asset was priced at a high of $153.87.
Also Read: Solana vs Litecoin: 5% Drop for SOL & LTC Eyes $200 Resistance
The sixth-largest cryptocurrency is currently at a distance not only from the coveted $500 mark but also from its all-time high. Solana hit a peak of $294.33 about three months ago in January. The community expected SOL to touch $300, but the asset is currently 49% below its all-time high.
Can $500 Turn Into A Reality Soon?
Looking at the massive price surge of Solana, several in the market predicted that the asset would reach a high of $500 by this year. On the contrary, SOL has been moving quite slowly. According to data from CoinCodex, the asset will most likely carry its current trend throughout the year. Therefore, $500 could be out of the picture for the altcoin. The firm revealed that SOL will be able to achieve this milestone only in the year 2029. During this period, the asset will trade at a maximum price of $505.65. This comes after a 237% rise from its current price level.
Also Read: Cryptocurrency: Top 3 Memecoins Predicted To Rally In May 2025
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Solana SOL Up 15% in One Week: Where’s SOL Going Next?
Solana (SOL) Forecasted To Reach $500, Here’s When
The Solana (SOL) market was one of the assets that managed to record a notable spike throughout 2024. While most assets were recording a rise only during the last couple of months of the year, SOL performed quite well throughout. In addition, the altcoin also had a good month of April as it jumped by nearly 20%. The asset went from trading at a low of $96.59 all the way to a high of $156.05. Even though this is significantly lower compared to its peak, the community continues to bet on the asset hitting $500. But the real question is when SOL will hit this milestone.
Also Read: Charles Schwab on the U.S. Dollar’s 7.3% Slide and What’s Ahead
Has Solana Moved Past the $150 Mark?
Solana, at the time of writing, was trading at $149.58. This comes after a 1.17% decrease over the past 24 hours. SOL seems to be struggling to latch on to $150. But just earlier today, the asset was priced at a high of $153.87.
Also Read: Solana vs Litecoin: 5% Drop for SOL & LTC Eyes $200 Resistance
The sixth-largest cryptocurrency is currently at a distance not only from the coveted $500 mark but also from its all-time high. Solana hit a peak of $294.33 about three months ago in January. The community expected SOL to touch $300, but the asset is currently 49% below its all-time high.
Can $500 Turn Into A Reality Soon?
Looking at the massive price surge of Solana, several in the market predicted that the asset would reach a high of $500 by this year. On the contrary, SOL has been moving quite slowly. According to data from CoinCodex, the asset will most likely carry its current trend throughout the year. Therefore, $500 could be out of the picture for the altcoin. The firm revealed that SOL will be able to achieve this milestone only in the year 2029. During this period, the asset will trade at a maximum price of $505.65. This comes after a 237% rise from its current price level.
Also Read: Cryptocurrency: Top 3 Memecoins Predicted To Rally In May 2025
Читать больше