SOL Price Prediction 2025: Can Solana Hit $372 Amid DeFi Growth?

Solana is currently trading at $168.94 at present, having dipped by a minor 1.84% in the last 24 hours. The downward drop in trading volume at the current level of $3.59 billion from 20.36% indicates the cooling-off period after the rally. Weekly performance also demonstrates a minor 0.81% fall and is placed in the vicinity […]

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Solana breaks $154 with strong uptrend; $500M deal signals long-term confidence

Solana shows strong short-term growth with a cautious technical outlook. A $500M investment by Sol Strategies sets a bullish precedent for SOL. Analysts warn of potential retracement amid near-overbought indicators. Solana (SOL) is trading at $154.25, registering a 4.18% increase over the last 24 hours. Yet, in spite of the upswing, the […]

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Solana To $520? Investment Firm Drops Bombshell SOL Prediction

VanEck, a global investment management firm with a nearly 70-year history and a strong reputation in the exchange-traded funds (ETF) arena, has issued a striking price target for Solana (SOL). In a post shared on X on January 6, the New York-based firm projected Solanas value to soar to $520 by the end of 2025. VanEck Predicts $520 By End Of 2025 For Solana VanEcks thesis centers on Solanas share within the smart contract platform (SCP) market, as well as the historical correlation between crypto market capitalization and the growth in the US. M2 money supply. According to the firm: Our Solana Price Target by the End of 2025 is $520. We value Solana (SOL) based on its projected year-end market share within the smart contract platform (SCP) market. Our SCP market cap forecast is derived from US M2 money supply growth, given its strong historical correlation with crypto market capitalization. Related Reading: Solana Could Target $220 If It Holds Current Levels Analyst Expects Short-Term Bullish Momentum VanEcks analysis forecasts that M2the measure of the US money supply that accounts for cash, checking deposits, and easily convertible near moneywill reach $22.3 trillion by late 2025. This figure assumes a maintained annualized growth rate of 3.2% from its last trough in October 2023. Citing regression analysis, VanEck estimates: We project M2 to reach $22.3T by the end of 2025, maintaining its 3.2% annualized growth rate since its last trough in October 2023. Using regression analysis, we estimate total SCP market capitalization will grow 43% to $1.1T by year-end 2025 (vs. $770B today), surpassing its 2021 peak of $989B. The firm notes a strong correlation between M2 and SCP market cap with a 12-month moving average R² of 0.36 and a t-statistic of 5.7 (p < 0.0001). Currently, Solana holds about 15% of the SCP market cap. However, VanEck expects that proportion to rise significantly by 2025: “Currently, Solana holds 15% of SCP market cap, but we forecast its share to rise to 22% by EOY 2025. This projection is supported by Solanas developer dominance, increasing market share in DEX volumes, revenues, and active users. Related Reading: Solana Metrics Surge: Total App Revenue Climbs To $840M In Record-Breaking Quarter By coupling this anticipated market share increase with an autoregressive (AR) forecast model, VanEck believes Solanas market cap will climb to approximately $250 billion, which would yield a per-token price of $520, based on an estimated float of around 486 million tokens. Short-Term SOL Price Analysis For the moment, however, Solana continues its corrective phase, with the price trading at $189 as of press time. The 4-hour chart for SOL/USDT exhibits a well-defined descending channel, characterized by a series of lower highs and lower lows. SOL’s price action has been confined within a descending channel since January 18, marked by two parallel trendlines that highlight sustained selling pressure. The lower boundary of the channel, currently near $175, acts as immediate support, while the upper boundary near $215 serves as resistance. Notably, SOL is currently positioned just below the midline of the descending channel. If it fails to break above this level in the near term, a move toward the channels lower boundary appears likely. Moreover, SOL continues to struggle in reclaiming key Fibonacci retracement levels, with the 0.236 retracement ($203.40) serving as the first major resistance. At press time, SOL traded at $190. Featured image from Shutterstock, chart from TradingView.com

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Solana Monthly Chart Looks Ready For A Monster Run Details

Solana (SOL) has been holding steady above a crucial demand level near $210, a key area that could ignite a massive bull run. After reaching an all-time high (ATH) on November 22, Solana has experienced a 23% retracement, testing investor confidence. However, analysts remain optimistic, with many expecting a significant upward move in the coming weeks. Related Reading: Ethereum Forming A Symmetrical Pattern Key Resistance At $4,100 Renowned analyst Jelle recently shared a technical analysis highlighting Solanas strong potential. According to Jelle, the monthly chart for SOL is primed for an “absolute monster run,” indicating that the current consolidation phase may be laying the groundwork for a powerful breakout. This view aligns with the broader sentiment that Solanas resilience above $210 could act as a springboard for the next phase of its rally. As one of the leading altcoins in the crypto market, Solana has attracted attention for its robust performance and potential to lead the next leg of the bull market. With the price now consolidating after a sharp pullback, all eyes are on SOLs ability to maintain its critical support and reclaim momentum. Whether Solana can deliver on its bullish promise will be a key focus for traders and investors alike in the coming weeks. Solana Holds Key Demand  Solana is currently trading above a critical level for this cyclethe $210 mark. This price point, which previously acted as a significant resistance, has now flipped into a vital support level, setting the stage for Solana’s next potential rally. The importance of this level cannot be overstated, as it represents a key area where buyers are stepping in to defend SOLs bullish momentum. Renowned analyst Jelle recently shared a compelling technical analysis on X, emphasizing Solanas strong outlook. According to Jelle, Solanas monthly chart is primed for what he described as an “absolute monster run.” His analysis highlights how SOLs price is now testing its 2021 all-time high (ATH) as support, a critical juncture that could determine its trajectory in the weeks to come. Jelle’s simple yet powerful chart indicates that if Solana manages to push decisively above the $210 level, it will confirm the strength of this support and potentially trigger a massive bull run. This rally could result in impressive gains for SOL, positioning it as a standout performer in the crypto market. Related Reading: Bitcoin Breaks ATH Pushing Back Into Price Discovery BTC To $130K? For now, all eyes are on Solana’s ability to sustain its momentum and break higher. As it consolidates above this essential level, traders and investors are closely monitoring its next moves, anticipating the possibility of a historic price surge. Price Action Suggests A Big Move Soon Solana is trading at $221, maintaining its strength above the critical $210 support level. This resilience has bolstered confidence among investors, as SOLs price action aligns bullishly across all time frames. Solana is gearing up for a major rally, but it must first overcome the $245 resistance level to confirm the uptrend. Market dynamics indicate that SOL is in a prime position for upward momentum. Unlike other assets that may show signs of hesitation or potential consolidation, Solana exhibits a well-defined price structure that strongly favors a breakout. The lack of bearish signals further solidifies this outlook, as there is little indication of an imminent correction or prolonged sideways trading. Related Reading: ONDO Exchange Inflows Grow Volatility Ahead? If SOL successfully breaches the $245 resistance with strength, it could trigger a wave of buying pressure, propelling the price to new heights. This setup has many traders eyeing the next potential levels for Solana, with the broader market sentiment favoring continued gains. Featured image from Dall-E, chart from TradingView

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Solana Set For Explosive Growth: Expert Predicts 1650% Price Increase Based On This Pattern

As the broader crypto market rebounds following Donald Trump’s election on 5 November, Solana (SOL), currently the sixth largest token by market capitalization, has resumed its bullish trajectory, recently reclaiming the $230 price level. On Wednesday, the Solana price surged nearly 7%, reaching $232 after a two-week correction period that followed its current all-time high [...]

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