Analysts Forecast Range Between $520 and $1,500
The post Analysts Forecast Range Between $520 and $1,500 appeared on BitcoinEthereumNews.com.
The ongoing market drawdown has been devastating, especially for top coins. Solana (SOL) was one of the most affected coins, losing 50% of its yearly peak. Despite the uncertainties, many predict a successful finish for Solana, with price projections ranging from $520 to $1500 by 2025. Solana Price Outlook for 2025: Ecosystem Challenges Metered by Institutional Optimism With predictions from leading financial businesses and crypto experts, Solana’s 2025 price projections vary greatly. Citing Solana’s possible M2 money supply growth to $22.3 trillion by 2025 from the current $21.5 trillion, VanEck, a global asset management firm, projects SOL will reach $520 by the end of 2025. Other experts expect Solana prices to reach four digits, with Borovik, Ansem, and Dami-Defi projecting $1,000 to $1,500. Their estimates are based on Bitcoin’s possible ascent to $200,000, Ethereum’s rally over $10,000, and sustained investor demand for high-speed, low-fee blockchain networks like Solana. Despite the bullish calls, Solana’s price has suffered recently. It dropped 50% from its January peak of $294 to its present level of $143.77. Experts pointed out that the token risks developing a death cross formation before any rebound starts, a negative technical indicator that can bring it down to $100. Solana Price Chart (24-Hour), Feb. 26, 2025 | Source: CoinGecko For SOL to reach $1,500, it will require a major upsurge in adoption, greater institutional interest, and continued bullish momentum throughout the crypto market. The prospect of a spot Solana ETF is SOL’s most promising bullish catalyst. Like Bitcoin ETFs, which have received over $39 billion in institutional inflows since their inception in January 2024, a Solana ETF might cause a rush in demand, driving prices much higher. Polymarket predicts an 84% chance of SOL ETF clearance by the end of 2025; however, some analysts feel it may wait until 2026.…
Filed under: News - @ March 8, 2025 7:26 pm