Solana Price Prediction 2024-2030: Is SOL a Good Investment?

Key takeaways

  • Solana’s (SOL) recent movements indicate a delicate balance between the bulls and bears.
  • SOL could reach $500 by the end of 2024.
  • Solana’s price could surpass the $1,000 mark or higher by 2030.

Despite occasional challenges, including network congestion and competition from other blockchain platforms, Solana demonstrates resilience and adaptability, positioning itself as a leading player in the decentralized finance (DeFi) and Web3 landscape.

Overall, the prevailing sentiment within the Solana community is one of confidence and excitement, with stakeholders eagerly anticipating the platform’s continued evolution and impact on the broader crypto ecosystem. While uncertainties persist, Solana’s innovative approach and robust infrastructure instill optimism for its future price trajectory and market dominance. How high can SOL go in 2024 and beyond? Let’s find out.


Market Cap$65,905,942,030 
Trading Volume 24-h$2,166,187,205 
Circulating Supply448,654,282 SOL
All-time High$260.06, Nov 07, 2021
All-time Low$0.5052, May 12, 2020
24 High$150.55 
24 Low$143.91 

Solana Price Prediction: Technical Analysis

Sentiment Bullish
50-Day SMA $155.27 
200-Day SMA $114.56 
Price Prediction$388.00 (117.90%)
F & G Index 18.52 (extreme fear)
Green Days 14/30 (47%)
14-Day RSI 65.58

Solana Price Analysis

TL;DR Breakdown

  • The Solana price analysis is bearish today.
  • Strong support for SOL/USD is present at $145.
  • The resistance level is seen at the $152 level.

Solana price analysis is going strongly bullish today as the price has crossed above the $131.57 mark again. The price has been on a steady rise since the beginning of the day and it looks like the bullish momentum is not slowing down anytime soon. Though some bearish traces were seen in the last few hours, it was just a minor correction as the price quickly recovered and continued its upward trend. The overall market sentiment is also bullish for SOL, as the cryptocurrency has been in a strong uptrend for the past few days.

Solana price analysis: SOL crushes past $160 resistance level

According to the 1-day chart for SOL, the bulls are clearly in control as the price continues to move upward. Yesterday’s bullish engulfing candlestick proved to be a strong support level and has pushed the price towards new highs. The market has formed an ascending triangle pattern as the price is moving toward the upper trend line.

Technical indicators for SOL/USDT by Tradingview

The Relative Strength Index (RSI) for SOL/USD is currently at 69.75, indicating that there is still room for growth before reaching over. The CMF (Chaikin Money Flow) indicator is also showing strong buying pressure, with a reading of 0.23. This suggests that investors are confident in the bullish momentum and are pouring more money into SOL.

Solana Technical Indicators: Levels And Action

Daily Simple Moving Average (SMA)

SMA (10)$155.44 BUY
SMA (20)$149.33 BUY
SMA (30)$148.26 BUY
SMA (50)$155.27 BUY
SMA (100)$149.39 BUY
SMA (200)$114.56 BUY

Daily Exponential Moving Average (EMA)

EMA (10)$159.20 BUY
EMA (20)$154.08 BUY
EMA (30)$153.04 BUY
EMA (50)$152.27 BUY
EMA (100)$143.27 BUY
EMA (200)$121.32 BUY

Solana price analysis: Bearish momentum rises across 4-hour charts

The 4-hour Solana price analysis chart shows a small dip in the price, which was quickly bought up by investors. This minor correction was followed by another bullish candlestick, indicating that the bulls are still in control and any dips are being seen as buying opportunities. The support level at $168 has proven to be strong yet again during this dip, and it is likely to continue holding if there are further corrections in the near future.

4-hour price chart by Tradingview

The technical indicators for the 4-hour chart also support the bullish momentum, and the CMF is also showing healthy buying pressure, suggesting that investors are not losing confidence in SOL despite any minor dips. The relative strength index (RSI) is currently climbing up, indicating strong buying pressure.

Is SOL A Good Investment?

The Solana price analysis shows a clear bullish sentiment in the market as the price continues to move upward. The support level at $168 has proven to be strong, and any corrections are being quickly bought up by investors. The technical indicators also support this bullish momentum and suggest that the price may soon break through its current resistance level and reach new highs in the near future.

Recent News/Updates on Solana

Solana introduces marginfi, an MEV-optimised liquidity layer poised to protect users against inflation and stimulate the expansion of its stableswap liquidity and flash loan features.

Solana Price Predictions May 2024

YearMinimum Price($)Average Price($)Maximum Price ($)

A bearish start to the month of May 2024 saw SOL dipping from a high of $202 in April to $120 in the first few days. However, the market soon recovered pushing SOL towards $180. Based on expert analysis, Solana (SOL) could reach $190.64 by the end of May.

Solana Price Predictions 2024

YearMinimum Price ($)Average Price ($)Maximum Price ($)

At the beginning of 2024, there was a recovery in the price of cryptocurrencies, but recent events have shown that bears are now in control of price dynamics, slowing growth. Solana (SOL), which has seen its value fall by 3.16% today, has also been affected by this trend. Experts expect that the SOL might reach a maximum price of $322.21, an average price of $314.23 and a minimum price of $129.65.

Solana (SOL) Price Prediction 2025-2030

YearMinimum Price ($)Average Price ($)Maximum Price ($)

Solana Price Prediction 2025

Solana price is predicted to reach a lowest possible level of $315.20 in 2025. Experts suggest that the coin’s price could reach a maximum value of $377.09 and an average price of $340.21.

Solana Price Prediction 2026

In 2026 the price of Solana is forecasted to be at around a minimum value of $432.41. Solana’s price can reach a maximum of $521.05 and an average trading value of $504.36.

Solana Price Prediction 2027

If the bullish run from the previous years carry on to 2027, SOL can reach a minimum price of $564.35, a maximum price of around $667.75. On average, the trading price might be $635.87

Solana Price Prediction 2028

An analysis of the historical performance of SOL shows that the coin could attain new highs in 2028, reaching a maximum price of $732.48, a minimum of $682.54, and an average trading price of $700.21.

Solana (SOL) Price Prediction 2029

Based on the analysis of Solana by crypto experts, the following maximum and minimum SOL prices are expected in 2029: $804.12 and $696.38. On average, SOL could trade at $766.43.

Solana Price Prediction 2030

Solana price is projected to reach a minimum price of $989.32 in 2030. Expert findings suggest that SOL’s price could reach a maximum of $1,098.94 and an average forecast price of $1,079.40.

Solana Price Prediction by Experts


Cryptopolitan’s Solana (SOL) Price Prediction

At Cryptopolitan, we are bullish on Solana’s future price as the market sentiment is extremely impressive. By the end of 2024, Solana might record a maximum price of $322.21, with a minimum price of $129.65 and an average price of $314.23

We expect Solana price to create a high of $322.21 by the end of 2024

Solana (SOL) Historic Price Sentiment

  • Solana was launched in April 2020 and has gained popularity over the last 18 months. The price of Solana has surged from $0.75 to a high of $214.96 in early September.
  • Following NFT hype and growing demand in the DeFi community, the price of cryptocurrency Solana or SOL more than tripled during the summer of 2021. Solana (SOL) token became the fastest-growing cryptocurrency and is currently ranked at position five with a live market cap of $66.4 billion.
  • It has overtaken the likes of the once-popular Dogecoin, DAI, DASH, Polkadot, VeChain, Eos, and many others. It is closely behind Binance Coin (BNB) and Tether (USDT).
  • In 2024, Solana has become the go-to platform for many De-Fi applications including decentralized exchanges, NFTs and more.


Is Solana a good investment?

Yes. Solana is a good long-term investment.

What is the utility of the SOL token?

Sol tokens are used as governance tokens for voting, staked for delegation, and to pay for processing fees.

Where can I buy SOL?

You can buy Solana on Binance, Coinbase, Bitfinex, KuCoin, and Kraken.

Is there a risk to staking Solana?

Yes, staked Solana can be slashed if a node operates maliciously.

Can the Solana price crash?

The price of Solana cryptocurrency crashed at the beginning of September 2021 due to a network outage, something that is extremely rare and most likely will never happen again in the future. 

Is Solana a scam or legit?

Solana is a legit blockchain network, just like other blockchains like Ethereum. As a result, the native token, the Solana coin, which is commonly referred to as SOL coin, is a legit cryptocurrency.

Where do I safely store SOL?

Once you purchase SOL coins, you should store them in a secure place. Most of the exchanges where you can buy SOL offer in-built crypto exchange wallets. Other wallets that allow storage of SOL coins include the atomic wallet and Ledger hardware wallet.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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