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

Key takeaways

  • Solana’s price struggles at $160 in June but is expected to surpass $300 by the end of 2024
  • By 2027, SOL is expected to rise to a new high of $750 driven by mainstream adoption of its dApps.
  • Solana’s price could surpass the $1,302 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$73,528,984,565
Trading Volume 24-h$2,812,854,707
Circulating Supply461,554,617 SOL
All-time High$260.06 Nov 07, 2021
All-time Low$0.5052, May 12, 2020
24 High$161.52
24 Low$145.82
Source: Coinbase

Solana Price Prediction: Technical Analysis

50-Day SMA$157.03
200-Day SMA$127.87
Price Prediction$340.01 (112.94%)
F & G Index18.12 (extreme fear)
Green Days12/30 (40%)
14-Day RSI29.83

Solana price Prediction: Bullish momentum builds as bulls aim to secure $160 level

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 $160 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 sol coin 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 prediction: SOL forms an ascending triangle pattern

According to the 4-hour chart for SOL, the bulls are clearly in control as the price bounces upward. Yesterday’s bullish engulfing candlestick proved to be a strong support level and has allowed. The market has formed an ascending triangle pattern as the price is moving toward the upper trend line.

SOL/USD technical indicators by Tradingview

The Relative Strength Index (RSI) for SOL/USD is currently at 61.09, 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.

SOL/USD 4-hour price chart: Bearish momentum makes price fall to $145

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 $145 has proven to be strong yet again during this dip, and it is likely to continue holding if there are further corrections in the Solana be worth 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 at 55.20, indicating low bullish momentum but the nigh-vertical slope suggests a high buying pressure.

Solana Technical Indicators: Levels And Action

Daily Simple Moving Average (SMA)

SMA (10)$163.67SELL
SMA (20)$165.93SELL
SMA (30)$165.97SELL
SMA (50)$157.03SELL
SMA (100)$162.08SELL
SMA (200)$127.87BUY

Daily Exponential Moving Average (EMA)

EMA (10)$161.56SELL
EMA (20)$163.31SELL
EMA (30)$162.76SELL
EMA (50)$160.75SELL
EMA (100)$152.09SELL
EMA (200)$131.60BUY

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 around $162 has proven to be strong 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

Solana price analysis shows that the SOL price faced resistance around the $185-$190 level, causing a pullback to the $160 mark before finding a foothold. Since then, the price has made a steady recovery to the $175 mark before being rejected at that level.

Traders should expect Solana to continue its attempt to recover towards the $185-$190 mark. However, the price is likely to stay within the $160-$175 range for the next few days as the bulls face corrections and work to regenerate momentum. Movement below $160 may mean a drop to the $150 mark, but further downward movement is unlikely given the current market sentiment.

Is SOL A Good Investment?

Solana is a high-performance blockchain platform known for its scalability and speed, boasting a substantial Total Value Locked (TVL). The network continues to hit key development milestones. Despite a challenging month, price predictions indicate a more optimistic outlook, suggesting potential for future growth.

Recent News/Updates on Solana

In an X post on June 11, Solana announced the launch of Tiplink Wallet Adapter that enables anyone to access Solana apps via their Google account. The adapter is composable across dApps making Solana apps available to potentially millions of new users.

Solana Price Predictions June 2024

MonthPotential low ($)Potential average ($)Potential high ($)

A bullish start to the month of May 2024 saw SOL rising from $166 to $174 in the first few days. Moreover, the market may soon continue the recovery pushing SOL towards $180. Based on expert analysis, Solana (SOL) could reach $187.06 by the end of May.

Solana Price Predictions 2024

YearPotential low ($)Potential average ($)Potential high ($)

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 SOL might reach a maximum price of $381, an average price of $372 and a minimum price of $153.

Solana (SOL) Price Prediction 2025-2030

YearPotential low ($)Potential average ($)Potential high ($)

Solana Price Prediction 2025

Solana price is predicted to reach a lowest possible level of $373.61 in 2025. Experts suggest that the coin’s price could reach a maximum value of $446.99 and an average price of $403.27.

Solana Price Prediction 2026

In 2026 the price of Solana is forecasted to be at around a minimum value of $512.55. Solana’s price can reach a maximum of $617.62 and an average trading value of $597.84.

Solana Price Prediction 2027

If the bullish run from the previous years carry on to 2027, SOL can reach a minimum price of $668.94, a maximum price of around $791.51. On average, the trading price might be $753.72.

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 $791.51, a minimum of $668.94, and an average trading price of $753.72.

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: $953.16 and $825.45. On average, SOL could trade at $908.48.

Solana Price Prediction 2030

Solana price is projected to reach a minimum price of $1,172.68 in 2030. Expert findings suggest that SOL’s price could reach a maximum of $1,302.62 and an average forecast price of $1,279.46.

Solana Price Prediction by Experts


Cryptopolitan’s Solana (SOL) Price Prediction

Our predictions show that SOL will achieve a high of $381.93 in the second half of 2024. In 2025, it will range between $374 and $477, with an average of $403. In 2030, it will range between $1,173 and $1,303, with an average of $1,279. Note the predictions are not investment advice. Seek independent professional consultation or do your research.

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 nearly $66 billion.
  • 2022 saw Solana leap to its all time high of $260, but SOL failed to close the year anywhere near as the price came crashing down to below $40 by June. The bearish markets were marked by high skepticism as trading volumes declined throughout the crypto markets.
  • The price continued to trade below the $40 level until November 2023, when Solana gained momentum and started a bullish rally once again to close the year at $101.84.
  • 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. The success has been visible in the SOL price which has risen from lows of $83.62 in January to the recent highs of $202.87
  • In June SOL has struggled to maintain grip of the $165 level and the price action has retraced to the $155 mark. However, the bullish pressure is high at the price region as buyers fight to regain the $160 level.


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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