- Solana Price Prediction 2022 – up to $32.02
- Solana Price Prediction 2025 – up to $114.65
- Solana Price Prediction 2028 – up to $362.59
- Solana Price Prediction 2031 – up to $1,107.99
Just as we go to press, SOL is rallying after dropping from $36.29 to $31.02 early Monday morning. Trading volumes also saw a 19.22% dip to $2.77 billion over the same period. Funny, this should happen after Solana’s Breakpoint event and Google Cloud announced running a Solana validator.
Solana shared its own plans for next year at its four-day conference, Solana Breakpoint. In a demo in Lisbon, Solana Labs’ co-founders Raj Gokal and Anatoly Yakovenko presented their upcoming “Saga” Web3 smartphone.
The phone’s in-built Solflare crypto wallet can sync to decentralized applications, including those that come from Solana’s free-free app store. Its SIM cards are powered by the Helium Network and T-Mobile’s wireless 5G network.
Solana has become a favorite for crypto investors as the cryptocurrency market grows, with its inflows surpassing $50 million last September. The cryptocurrency has found its way into the top ten digital assets list. The token dethroned Cardano and currently ranks number 5 on the market. Most of the analysts present a bullish Solana price prediction.
With a good potential, it is not farfetched for Solana to reach $5,000, a 10,000% increase in the next eight years. While some might find this increase unrealistic, consider that it rose more than 8,500% by January 2022 to an all-time high of $260. Solana’s sharp price increase in that time shows that anything is possible. Read through this Solana price prediction and find reasons why this might be so.
The SOL/USD price travels over the Moving Average curve, indicating the market is following a bullish movement. However, the market also experiences declining volatility today. In addition, the SOL/USD price seems to move towards the resistance, signifying a possible reversal movement, which could break the bullish momentum.
Today’s Solana price is $24.64 with a 24-hour trading volume of $641,459,336. Solana is down 23.51% in the last 24 hours. Solana’s current circulating supply is 354.91M SOL out of a maximum supply of 511.62M SOL. Solana is currently ranked #3 in the Proof-of-Stake Coins sector, ranked #2 in the Solana Network sector, and ranked #7 in the Layer 1 sector. The current CoinMarketCap ranking is #11, with a live market cap of $8,912,382,832 USD.
Let’s now look at what analysts predict for the Solana price in the coming months – and years – and consider whether SOL should be a part of your crypto portfolio.
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What is Solana?
Solana blockchain (also commonly referred to as Solana protocol) was introduced to compete with the Ethereum blockchain, which brought the current revolution, especially with its smart contract technology that has to go ahead to enable the inventions of decentralized finance (DeFi), Non-Fungible Tokens (NFTs), decentralized applications (DApps), and all the other concepts like yield farming, liquidity mining, staking, etc., that accompany these inventions.
Today Solana is fulfilling its purpose as more and more people continue adopting cryptocurrency. Its native token SOL is now priced at about $218, 43203.94%, up from its initial price at launch.
The blockchain revolution assured investors of digital coins that would offer privacy and confidentiality through the sturdy cryptographic algorithm that ensures that even if transactions are recorded in the public blockchain network, the identity of the sender and the receiver is always hidden behind some addresses.
To that end, Solana is considered one of the most effective, secure, fast, and censor-resistant blockchains worldwide. It offers an open-source infrastructure making it easy for global adoption.
What blockchain projects are on Solana?
Solana has smart contracts functionality, and a blockchain developer can develop and deploy a decentralized application (DApp) on the blockchain. Several blockchain projects have been launched on Solana, and they have also contributed to Solana’s fortunes. these blockchain projects include:
- Solana Beach — a Solana blockchain explorer.
- UPFI — a stablecoin.
- Phantasia — a fantasy sports platform.
- HydraSwap — a DEX.
- CropperFinance — a yield farming service.
What do I have to know about the Solana network?
The main thing about the Solana network is an innovative blockchain system. The main aims of this system are security and decentralization. Sol token has also soared and added significant gains to its bag in this situation.
What is the mission of the Solana project?
Solana Blockchain aims to make the situation convenient for decentralized apps and democratize the global financial setup. It provides a high-speed blockchain system that facilitates speedy transactions and secure communication.
What is Proof-of-History in Solana?
Proof-of-history in Solana is derived from Proof-of-Stake. It is one of the innovative additions to the Solana blockchain that relays more on time based on the happening of a specific action. Using this protocol, Solana makes it possible to keep the historical record of the transaction.
Solana (SOL) Coin Price History
In 2021, Solana (SOL) token had become 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).
This year (2021), the price of Solana (SOL) has appreciated by more than 43% in October to currently trading at $217.19 compared to $25.72, which was its price on January 1, 2021.
Solana crypto prices hit an all-time high of $260.06 on November 6, 2021.
While the demand for Bitcoin (BTC) and Ethereum (ETH) has flattened, the market for Solana (SOL) is on the increase.
Where to store my Solana coin
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.
New Developments In The Solana Network
Aleph.im announced the first-ever, fully open-source, decentralized indexing framework that lets you deploy your own custom Solana indexer. Aleph.im is an open-source cross-chain decentralized cloud project.
Other new developments in the Solana network include Dual Finance staking options, Metaplex NFT compression, Metaplex NFT compression, etc.
Solana Technical Analysis
Solana price analysis is currently bearish as the market slides below $25.02. This comes after a period of consolidation around this price level. The bears now seem to be in control as they push SOL/USD prices toward support at $25.52.
The Altcoin has lost almost 20.94% in the past 24 hours and its current price is trading at $25.58. The market capitalization sits at $9,211,465,434 with a 24-hour volume of $3,199,422,665.
Solana is also trading on a bearish momentum as the bears have been in control for the last 24 hrs. Solana has traded as low as $25.40 and as high as $32.76. The current CoinMarketCap ranking is #10, with a circulating supply of 361,169,805 SOL coins and the max. supply is not available.
The exponential moving averages also show a bearish trend as the 50 EMA crosses below the 200 EMA indicating that the bears could be in control of the market in the short term. However, we should also keep an eye on any bullish movements as RSI levels remain below 50 showing that there is still some buying pressure in the market. The MACD histogram also shows a bearish trend as it falls below the 0 lines.
Solana Price Prediction by Cyptopolitan
Our Solana sol price prediction is bullish, and we expect the coin to trade at a maximum price of $243.19 in five years. Let’s take a look at how the SOL price climbs year to year.
Solana Price Prediction
Solana Price Prediction 2022
Our Solana coin price prediction for 2022 is a maximum of $32.02. We can expect the SOL price to be around an average of $31.17 and a low of $30.02 for the same year. Solana is experiencing strong adoption by NFT projects this year, and we might see a slightly bullish trend if all goes well in the market.
The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.
Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale.
Solana Price Prediction 2023
Our Solana price prediction for 2023 will reach a minimum price value of $45.06 with an average of $46.62 and it is expected by the end of the year to have reached a maximum price of $51.34 in the crypto market.
mSOL are Solana-based tokens, with MNDE being used as collateral for the creation of synthetic assets on the Serum DEX, and mSOL being staked SOL tokens that earn a yield for their holders. Coinbase will list both altcoins under its Experimental Label, which the exchange designed for riskier assets with less liquidity.
Solana Price Prediction 2024
Our Solana price prediction for 2024 is a maximum of $79.73. We can expect the SOL price to be around an average of $68.39 and a low of $66.53 for the same year. In 2024, the SOL price is expected to gain momentum if it solves power outages and adds more innovation into its space.
Solana blockchain announced that they are going to launch a smartphone named Saga, a flagship Andriod phone for web3. Probably it is the first blockchain that is taking this revolutionary step. According to the co-founder of Solana, Anatoly Yakovenko, “Almost 7 billion people use smartphones around the world and more than 100 million people hold digital assets – and both of those numbers will continue to grow,” he further added that “Saga sets a new standard for the web3 experience on mobile.”
Solana Price Prediction 2025
Our Solana price prediction for 2025 is a maximum value of $114.65. We can expect the SOL price to be around an average of $96.52 and a minimum value of $93.79 for the same year. Our Solana price forecast expects the cryptocurrency to thrive as more crypto enthusiasts are interested in the token.
Observing the specification of Saga, one can easily say that the Solana Saga mobile phone will challenge the very top android mobile phones present on the market. It has a 6.67-inch 120Hz OLED display and stainless steel frame. Additionally, the phone weighs 247 grams with 8.4mm thickness, making it easy for you to carry it wherever you want.
Solana Price Prediction 2026
Our Solana price prediction for 2026 is a maximum value of $164.84. We expect the average price to be around $144.4 and a minimum value of $140.54 for the same year. Crypto investors always look to the future and hope their cryptocurrencies value continues to grow. We anticipate a relatively bullish trend to continue.
The Solana saga product will be introduced in the first quarter of 2023. However, its shipping to developers will start on Dec. 15, 2022. There are more than 3.5k kits manufactured which are ready for shipping but they are left with a final test. And after the final test, they will be released to the users.
The mobile phone will help the developers to use decentralized apps for the Solana dApp. The developers can also use Solana Mobile Stack and the Seed Vault with the help of this mobile.
Solana Price Prediction 2027
Our Solana price prediction for 2027 is a maximum value of $243.19. We can expect the SOL price to be around an average of $213.91 and a minimum value of $208.14 for the same year. Our Solana price forecast expects the cryptocurrency to thrive as more crypto enthusiasts are interested in the token.
Orbeon Protocol offers solutions for these issues by connecting eager investors with the companies they often enthuse about but normally never get anywhere near. As well as this, it is gaining attention for its native utility token ORBN. Holders of ORBN will be eligible for perks such as staking bonuses, governance rights, and exclusive investor groups.
Judging from the encouraging response of the market to this project in the presale stage, with the price of ORBN expected to surge by 6000% from $0.004 to $0.24, we are likely to see great things from Orbeon Protocol as the presale concludes.
Solana Price Prediction 2028
Our Solana price prediction for 2028 is anticipated to reach a high price of $362.59. The minimum price of the coin by 2028 is expected to be $303.12; the average trading price of the coin is forecasted to be $313.81.
Orbeon Protocol, a market newcomer and decentralized investment platform, is disrupting the venture capital industry and providing investors with the chance to support some of the most promising new start-up companies. To date, only venture capitalists have had access to the best start-up investment opportunities and it is rare for an average person to get the chance to support a company they genuinely believe in.
Orbeon Protocol changes this by allowing investors to buy fractionalised NFTs representing a particular startup or business opportunity – these can be purchased for as low as $1, drastically lowering the threshold of capital required to invest.
Solana Price Prediction 2029
Our Solana price prediction for 2029 forecasts also project an average market price of $451.51, with the minimum price set at $439.96 and the maximum SOL price at $537.14 developers could increase the adoption levels of the network, thus leading to these market prices in the coming years.
Santiment, the blockchain analytics firm that conducts the social media sentiment survey, for example, says that the fear, uncertainty, and doubt (FUD) surrounding Solana seems to have worked up to a fever pitch. It also notes that “heavy bearish sentiment” is often a strong signal for a near-term upswing. While I’m concerned about outages taking place on the Solana network, they seem to be the classic growing pains of a young blockchain network.
Solana Price Prediction 2030
Our Solana price prediction for 2030 indicates the SOL market will record more gains than losses leading to a maximum market price of $764.33. We also forecast a minimum price of $646.35 and an average market price of $668.93.
Solana still has a lot of growth potential assuming the overall bull market structure stays intact. Solana currently hosts a variety of Defi applications, NFT projects, and Web3 Applications, whereas some competitors like ADA has yet to implement smart contracts. If digital asset prices continue to appreciate, it wouldn’t be unreasonable to see Solana continue to grow. At current valuations, SOL would need to trade around $300 per token for its market cap to reach $100 billion.
Solana Price Prediction 2031
Our Solana price prediction for 2031 is a maximum of $1107.99. We can expect the SOL price to be around an average of $962.45 and a low of $935.69 for the same year. After our Solana price predictions, we expect it to increase steadily by 2031.
SOL has been making major moves on offense, especially within the market for non-fungible tokens (NFTs). Solana now controls nearly a quarter of the NFT market and has seen enormous recent success for Magic Eden, the most popular Solana NFT marketplace, as well as with the launch of new, high-profile NFT collections. In large part, Solana’s market share gains are due to the speed and low costs of the Solana network.
Solana Price Prediction by Wallet Investor
According to present data Solana (SOL) and potentially its market environment has been in a bearish cycle for the last 12 months (if it exists). Our Ai cryptocurrency analyst implies that there will be a negative trend in the future and that SOL is not a good investment for making money. Since this virtual currency has a negative outlook we recommend looking for other projects instead to build a portfolio. Trading in bear markets is always harder so you might want to avoid this currency if you are not a veteran. Always read up on optimal investment strategies if you are new to investing.
Solana Price Prediction by Price Prediction Net
The average price of Solana (SOL) might go to $31.17 by the end of this year and in the next five years, Solana will have a minimum price of $164.84 and a maximum price of $140.54 per SOL. Since Solana is traded on a supply-and-demand basis, its value fluctuates drastically.
Solana Price Prediction by Industry Influencers
A crypto analyst, Thomas Kralaw has said that Solana will be given a potential of about $300 – $500 at the peak of the next bull run which will give the Solana price of $800 to $1400
Alex Nagorskii, the funds’ management executive at DigitalX, says that SOL could close out 2022 worth $80 based on the recent upgrades to the network.
“Solana has implemented several promising protocol updates which appear to have reduced outages in the short term. It remains to be seen if the stability will persist. Solana has captured significant portions of the NFT market from Ethereum and remains a decent competitor in the L1 race.”
Gavin Smith, the general partner at Panxora Hedge Fund, also sees a bright future for SOL on the back of its utility, predicting it will see out 2022 worth $76 and reach new heights in the future
“SOL is one of the leading contenders in the smart contract blockchain space. They are likely to be one of the chief beneficiaries if the Ethereum upgrades fail to deliver lower transaction fees.”
Solana has proved that blockchains can be environmentally friendly, fast, and cheap. Solana Pay is the future of payments. The blockchain is cutting out the path for future developments in the blockchain space. Solana features rival those of Bitcoin and Ethereum. It also has a huge community. These advantages will propel Solana’s market capitalization to the top.
Solana has had a good run since its inception. Its blockchain rivals that of Ethereum and Bitcoin in that it is environmentally safe, has low transaction costs, and is relatively very fast. This saw Solana perform very well at the beginning of the year before crypto prices began going down.
Solana Labs was once accused of irregular sales of its initial sales before being publicly available. If the news is anything to go by, it may impact Solana’s development, just like the lawsuit on XRP.
Our Solana sol price prediction is bullish, and we expect the coin to trade at a maximum price of $243.19 in five years. Even though we are bullish on Solana, it is advisable to do your research before investing in this cryptocurrency.