Solana (SOL) Price Prediction 2025-2030: SOL still on course for the moon?
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject.
Solana (SOL) has been one of the best blockchain platforms in recent years, attracting many investors with its fast transaction speeds and low fees. SOL, at press time, was trading just above the $20-level, which was more than 90% lower than its all-time high (ATH) of $260.
This year has seen significant price volatility for Solana (SOL), but it has been overwhelmingly positive, with the price increasing by more than 100% since the start of Q1. In fact, the cryptocurrency was trading at $21.15, at press time.
However, the Solana network has also been plagued by network outages and exploits on occasion, which has undoubtedly irritated investors.
Read Price Prediction for Solana [SOL] 2023-24
Solana has remarkably recovered from the losses it posted in November and December 2022, especially for a multibillion-dollar market-cap asset. How it is able to escape the long-term downtrend will determine how well it performs in the next few months.
Its increasing popularity can be assessed by the fact that popular American comedian and television host Steve Harvey also joined the bandwagon. He did so when he changed his Twitter profile to that of a Solana Monkey Business NFT in September last year.
American singer Jason Derulo tweeted about his excitement for the token last year, confirming that he had bet on Solana.
We recently witnessed the failure of the crypto-friendly Silicon Valley Bank (SVB) that also led to the collapse of Silvergate and Signature banks. It affected the crypto industry also, including Solana, as its price collapsed nearly 15% to
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