Solana Price Prediction 2024,
Solana soared over 15,000% in one year during the last bull, earning the title of “Ethereum killer” and generating a significant community. However, one of the worst collapses in recent years followed, with the SOL price plummeting 96% from its all-time high (ATH).
Despite this, Solana has shown promising signs of a recovery recently. This Solana price prediction considers Solana’s controversies, its fundamentals, community and technical analysis to forecast short and long-term SOL prices.
Solana Price Prediction Summary
Solana launched in April 2020 with an initial price of $0.9511.
The price reached an ATH of $260.06 on 6 November 2021.
Currently, SOL is priced at $76.64, down 70% from its ATH.
Our 2025 Solana price prediction estimates a price of $200.
Solana Price History
Solana was conceptualized in 2017 by Anatoly Yakovenko and developed by the Solana Labs technology company. Initially, the SOL token was sold in private and presales, with the final presale round in March 2020 priced at $0.22.
Once it launched on exchanges, the SOL price quickly shot up, trading ranging between $0.50 and $1 until July 2020. In July, the price broke $1 and began to climb, reaching $10 in March 2021.
The Solana project also raised lots of venture capitalist funding, even after the project was available to trade on exchanges.
Solana Price Prediction 2024
Considering SOL’s significant descent from its ATH, it certainly is one of the cryptos with the highest potential. While many thought its collapse would be the end of Solana, the events of late-2023 tell a different story—as does the data.$SOL #pizzaday #altcoins #sol