There is no denying that both the cryptocurrency and US stock markets have struggled to live up to expectations this year. However, things have begun to turn around for one of the most promising tokens in the digital asset industry. Indeed, Solana has jumped 9% to end the week as all eyes are on if SOL can reclaim $130 before April ends.
When the year kicked off, few cryptocurrencies had the kind of upside that Solana did. It became the face of a burgeoning meme coin sector, and its network is lauded for its technological capabilities. As that continues and institutional interest grows, the asset could be set to return to the key level before we know it.
Also Read: Solana Vs. Ethereum: Which Comes Out On Top In 2025?
Solana En Route to $130 in April? Here’s What to Know
It has been a rather interesting week for the crypto sector. Although prices have struggled amid increasing macroeconomic concerns, it is enjoying regulatory progress the likes of which it has never seen before. Moreover, that could be a key aspect of propelling the asset class in the near term.
One token that has certainly benefited is Solana, as the cryptocurrency was up more than 9% to end the week, with all eyes on whether the asset could breach the $130 level before April ends. Indeed, the token is still reversing its 4% drop over the last month and ended the week at the $118 level.
Also Read: Solana Reverses 22% Drop: Why SOL Can Still Hit $150 This Year
The token has no shortage of upside, with Friday seeing publicly traded real estate firm Janover Inc. buying $5 million worth of the asset. The purchase was a key part of its treasury allocation strategy. Moreover, Solana ETF buzz has run rampant, with approval odds rising as much as 81%.
All of this is enough of a reason to be bullish on Solana’s outlook for the rest of 2025. That is certainly where crypto price prediction platform CoinCodex stands. Specifically, their analyst project SOL to hit an April high of $133
Moreover, they expect the token to stagnate around the $120-$140 mark over the next three months. Yet, they project it to surge from August on. Moreover, experts have the asset ending 2025 with a yearly high of $278, up more than 134% from its current position.