Solana (SOL) has once again fallen below the $220 mark. The asset has basically lost all its gains made in mid-September. SOL’s price climbed to a high of $251 on Sept. 18, but has since faced a steep correction amid a market-wide dip. According to CoinGecko data, Solana (SOL) has fallen 0.3% in the last 24 hours and 6.9% over the previous week. However, SOL has maintained some gains in the other time frames, rallying 0.4% in the 14-day charts, 5.6% over the previous month, and 51.4% since September 2024. Let’s discuss if Solana’s (SOL) fate will change in October 2025.
Will Solana Recover Its Price In October 2025?
The recent market rally may have been due to uncertainties around the Federal Reserve’s monetary policy. Although the Federal Reserve announced a 25 basis point interest rate cut, investors are still cautious about the Fed’s stance. Solana (SOL) and other crypto assets have suffered the brunt of the volatility.
Moreover, September has historically been bearish for the crypto market. It would appear that we are following the same pattern in 2025 as well. October, on the other hand, has been historically bullish. This could mean that we will experience a market-wide rally over the coming weeks. Solana (SOL) could rebound as we enter the fourth quarter of this year.
Not only is October usually a bullish month, but there is also a high chance that the Federal Reserve will roll out another interest rate cut next month. Another interest rate cut could lead to the cryptocurrency market witnessing a surge in inflows. Solana (SOL) could more than reclaim the $250 mark. We could even see SOL reclaim its all-time high of $293.
Also Read: Solana Gets a Price Target of $380 & $460 as It Forms Bullish Triangle
According to CoinCodex, Solana (SOL) will rally over the coming weeks, but only so slightly. The platform anticipates SOL to hit $245.08 on Nov. 30, but does not expect it to breach $250 any time soon.
