Solana (SOL) expects to ride a 2025 crypto surge to a new all-time high of $500 in 2025, making it a potential must-buy before 2024 is over. SOL has had a great 2024 year-to-date, surging almost 80%. It hasn’t benefitted as much as other cryptocurrencies following November’s crypto boom. However, a rally appears imminent for SOL according to some analysts.
The price prediction comes from CoinCodex, whose analysts see SOL reaching as high as $509 come next summer. At press time, Solana’s native cryptocurrency is trading at $187.07, rebounding slightly in the past week. 2025 is expected to be a huge year for cryptocurrencies in the US. With more investors having eyes on crypto assets, many are looking outside of Bitcoin for the next surefire investment. Due to the Solana Network’s recent success, SOL looks to be a top asset in 2025 in terms of ROI.
How Much Could You Make Investing Now if Solana SOL Reaches $500?
A surge to $509 next year would bring an over 100% return on investment for SOL investors who jump in now. Several investment firms are looking towards cryptocurrencies in 2025 as a pro-crypto administration takes office in the US. Additionally, the arrival of crypto ETFs in 2024 may have also set the stage for more to come in 2025. XRP, SOL, and ADA are also contenders for the next crypto ETF, with applications already in for Solana and XRP funds. A successful launch of a Solana ETF could make the asset hit a 100% surge very quickly in 2025.
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On the other hand, SOL isn’t guaranteed success in 2025. In 2021, the crypto market saw extreme highs followed by a massive dropoff. The same can happen at any time, thus making it difficult to make guaranteed predictions for an asset. Fortunately, Solana is known for its consistency and network reliability which only further benefit SOL. Investors know this: according to CoinMarketCap’s “Community Sentiment,” about 85% of 204K votes were bullish about a potential price spike in the SOL market, while 15% were bearish.
Despite SOL being down in price, the majority of the crypto community sees the end of 2024 as a consolidation and correcting period for top assets. Solana is down in the past week but still has the potential to rebound in 2025. As long as the asset remains above the $150 level, SOL has the potential to quickly rebound past $200 toward new highs. CoinCodex looks at January as the start for this rebound, with the asset projected to average around $ 202.08.