Solana (SOL) is showing signs of a slight recovery. According to CoinGecko data, Solana (SOL) has rallied 0.2% in the last 24 hours and 0.9% over the last week. However, the asset has faced substantial losses in the other time frames, falling 10.6% in the 14-day charts, 11.2% over the previous month, and 37.3% since late December 2024. In this weekend price prediction article, let’s discuss if Solana (SOL) can continue on the gains it has made in the daily and weekly charts, and hit $130.
Solana Weekend Price Prediction: Is $130 in The Cards?
Solana (SOL) was among the best-performing cryptocurrencies of 2024. However, the asset has lost all gains made over the last year. Despite its current lackluster performance, many anticipate SOL to recover its losses in due time. Solana (SOL) has emerged as one of the most resilient crypto projects in the market, especially after its comeback from the FTX debacle. SOL’s price fell to below $9 after FTX collapsed in 2022. Since its 2022 lows, SOL has hit multiple all-time highs. The asset hit its most recent peak of $293.31 earlier this year in January. SOL is currently down by more than 58% from its January peak.
Solana (SOL) is currently following Bitcoin’s (BTC) trajectory. SOL’s slight rebound is likely due to BTC reclaiming the $88,000 price level, after its recent descent to the $86,000 mark. SOL may continue rally if BTC can maintain its momentum. If BTC reclaims $90,000, the move could push Solana (SOL) to the $130 mark. However, given the macroeconomic uncertainties, we may see prices consolidate around current levels.
Also Read: 2 Reasons Why Now Is a Great Time to Buy Solana
CoinCodex analysts do not anticipate Solana (SOL) to hit the $130 just yet. The platform expects SOL to continue trading at $122 over this weekend. CoinCodex predicts SOL will reclaim the $130 once again on Jan. 10, 2026.
