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How High Can Solana Go?

Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. None of the data and information on this webpage constitutes investment advice according to our Disclaimer.

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Solana has emerged in recent years as a leading smart contract platform, demonstrating tremendous growth that has captured the attention of both individual investors and large institutions. As one of the few blockchains capable of speeds and costs that rival traditional payment systems, it's little wonder why interest in the project continues to surge. With SOL now firmly entrenched in the top 10 cryptocurrencies by market value, many are left wondering how far its price might progress in the years ahead. In this report, we analyze Solana's past performance and conduct thorough price predictions spanning both the short and long-term. Technical indicators are examined alongside fundamental factors known to impact crypto markets. We also survey the outlooks of respected analysts to provide a well-rounded perspective on SOL's potential. By understanding what drives this coin's value fluctuation, our goal is to offer guidance surrounded by facts rather than hype.

What is Solana (SOL)?

Solana is a blockchain that supports builders around the world, allowing them to create crypto apps. It’s an open-source project supporting smart contracts, including non-fungible tokens (NFTs) and a variety of decentralized applications (dApps).

Solana’s native token is SOL, which is used to pay the blockchain’s transaction fees and for staking. The Solana blockchain is different from others because it allows fast and cheap transactions.

This is because, unlike other blockchains that solely use a proof-of-work or proof-of-stake consensus mechanism, Solana uses proof of history, which is a unique algorithm that validates transactions. Solana uses a hybrid model, combining proof-of-stake and proof of history for even faster processing.

Where To Buy Solana (SOL)?

We have analyzed spot and futures fees of leading cryptocurrency exchanges that accept clients from your country to provide you with an objective overview of their trading conditions. Additionally, we have compared other features that may be useful for your selection.

Coins supported Spot Maker Fee, % Spot Taker fee, % Futures Maker Fee, % Futures Taker Fee, % NFT Staking Solana Open account

Binance

415 0,1 0,1 0,02 0,05 Yes Yes Open an account
Your capital is at risk.

Bitget

831 0,1 0,1 0,02 0,06 Yes Yes Open an account
Your capital is at risk.

HTX

701 0,2 0,2 0,02 0,05 Yes Yes Open an account
Your capital is at risk.

Factors That Have Shaped SOL/USD in 2025

The price movement of Solana (SOL) in 2024 has been influenced by a mix of technological advancements, network challenges, and market dynamics.

Technological Developments: Solana has made significant strides with the introduction of Runtime v2, which aims to enhance the network's performance and developer experience. This upgrade includes a concurrent transaction processor and support for the Move programming language. Such improvements are designed to boost the efficiency and scalability of the network, making it more attractive for developers and users​.

Network Challenges: Despite the technological advancements, Solana faced several network outages in 2024, causing transaction failures and significant disruptions. For instance, a major outage in April 2024 led to about 75% of transactions on the network failing, which negatively impacted investor confidence and contributed to price volatility. These outages have raised concerns about the network's reliability, which has been a key factor in the recent price declines​

Market Dynamics: The broader cryptocurrency market trends also played a role in SOL's price movement. Solana experienced a bullish trend, driven by overall market optimism and its technological enhancements. However, network issues and broader market corrections have led to significant price fluctuations. For example, in April, Solana's price dropped 12.32% to around $151.15 within 24 hours due to network congestion issues​.

These factors have collectively influenced Solana's price movement, making it crucial for investors to stay updated on both technological developments and market conditions.

What Could Solana (SOL) Be Worth in 10 Years?

Traders Union (TU) has a long-term forecast model that evaluates the likely price movement of SOL if current trends continue. This forecast considers market cycle assessments, indicator performance, and various statistical factors. However, it is important to note that long-term projections are for informational purposes only, do not constitute trading advice, and may be adjusted if fundamental factors influencing the price change.

Solana price prediction (SOL/USD) 2025-2026 by months

Month Minimum Price, $ Average Price, $ Maximum Price, $
August 2025 113.04 125.6 138.16
September 2025 113.61 126.23 138.85
October 2025 114.17 126.86 139.55
November 2025 114.74 127.49 140.24
December 2025 115.32 128.13 140.94

Solana Price Forecast for 2025, 2030, 2040

Year Price in the middle of the year Price at the end of the year
2026 $132.02 $136.03
2027 $140.16 $144.41
2028 $148.8 $153.32
2029 $157.98 $162.78
2030 $167.72 $172.82
2031 $178.07 $183.47
2032 $189.05 $194.79
2033 $200.7 $206.79
2034 $213.06 $219.54
2035 $226.21 $233.08
2036 $240.16 $247.46
2037 $254.98 $262.72
2038 $270.7 $278.92
2039 $287.39 $296.12
2040 $305.12 $314.39
2025 $154.81 $128.13

Solana Price Predictions 2025

According to the TU price prediction, Solana(SOL) could cost $128.13 by the end of 2025.

Month Minimum Price, $ Average Price, $ Maximum Price, $
August 2025 113.04 125.6 138.16
September 2025 113.61 126.23 138.85
October 2025 114.17 126.86 139.55
November 2025 114.74 127.49 140.24
December 2025 115.32 128.13 140.94

Will Solana Hit $1,000 in 2025?

While the prospect of Solana hitting $1,000 is likely, it probably won’t happen in 2025. One reason is that the market is still growing and needs time to generate more demand.

Can Solana Hit $10,000?

It’s unlikely for Solana to hit $10,000 anytime soon. However, there are some sources that make such a prediction, the likelihood of this happening is low.

According to Traders Union analysts Solana can reach $206.79 only in 2033. So, can we rule out the possibility of SOL ever hitting $10,000? No, absolutely not.

Since its creation in 2017, Solana has already seen some phenomenal growth. So it’s no surprise that its native token still has a lot of growth potential, especially if the overall bull market structure stays intact.

Plus, Solana is still ahead of many competitors, offering smart contracts, while others don’t. The blockchain also has an active developer base, and its growth far surpassed expectations. So, can we rule out the possibility of SOL ever hitting $10,000? No, absolutely not, but we’ll just have to wait and see.

Should I invest in Solana (SOL) right now?

Solana has gained popularity in recent times due to its lightning-fast transaction and low transaction costs compared to other blockchains. Solana's ecosystem is continuously growing, with new applications getting launched daily. Its innovative technology stands out. For instance, Proof of History (PoH) is Solana’s unique consensus mechanism that works alongside Proof of Stake (PoS) to provide faster confirmation times.

Aside from its innovative technology that guarantees Solana’s success, here is another reason for you to invest in Solana now.

You can invest in Solana (SOL) right now if You are looking for scalability

Solana ranks in the top 10 among the largest cryptocurrencies by market capitalization. It saw a rapid rise in value since the beginning of the fourth quarter of 2021. It is designed for scalability as the network is designed to handle throughput. Solana is capable of processing 65,000 transactions per second.

Solana also has numerous utilities. Its ecosystem thrives with various dApps, projects, and DeFi (decentralized finance) applications. The active community contributes to its development and robustness, guaranteeing the success of your investment.

You should not invest in Solana (SOL) right now if You seek credibility

Despite Solana's uniqueness, it has several issues to consider before investing in it. It has faced several network outages that rendered the entire network unusable for hours. While the network might still be in beta, investors don't want to see their money locked up for hours. Consequently, Solana has faced much criticism from the crypto community, targeting its centralized cryptocurrency foundation.

Conclusion

Solana is a blockchain network that was designed to be fast, secure, and efficient. Its ultra-efficient blockchain means it uses significantly less energy than proof-of-work blockchains, and has some of the lowest transaction costs out there.

Beyond that, it has a variety of use cases, from smart contracts to (DeFi) platforms, such as decentralized crypto exchange. So, it’s not surprising that many crypto analysts expect Solana’s native altcoin SOL to increase in value as the years go on. The question is, by how much? The exact number is hard to predict.

Price ​​prediction methodology

The following tools and instruments were used for making the prediction:


Basic instruments of technical analysis. The forecast relies on basic technical indicators. The analysis was performed mostly on medium and long-term time frames for more accurate results.

Chart analysis. Analysis comprises a review of key levels of support, resistance, trend lines, as well as patterns formed on different time frames.

Statistical tools help evaluate a probability of a fundamental factor that could impact the price, its nature and intensity of impact.

Methods of mathematical and statistical analysis; modeling, adaptive forecasting methods.

Expert opinions and consensus forecast.

NOTE!

This forecast is based on current information and data of previous periods. Emergence of strong fundamental factors capable of radically changing the overall market trend and subsequent price trend is possible. The forecasts are updated regularly based on the latest data.

This article is created for informational purposes only and does not constitute investment advice. Be aware of the high volatility of cryptocurrencies and consider these risks when making investment decisions.

FAQs

Is Solana a good investment?

Analysts view Solana as a viable long-term investment due to its scalability and advances, but it remains a highly volatile asset so only invest what you can afford to lose.

Will Solana survive long term?

Most analysts believe Solana has strong potential for long-term survival due to its active development community and expanding ecosystem of use cases and applications.

Is now a good time to buy SOL?

There's no definitive answer as the crypto market is unpredictable. DCA (dollar cost averaging) is generally recommended over attempting to "time the market”.

How does SOL compare to Ethereum?

Solana offers faster transaction speeds and lower fees than Ethereum currently. But Ethereum still has a larger ecosystem and first-mover advantage.

Team that worked on the article

Ivan Andriyenko
Author at Traders Union

Ivan is a financial expert and analyst specializing in Forex, crypto, and stock trading. He prefers conservative trading strategies with low and medium risks, as well as medium-term and long-term investments. He has been working with financial markets for 8 years. Ivan prepares text materials for novice traders. He specializes in reviews and assessment of brokers, analyzing their reliability, trading conditions, and features.

Chinmay Soni
Developmental English Editor

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).

Glossary for novice traders
Cryptocurrency

Cryptocurrency is a type of digital or virtual currency that relies on cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies operate on decentralized networks, typically based on blockchain technology.

Volatility

Volatility refers to the degree of variation or fluctuation in the price or value of a financial asset, such as stocks, bonds, or cryptocurrencies, over a period of time. Higher volatility indicates that an asset's price is experiencing more significant and rapid price swings, while lower volatility suggests relatively stable and gradual price movements.

Ethereum

Ethereum is a decentralized blockchain platform and cryptocurrency that was proposed by Vitalik Buterin in late 2013 and development began in early 2014. It was designed as a versatile platform for creating decentralized applications (DApps) and smart contracts.

Leverage

Forex leverage is a tool enabling traders to control larger positions with a relatively small amount of capital, amplifying potential profits and losses based on the chosen leverage ratio.

Investor

An investor is an individual, who invests money in an asset with the expectation that its value would appreciate in the future. The asset can be anything, including a bond, debenture, mutual fund, equity, gold, silver, exchange-traded funds (ETFs), and real-estate property.