Solana, with its significant uptick in the last year, is now a major asset on the market. SOL increased by more than 300% over the course of a year. From a trading low of $55 a little over a year before, the asset reached a peak of $263.83. The community believes that this growth could lead to a $500 price tag in the next year.
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Solana Price at Current Level
Over the last day, all of cryptocurrency was a bright red. Solana and other assets suffered major losses. As of the time this article was published, altcoins had fallen by more than 8% over the previous 24 hours. SOL traded at $231.65. Asset is currently trading at a 12% discount to its recent peak.
At the current Solana price, many investors have a positive outlook on this asset. Of the 142715 CoinMarketCap comments, 87% of them were in favour of an altcoin reaching higher prices. But there were also some naysayers. 13 % of the respondents were unsure about whether or not this asset would increase in value.
The calculations show that the cost of Solana could reach $924 if the 300% price increase occurs again in the next year. The community hopes to see SOL reach $500, but a realistic view is that it will rise to $924.
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2025 Price Forecast
CoinCodex predicts that the altcoin will have a positive 20205. Solana’s price is forecast to range from $234.38 up to $612.38 by 2025. SOL should trade on average for $381.86 per year. The currency will be trading 163.62% above its current value. SOL is expected to have a positive year in general. July could be the best month.
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Source: watcher.guru
