Solana (SOL) is currently trading at $198.51 and registered a 2.68% price drop in the last 24 hours. Nonetheless, the trading is strong at a $6.73 billion volume, which is up by 46.25%. In the past week, the token has been steady and gained 0.65% and has kept the crucial $200 zone under control.
Analyst Lennaert Snyder noted that Solana is fighting hard to maintain $200 support. Previously resistance, the level now serves as a vital base. If the price takes it back above $216, it could run back up toward $238. Beyond that is Solana’s all-time high. As long as the price remains above $180, the trend is up.
Solana price outlook remains divided
Crypto analysts are mixed about Solana’s mid-course performance. DigitalCoinPrice has a sharp surge on its prediction, expecting SOL hitting $294.33 before peaking at $437.14 before the end of year. This would mark new highs, where price ranges of $394.35 and $437.14 are seen as likely targets.
On the other hand, Changelly has a conservative 2025 outlook. They project a probable low of $170.07 and a probable high of about $188.01. Traders are likely expecting an average of $205.94 with minimal gains. They are forecasting a possible -5.3% ROI, showing nervousness regarding the token.
Volume trends signal market support
Future analysts of crypto anticipate Solana staying at about the $200 area once the end of summer is near. They anticipate that its price will be $201.99 by the end of 2024. By September 2025, the token can bottom at $198.04. Its probable peak is $205.94. This will give it a 3.7% ROI and form a steady but moderate growth.
Analysts expect that $200 is yet the psychological battleground. Declining below $198 can instigate pressure, and rising above $205 can instigate change. Volumes continue to captivate traders’ attention and remain a robust supporting indicator. Solana can discover within the next few weeks whether it surges toward higher highs or stays range-bounded.
