Solana (SOL) is exhibiting healthy market behavior in recent times. Its current price is at $155.78 with a growth of 4.59%. The volume in the past 24 hours increased by 27.02% to $4.03 billion. This momentum signals increased investor activity and interest. The SOL price in the past week increased by 8.11% and is stable around $155.79. These indicate a resurgent bullish mood amongst traders.
Short-term movements can be risky, though. The latest upsurge is prompted by market speculation rather than a demonstrated trend reversal. Investors are nervous themselves as price shifts within cryptocurrencies can occur swiftly and are unforeseen. However, the recent push keeps Solana in sight as a coin to be watched carefully.
Short-term indicators show upward momentum for Solana
Crypto analyst CoinCodeCap Trading highlights a breakout setup for Solana. The coin has emerged from a downtrend channel and targets a range between $160 and $167, a potential 10% gain. Stop loss is recommended at $136 to limit losses if the rally is losing momentum.
Short-term indicators are bullish but medium- and long-term trends are bearish. The support area is determined at the range of $125-$140, while the resistance is anticipated at the range of $160-$180.
ETF rumors have stirred some excitement, likely boosting short-term gains. Still, experts caution these may not sustain a lasting upward trend. The recent surge might stay volatile with risk management recommended for investors. Solana’s price action is a back-and-forth battle between bullish buyers and fearful sellers.
Solana price prediction for 2025
In the future, the long-term projection for Solana is a bright one. DigitalCoinPrice is calling for a massive rally by the year 2025 with estimates passing $342.41. Early 2025 may find SOL shattering its record high at $294.33 and range at around $308.89 to $342.41. This prediction hints at bullish sentiment from both investors and market authorities.
Changelly, offers a more cautious 2025 price estimate. Its forecasting suggests SOL will trade anywhere between $155.38 and $156.17 with an average around $156.95. Average price in July 2025 could stay around $152.20 with lows and highs around $147.44 and $156.95 respectively.
ROI projections range anywhere from 4.3% to 4.8% with the possibility of moderate but persistent growth. Solana’s future is a mixture of promise and caution for the investor.
