What Price Level Is Expected This Year Following the New ATH in Solana? Experienced Analyst Reveals

Bitget App

Trade smarter

Bitget

News

Bitcoinsistemi2025/01/19 18:22

By:Mete Demiralp

Cryptocurrency analyst Andrew Kang shared a new price target for Solana in his statement. Here are the details.

Today we witnessed Solana make a really serious attack and break the all-time high price record.

With the rise, the all-time high price record for SOL has now been updated to $270.67.

With the decline after the record, the SOL price is trading at $255 at the time of writing this article. We shared the reason for the rise with you today as Bitcoinsistemi.com. The new President of the USA, Donald Trump, launched a memecoin and chose Solana as the blockchain network.

Related News BREAKING: Solana (SOL) Breaks All-Time Price Record - What's Driving the Rally?

However, the cryptocurrency market is still debating how high SOL can go. Andrew Kang, an analyst with numerous past reviews on the subject, shared the price level that SOL could reach in this cycle.

Kang claims that with Donald Trump’s latest move, there could be a potential US Strategic Reserve initiative for Solana. Kang suggested that the price of SOL could rise to $500 this year.

At the time of writing, Solana is trading at $254. If it were to rise to $500, Solana would have a market cap of approximately $250 billion.

*This is not investment advice.

Advertisements

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14