Please note that the article doesn’t present investment advice and serves for educational purposes only.
As of December 2024, Solana is one of the top cryptocurrencies and one of the best-established blockchain-based ecosystems. It quickly grew to prominence amidst the DeFi boom, as Solana powers the DeFi sector with its prime features.
The project went live in 2020 and quickly became one of the leading brands in the blockchain industry, with the SOL token placed among the top 10 crypto by market cap.
This article tells what Solana is and provides Solana (SOL) price prediction for 2025, 2030, 2035, 2050, and other years.
What Is Solana (SOL)?
Solana (SOL) is the native currency of the Solana blockchain that facilitates the DeFi services. The SOL crypto is one of the top 10 cryptocurrencies in terms of market capitalization. The Solana success owes much to its excellent network performance (cheap and lightning-speed transactions) as well as the notable role of the SOL token in the NFT markets.
Solana utilizes the unique hybrid of the proof-of-history (PoH) and proof-of-stake (PoS) consensus protocols to keep the transactions safe and fast. The protocol was developed by Anatoly Yakovenko, one of the key members of the Solana team, alongside Greg Fitzgerald. The platform was conceived in 2017. It took three years to launch the mainnet. The organization responsible for the network’s development is the Switzerland-based Solana Foundation.
Solana is handy both for institutional traders and hobbyists. Developers may build decentralized apps (dApps) on top of the Solana blockchain. In general, it is safe to call Solana one of the so-called Ethereum killers. This name is usually given to the blockchain-based ecosystems that facilitate building of news cryptocurrencies, dApps, DEXs, and other decentralized products on top of it. These platforms operate smart contracts and promise to address the well-known Ethereum problems like poor scalability, slow and expensive transactions, and low network capacity.
Solana (SOL) Price Prediction for 2024, 2025, 2027, 2030, 2035, 2040, 2050
As of December 21 2024, the SOL price is $185. The token ranks 6th in terms of market capitalization at $88 billion. Below you can see the SOL price prediction for 2024, 2025, 2027, 2030, 2035, 2040, and 2050. The prediction is based on a combination of tech and fundamental analysis. Under the table you can see more detailed commentaries on the prediction for each year.
Year | Price Prediction | ROI of your investment (if you buy the coin now) |
2024 | $205 | 10.81% |
2025 | $588 | 217.84% |
2027 | $440 | 137.84% |
2030 | $6,112 | 3,203.78% |
2035 | $8,014 | 4,231.89% |
2040 | $14,540 | 7,759.46% |
2050 | $32,300 | 17,359.46% |
2024
Thanks to the Fed, in the last third of December 2024, the crypto market is down. While SOL is below $200, the normalization is coming and by the end of 2024 the SOL price may retrace to a $205 level.
2025
As the Trump administration starts to unleash crypto-friendly regulation, the prices will go up. It’s understood that there will be hurdles on the way and the market will be rather volatile, however, the positive impulse will keep its momentum. It is especially true for such an established project as Solana. By the end of 2025, the SOL price may reach nearly $600, most probably settling a bit below the $590 mark.
2027
2027 is the pre-halving year, a usual crypto winter time. It doesn’t mean that the SOL price will be dropped back to the current level though. Nevertheless, the price is going to drop by roughly 25% if we compare the 2027 value to the 2025 price. By the end of 2027, SOL will be traded at around $440.
2030
Bitcoin mining reward drops by 50% roughly every four years. This event is pre-set by the Bitcoin architecture and usually called “halving.” As miners after halving miners will be receiving twice less money with the same expenses, they have to raise prices for the BTC they sell to keep profitability of their operations. Usually, a strong bull run takes place within a year or a year and a half after the halving event. No doubt, the same will happen after the 2028 halving. Around 2028 Solana will exceed $1,000. By the end of 2030, the halving impulse will start to fade and the SOL price will reach around $6,100.
2035
Another halving will take place in 2032. By 2035 the crypto winter will be in effect, so the heights achieved in the 2032-2033 bull run will partly be lost in the bear market. By the end of 2035, the SOL price will be close to an $8k mark.
2040
Assuming that in the 2030s, the Solana team continues to work as hard and successfully as now and the crypto market continues to grow, the SOL price will fully recover and reach new heights by the end of 2040, reaching around $14,500.
2050
In 2050, the SOL price may exceed the $32k mark.
Solana (SOL) Price Analysis for the Past Several Years
The table below contains the main milestones of the SOL price in the past years. The right column has the commentaries that explain the reasons for the price changes. It will help you to understand the drivers behind the SOL price better.
Date | Price | Why the price dropped/rose to this level (what influenced the price change) |
Apr 11, 2020 | $0.957 | The day SOL hit the markets, it was already listed on several major exchanges, including the world’s leading platform Binance. The initial price that day was around $1 |
May 11, 2020 | $0.5 | Despite being a well-received token Solana lost 50% of its initial value after the first month on the market. On May 11, the new token reached its historical minimum despite the fact that Bitcoin price was in the uptrend those days. Given the fact that the spring of 2020 saw much stress due to Covid, investors and traders gave preference to better established coins rather than to new assets like Solana |
May 19, 2021 | $56.2 | The SOL price started to grow in the summer of 2020. It was traded at around $4 by the end of the year when the crypto market started to warm up. The market peaked in April and finally Solana saw a big movement too, reaching over $55 in May. The price drop in the summer was pretty soft as SOL was listed on Coinbase, the leading U.S. crypto exchange. The SOL price in the summer was around $30 |
Nov 7, 2021 | $260 | Thanks to the DeFi boom and the increased exposure on the market, SOL gained much more value in the fall of 2021. In November, when BTC hit its new ATH, Solana reached its new peak at $260 |
Dec 31, 2022 | $9.89 | 2022 saw a severe crypto winter. It saw a number of negative events in the industry such as FTX exchange collapse, the downfall of the Terra Luna stablecoin, etc. In January Solana price dropped below $100. Before the short-term March warmup it was traded at around $80. In the summer the SOL price plunged below the $20 mark. The last day of this “winter” coincided with the last day of the year. On December 31, SOL was traded at $9.89 which was the lowest price ever since |
Mar 18, 2024 | $263.21 | 2023 was the year of slow awakening of the crypto market. From the start of the year until the fall, SOL was fluctuating around the $20 level. In the fall, as the rumors about soon approval of the Bitcoin ETFs began to circulate, the price began to grow, peaking at $200+ when the approval took place. Ever since SOL was traded at around $140. The new historical maximum was reached during the Trump Trade period at $263.21 |
Dec 21, 2024 | $185 | The sell-off triggered by the hawkish rate cuts by the Fed that took place on December 18-19 crashed the crypto market. As of December 21, the SOL price is $185 |
Q&A
Is SOL a good investment?
We cannot provide investment advice. Please do your own research.
What will be the SOL price in 10 years?
In 10 years (in 2035) the SOL price may reach around $8,000.
Should you buy SOL now?
As of December 22, the SOL price is volatile. Some may see it as a buying opportunity but it’s better to use analysis tools to make up your mind.
Conclusion
Solana is one of the crypto market and DeFi sector leaders. The token saw its ups and downs but many see it as a decent part of their investment portfolio. In ten years SOL may reach around $8k. Around 2028 the Solana price may reach $1,000.