Forecast
According to the technical analysis of the expected Solana prices in 2025, the minimum cost of Solana will be $$133.05. The maximum level that the SOL price can reach is $$141.92. The average trading price is expected to be around $$150.79.
Fundamentals of Solana (SOL)
Solana is a high-performance blockchain platform designed to support decentralized applications (dApps) and cryptocurrencies. The project was initiated in 2017 by Anatoly Yakovenko, a former Qualcomm engineer, who introduced the Proof-of-History (PoH) consensus mechanism to increase scalability and transaction speed.
The Solana whitepaper was released in February 2018, one year after its founding.
The network was officially launched in March 2020, with its first block created on March 16, 2020.
Solana, often referred to as the 'Ethereum killer' due to its high throughput and low transaction costs, gained significant attention in the cryptocurrency community in 2021. Its native cryptocurrency, SOL, has become one of the leading digital assets by market capitalization.
Solana History
According to the latest collected data, the current price of Solana is $$180.74, and SOL is currently ranked No. 5 in the entire crypto ecosystem. The circulating supply of Solana is $81,178,374,229.53, with a market cap of 449,155,040 SOL.
In the last 7 days, SOL has shown a good upward trend, increasing by 25.64%. Solana has shown very strong potential recently, and this may be a good opportunity to invest.
In the last month, the price of SOL increased by 18.86%, adding a colossal average of $34.09 to its current value. This sudden growth indicates that the coin could become a solid asset now if it continues to grow.
