$SOL
Technical Overview (Technical Analysis)
The price is currently below the 50-day and 200-day moving averages, indicating a potential downward bias; remember that the anticipated crossover between the averages ("death cross") could extend the downward pressure. Both the Relative Strength Index (RSI ~38) and MACD show weakness in momentum, with the possibility of continued price decline before a new equilibrium.
- Price Expectations
Analysts from Bitget expect SOL to reach $300 by the end of 2025, provided the strong market momentum continues.
VanEck raised the forecast ceiling to $520 if Solana's share in the smart contracts market increases from 15% to 22% by the end of 2025.
Summary and Strategy
Short-term: Some analysts expect further declines until testing support levels around $185–200, especially if technical momentum weakness continues.
Medium to long-term: Strong catalysts like institutional adoption and the creation of ETFs, along with strong ecosystem performance and ongoing development, support a bullish scenario that could reach $300–520 by the end of 2025.
Risk: Whether Solana can overcome technical stability issues, activate institutional confidence, and benefit from ETFs will be the determining factor.