As of February 24, 2025, Solana (SOL) is trading at approximately $158.47, reflecting a recent decline.
Recent events, such as the laundering of funds from the Bybit hack through Solana's network and the impending $2 billion FTX asset unlock, have contributed to increased selling pressure on SOL. Analysts suggest that if the price falls below key support levels at $160 and $150, it could trigger further declines toward $135. Conversely, a rebound above $170, supported by strong trading volume, might pave the way for recovery toward the $185 to $190 range.
Looking ahead, various forecasts offer differing perspectives on SOL's future price:
2025: Binance anticipates SOL trading between $241.60 and $529.57.
2026: Projections suggest a range of $223.28 to $384.55, with an average price around $265.90.
2030: Estimates vary, with Binance predicting a range of $275.26 to $479.67, while Changelly offers a more optimistic high of $1,762.
