In recent weeks, Solana has drawn attention with worsening losses. This was due to the project’s entanglement with deposed former FTX CEO Sam Bankmann-Fried. But in 2021, the cryptocurrency has gained many fans and investors are hoping for a prosperous future. What is Solana’s prediction for 2025?
In this article, we want to discuss Solana’s predictions until 2025 and see if the SOL token can rise even more strongly in the future.
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How has the price of Solana evolved in recent days?
Solana’s SOL token price has seen bigger losses in the last 2 weeks. In late October and early November, we again saw it drop from $28 to $37 on November 5th. After that, however, crypto exchange FTX imploded, triggering a stock market crash. SOL fell below $13 within days.
In a short time, Solana lost more than 60% of its value. After a brief recovery to $17, Solana’s price has been declining slightly but steadily in recent days. More recently, the value of the SOL token was only $11. The Solana forecast looks rather pessimistic for the end of the year.
What were the reasons for the massive losses at Solana?
Almost all cryptocurrencies were massively lost due to FTX crash. Losses were around 25% for bitcoin and over 30% for most altcoins. However, some pieces suffered much heavier losses. This also included Solana’s SOL token.
The Solana project had ties to FTX and Alameda Research, both founded by Sam Bankmann-Fried. As a result of this connection, trust in the project dropped dramatically. Even before the FTX disaster, some people warned Solana and considered the project extremely high risk. Additionally, we have seen more frequent performance issues due to network overload during the bull market.
What is Solana’s prediction for 2025?
The massive losses of recent weeks have raised serious doubts about Solana and her future. The project is experiencing its first major price crisis. Because despite the performance issues in 2021, the SOL course has grown due to a lot of hype about scalability. But now the fear of an implosion of the project prevails.
With the Solana forecast, we must not forget that the Solana blockchain already has an extremely large number of applications. Solana is the #2 NFT behind the Ethereum blockchain. Use cases have also increased in the DeFi space in 2022. As such, we cannot yet delist Solana due to a crisis. Over the next few years to 2025, the price of Solana could definitely increase.
How high can the price of Solana rise in our forecast?
In the next 2-3 years we should see a much more bullish market again. The first year of a bear market is always the worst for investors. But even in the last crypto cycle, prices still rose more sharply in 2019, the second year of the bear market. If the 4-year cycle is confirmed, we see the peak of the bull market coming in 2025.
Solana’s price could therefore increase further by a factor of 30 to 50 at the top of the next bull market. However, we need to know where the bottom of the current bear market is. If the price stabilizes at a low of $10, the price of Solana might revisit the $500 level. We therefore assume a Solana forecast for 2025 between $150 and $500 at the top.
Is it worth investing in the SOL token now?
The SOL token has lost a lot of value over the past few weeks. Trust in Solana is low. Nevertheless, we assume that our Solana predictions for 2025 can come true if Solana pursues its development seriously and succeeds.
Ultimately, there is a big risk with Solana. Nevertheless, the possible profit is very high, especially after this crash. Anyone who wants to invest in Solana in addition to the “safe” coins carries a higher risk, but can also earn a lot. At the moment, the price of the SOL token is very low.
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