A new rival for Ethereum and Cardano? Solana's team sure seems to think so. Solana claims to have a lightning-fast blockchain, which can handle no less than 60,000 transactions per second.
Those are impressive ambitions, but what about the exchange rate? In this article, we'll look at the projection for the next few years. What are the projections for 2022 until 2025?
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Short-term expectations
Is now a good time to buy Solana? Below we'll give you the short-term projections of Tradingview:
Solana price prediction for the next few years
What do we expect the next few years? Below you can read the long-term projections based on the analysis of PricePrediction.
Solana price prediction 2022
Analysts have great expectations for Solana in 2022. In June, the price will push through the barrier of € 250. SOL will finally close the year at a value of € 281.
What will Solana be worth in 2023?
The next year, SOL will continue to steadily rise, according to analysts. The final score? A little over € 420.
Solana forecast between 2024 and 2025
Will it break down the psychological barrier of € 500? Aye, analysts expect this to be a possibility in 2024. But it won't stop there. The cryptocurrency is expected to close 2025 at a value of € 938.
What are the expectations of Solana in 2030?
According to analysts, that is hardly Solana's all-time high. Five years later, the exchange rate will increase five-fold, to about € 5,500.
Year | June | December | % compared to the start of 2021 |
2022 | € 281 | 21.751% | |
2023 | € 379 | € 421 | 32.545% |
2024 | € 554 | € 573 | 44.336% |
2025 | € 801 | € 938 | 72.644% |
2026 | € 1.130 | € 1.350 | 104.557% |
2027 | € 1.564 | € 1.831 | 141.868% |
2028 | € 2.317 | € 2.588 | 200.544% |
2029 | € 3.334 | € 3.857 | 298.894% |
2030 | € 4.752 | € 5.509 | 426.988% |
Historical price analysis of Solana
What has happened to Solana's exchange rate over the years? We give you an overview.
2020
The idea behind Solana already existed in 2017, but the cryptocurrency was only launched in 2020 after several investment rounds. On 11 April 2020, SOL was worth € 0.71. Until June, the exchange rate oscillated between €0.70 and € 0.75.
But things can go very quickly on the crypto market, and Solana is no exception. On 5 July, SOL was worth no more than € 0.61. Fast-forward to the end of August, and it had climbed to € 4. An increase of more than 500 per cent!
In retrospect, that was the time to sell in 2020, because from then on, things went downhill. The exchange rate plummeted to less than € 1 around Christmas. A nice Christmas gift, as 2021 would show.
Will Solana rise in 2022 - 2025 ?
Prefer to watch a video? Check the projections for Stellar for the next few years here.
Invest wisely
Solana is a promising coin, but be mindful that the crypto market is very volatile. That's why you should never invest more than you're prepared to lose. We also recommend you do your own research as well. You can read Solana news to always stay updated, for instance. Good luck!