Solana (SOL) Price Prediction: Will Solana Hit $500 By End 2024?

Last updated:11/21/2024
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On November 21, Bitcoin soared to a new all-time high of over $97K, continuing to maintain its recent bullish momentum. Amid such bull run sentiment, Solana (SOL) followed Bitcoin’s strong momentum, surging by 42% since November amid a recovering cryptocurrency market.

Market enthusiasts now watch closely as Solana eyes a significant milestone, potentially reaching $500 by the end of 2024. In this article, we will make price prediction on Solana (SOL) from 2024 to 2050, analyzing whether Solana (SOL) can hit $500 by the end of 2024.

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Table of Contents

Solana (SOL) Price Analysis

Solana (SOL) Price Prediction

Will Solana Hit $500 By End 2024?

How to Buy Solana (SOL)?

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Solana (SOL) Price Analysis

SOL

SOL
Cryptocurrency Solana
Token SOL
Price $ 235.7120 -0.97%
Rank 4
Market Cap $ 111.9B
24H Trading Volume $ 14.4B
All-time High $ 259.5180
All-time Low $ 0.5037
24 High $ 242.1633
24 Low $ 230.8770
Cycle High $ 248.4280 / 2024-11-18 10:52:07
Cycle Low $ 8.1158 / 2022-12-29 20:40:00
Update Time 2024-11-21 08:31:29

The price of Solana (SOL) has surpassed the bullish threshold of $241, amid a surge in trading volume on the ecosystem’s decentralized exchanges (DEXs) that seems to be fueled by an unrelenting meme coin mania.

By the end of the year, the Layer 1 blockchain Solana has the potential to reach a price of $500, as its superior speed and efficiency compared to competitors such as Ethereum continue to shape its market positioning.

If Solana can hold the break above the crucial $241 level, then the next target for bulls is $291, which is well into price discovery territory – the SOL all-time high is $259.

solana price to $500 by end 2024

It would be a steep climb to hit $500 by the end of the year, but even a shallower ascent would easily capture $350-$400 price range targets.

As of writing the article, Solana is traded at $ 235.7120, boasting a market cap of $ 111.9B, and witnessing a hefty 24-hour trading volume of $ 14.4B. Solana saw a 24-hour price change of -0.97%, with minor fluctuations of -0.32% in the past hour.

The following sets forth the SOL to USD Chart

Solana Price

 

SOL USDT-margined perpetual futures contracts with a leverage of up to 500x are available on BTCC platform. If you are interested, cick the button below to buy SOL⇓

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Solana (SOL) Price Prediction

Solana (SOL) Price Prediction 2024

For Solana (SOL) price prediction for 2024, based on current market conditions, Solana is predicted to be traded between $220 on the lower end and $500 on the high end, with an average trading price expecting to be around $360.

Here are the possible price changes we expect for Solana (SOL) in the next half month:

price prediction days

Date Price Prediction Change
11-21 $ 235.7120 0.00%
11-24 $ 255.6398 8.45%
11-27 $ 255.4749 8.38%
11-30 $ 255.6634 8.46%
12-03 $ 249.2291 5.73%
12-06 $ 254.3671 7.91%

Solana (SOL) Price Prediction 2025

As to Solana (SOL) Price Prediction for 2025, we anticipate SOL’s price rally to persist in 2025, fueled by the same array of factors that have propelled its growth trajectory in 2024. Furthermore, the token’s price surge may intensify as Bitcoin reaches unprecedented heights, prompting an influx of investors, including those previously hesitant in the crypto sphere, to redirect their funds towards digital assets for the very first time.

Therefore,it is projected that Solana (SOL) would reach a maximum price level of $ 337.7748 in 2025. However, under a bearish circumstance, Solana (SOL) is estimated to drop to a potential lowest price level of $ 206.7059 during the year, with an average trading price of $ 313.0545.

Solana (SOL) Price Prediction 2030

In terms of long-term price prediction for 2030 on Solana (SOL), our forecast remain bullish. We expect this cryptocurrency prices to keep rising from 2026-2030 in a virtuous cycle, with communities around tokens like Solana holding onto tokens and driving up prices as demand exceeds supply

Considering this, our predict Solana to see an average price level of $ 380.4115 in 2030. Overall, it is predicted that Solana (SOL) would see a potential low price of $ 230.7093 and a maximum price level of $ 445.5456.ion 2030

Solana (SOL) Price Prediction 2050

As to Solana (SOL)’s price prediction for 2050, Solana (SOL) will likely experience strong volatility in the long run  as it looks to establish itself as a permanent figure in the market. According to our current analysis,  in 2050, Solana (SOL) is predicted to be traded between $ 859.5721 to $ 1703.6892 and the average price of Solana (SOL) should be around $ 1436.7636.

Potential Highs & Lows of Solana (SOL)

Here are our projected highs and lows for Solana (SOL) from 2025 to 2050:

price prediction years

Year Yearly Low Yearly Average Yearly High
2025 $ 206.7059 $ 313.0545 $ 337.7748
2026 $ 163.7238 $ 258.6643 $ 305.8213
2027 $ 165.5681 $ 260.3035 $ 304.3046
2028 $ 257.4737 $ 355.0756 $ 382.4470
2029 $ 294.9167 $ 451.1895 $ 489.3424
2030 $ 230.7093 $ 380.4115 $ 445.5456
2035 $ 298.1099 $ 498.6936 $ 583.3176
2040 $ 633.8018 $ 917.3032 $ 941.7960
2045 $ 747.8188 $ 1170.3094 $ 1343.3699
2050 $ 859.5721 $ 1436.7636 $ 1703.6892

Will Solana Hit $500 By End 2024?

Following the success of Bitcoin and Ethereum ETFs earlier this year, experts foresee Solana as the next potential candidate for SEC approval. The possibility of an SEC green light has sparked growing institutional and retail interest in SOL, further fueling its price momentum. Analysts predict that Solana’s price could reach the $500 mark by the end of 2024.

The trajectory of Solana’s price prediction remains resolutely bullish, with market sentiment suggesting the possibility of unprecedented highs in the near horizon. Should the current upward trends continue, Solana cryptocurrency could aim for the notable $300 mark in the coming months. With strong bullish sentiment, the price of Solana could soar by 110%, potentially reaching an impressive $500 milestone by the end of 2024.

Overall, Solana’s bullish momentum, driven by market optimism, the growth of DeFi, and ETF speculation, positions it for substantial gains. Although $500 remains an ambitious target, sustained demand and favorable conditions could drive SOL toward this milestone by the end of 2024.

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How to Buy Solana (SOL)?

Currently, SOL USDT-margined perpetual futures contracts with a leverage of up to 500x are now available on BTCC platform. The following sets forth the guidance for trading SOL USDT-margined perpetual futures on cryptocurrency exchange BTCC:

Step One: go to the BTCC homepage and log in to your BTCC account. If you do not have an account, you need to register first.

Step Two: on the BTCC official homepage, choose “Deposit”, and then fund your account with your preferred method (Fiat Deposit, Crypto Deposit or Coversion).

Step Three: go back to the BTCC official homepage, choose “Futures” -“USDT-M Perpetual Futures Contract”, and find SOL trading pair.

 

You can also click the button below to enter SOL trading page⇓

Step Four: choose the contract trading order type. Futures contract orders on BTCC include market orders, limit orders and SL/TP orders.

  • Market Order: users place orders at the best price in the current market to achieve fast trading.
  • Limit Order: Limit orders are a type of order to buy or sell futures at a price more favourable than the market price. When you buy at a price lower than the market price or sell at a price higher than the market price, the order will be in the form of a limit order.
  • SL/TP Order: SL/TP orders are a type of order to buy or sell futures at a price less favourable than the market price. When you buy at a price higher than the market price or sell at a price lower than the market price, the order will be in the form of a SL/TP order.

Step Five: adjust the leverage multiple.

Please keep in mind that operating leverage carries the risk of liquidation. Leverage should be adjusted based on your financial status and risk tolerance.

Step Six: choose the lot size and set the SL/TP price .

Step Seven: after setting the basic data information, users can choose to buy (open long) or sell (open short) after entering their ideal price. Traders should remind that the price cannot be higher or lower than the highest buying price or lowest selling price of the platform.

Step Eight: click the buy or sell button, and SOL futures contract order is completed.

That’s all information about Solana (SOL). If you want to know more information about Solana (SOL) and other cryptocurrencies, please visit BTCC Academy.

About BTCC

BTCC, one of the longest-running exchanges in the world, supports crypto copy tradingspot trading, as well as futures trading for 300+ cryptocurrencies with a leverage ranging from 1Χ to 500Χ.  If you want to trade cryptocurrency, you can start by signing up for BTCC.

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