Solana SOL Up 13% This Week, When Can It Reach $250?

Solana’s native SOL cryptocurrency not too long ago surpassed $200, using a 13% surge within the final week. Following vital correction in the previous couple of days, the altcoin is on the rise, with value predictions receiving revisions.

The cryptocurrency market has confronted two substantial corrections over the past month, together with SOL. In December 2024, the market dipped following the rise in US inflation figures to 2.7%. Nevertheless, with Donald Trump incoming as the following US president, the crypto market is rallying. His looming presidency additionally brings anticipated crypto regulation, significantly better than earlier administrations. Thus, crypto consultants count on the business to blow even additional in 2025.

The altcoin market is majority up at press time, and choose cash which are targets of potential ETFs are particularly rising. XRP and Solana lead this pack, as each not too long ago breached $200 and $3, respectively.

Also Read: Solana (SOL), Cardano (ADA) and Ripple (XRP) Price Forecast For January 20

How Excessive Can Solana SOL Go?

Per CoinCodex, Solana is on the verge of hitting a brand new excessive of $230. As of now, Solana is at present sitting at $212, up 5% within the final 24 hours. The 12 months 2024 was been significantly profitable for the token, given the truth that Solana has been the go-to alternative for central meme coin launches and exercise. Now, SOL could quickly hit $232 by the tip of January or the primary/second week of February, opening the door to an enormous 12 months.

Trying later into 2025, SOL might be on its solution to $250 and even breach its $263 all-time excessive. In accordance with Changelly, SOL may reclaim its $263 peak in April 2026. The platform anticipates the asset to commerce at a possible most value of $264.56 in April 2026. This Spring is anticipated by many crypto consultants as the following “altcoin season.” Following US inauguration day on January 20, the altcoin season may start sooner and peak in April.

Also Read: VeChain (VET) Predicted To Hit $0.10: Here’s When

Moreover, some analysts revealed that SOL may reach $500 by this Summer season. Whereas a number of believed that the asset would most positively hit this value degree in 2025, just a few others remained skeptical.