Solana, SOL could hit $181.47 in 2024Solana’s price prediction for the most bearish scenario will value SOL at $107.73 in 2024.Solana’s price prediction for the most bullish scenario will value SOL at $181.47 in 2024Solana’s previous All Time High was on 7 November 2021 where SOL was priced at $259.96.
Solana’s price at the same time last week was $135.54. It has moved by 1.45 % in the past week and is currently at $134.66. Infact, in the past 24 hours, SOL has pumped by 3.24 %. There is a slight bullish sentiment in the crypto market. The long term sentiment, however, remains bullish and SOL could hit $213.00 in 2025.
The total circulating supply of Solana as of writing this article was $468367616.52 and the marketcap of SOL remains at $63,071,598,388. Solana price in the longer term is expected to reach a high of $621.20 in 2035.

SOL price prediction: Key highlights
 
1. Primary support and resistance levels
Within the weekly chart, the lowest support was at $19.$250 can be expected as the highest resistance.
2. Market sentiment
The market is seen to be slightly bearish in September 2024.  
3. Predictive forecasts
According to the AI/ML prediction algorithms, SOL can trade at an average price of around $400 by 2030 and $800 by 2035.
Get deep insights on SOL via a comprehensive weekly technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models: 
 
SOL technical analysis: Market remains uncertain about future direction 

 
SOL distinguished itself in 2023 and garnered considerable attention from investors this year. There is widespread anticipation that SOL will continue to achieve new peaks, rendering the Solana price prediction in 2024 especially significant.
 
The initial period was detrimental to SOL’s value as it dropped below the lowest yearly support of $19. This unstable period paved the way for a significant reversal by the end of September when the coin began its upward trajectory.
 
The momentum peaked with a robust pump in mid-December, pushing the price above $88. Subsequently, it challenged the $122 level but faced rejection due to market exhaustion from intense buying activity.
 
By the onset of 2024, SOL revisited the $88 mark. In January, the price briefly dipped below the pivotal $88 and $90 zones, only to regain strength as the month concluded. Consecutive bullish candles from late February propelled the coin to the peak resistance of $204 in mid-March.
 
Nonetheless, April witnessed a rejection after a prolonged standoff. A broader market downturn drove the price to $122. A gradual accumulation of buying pressure from late month culminated in the asset reclaiming $161 in late May to test $187.
 
However, this triggered sell-offs. In addition, a prominent presence of red candles until mid-June erased the previous gains as $122 held off declines later in the month. After briefly stabilizing, the coin retested the previous resistance in mid-July. Once again, it rebuffed bulls.
 
By early August, the price returned to its six-month support of $122. While Brazil's approval of the SOL exchange-traded fund (ETF) garnered substantial hype, it wasn’t until the latter half of the month that the price rallied to challenge $161. 
 
This recovery mirrored that of the broader market. Furthermore, Brazil approved a second SOL ETF. Regardless, the price saw another decline. The decline in memecoin hype and, thereby, the network adoption and activity were significant contributors to investor pessimism. In addition, the removal of U.S. spot SOL ETF filings further dented sentiment. At press time, SOL’s trading price was $129.
 
A recent report by AMBCrypto highlighted that SOL was nearing the end of a six-month bear pennant in the higher time frame. The price would likely consolidate for the next four to six weeks.
 
Meanwhile, the range between $122 and $187 remained intact, with the lower limit yet to be breached. However, the pattern signaled that the price might head south to $110 after breaking it. 
 
While SOL nears its current support, a rebound isn’t unlikely. Liquidation levels at $140 and $150 could drive prices higher in the short term, particularly if Bitcoin (BTC) begins its liquidity run soon.
 
Another analysis by AMBCrypto revealed a shorter-time-frame descending triangle, which could drive SOL to bullish or bearish targets at $112 and $155, respectively. Moreover, a decline to the $88 mark could attract substantial liquidity for a price increase.
 
Nonetheless, the historical cycle anticipates that SOL will trend higher. Moreover, a bullish divergence in the daily chart supported this outlook. Given Binance's upcoming launch of the Solana staking service, the coin can likely maintain a long-term bullish outlook.
 
It could enable buyers to retest and overcome the $161 zone. If the buying momentum persists, SOL could flip $187 and approach its peak chart barrier in the short-to-medium term. A breakout over the highest yearly resistance would indicate a strong uptrend. 
 
Moreover, achieving the all-time high (ATH) would mark the next major milestone. However, the $250 mark may also present a significant obstacle to upward movement. 
 
Our advanced predictive analytics indicate a modest rise in SOL’s value. These models suggest a continuous upward trajectory, predicting an average price close to $400 by 2030. The projections become more optimistic by 2035, with an expected average trading price of $800.
SOL's 2024 roadmap: Key indicators to watch and trade
The trading volume mirrored SOL’s price movements, significantly increasing during market rallies. However, the subsequent downturn led to decreased volume, signaling a more cautious approach among traders.The Chaikin Money Flow (CMF) remained above the zero line for the entire year, albeit with a temporary drop in September 2024. It ended the period at 0.01, suggesting weak accumulation.The Moving Average Convergence Divergence (MACD) and signal line started below the zero line, with the former leading from late September. Their ascent culminated in the lines turning positive in the second half of October.However, by April, the MACD line declined, marking a bearish crossover later in the month. The latest values were the histogram at -5.74, the MACD line at 2.73, and the signal line at 8.46. This indicated a growing downward pressure.

Solana Price Prediction
Solana has had an eventful 2023. To simplify the latest SOL price prediction, we have divided up the prediction by short term Solana price prediction and long term Solana price prediction. As of writing this article, SOL had a trading volume of 2,979,816,449. Solana has gone down by -6.32% in the past 30 days.
According to our analysis in the short term, Solana price prediction for November 2024 shows the average price of SOL at 147.67 and the highest possible price for November 2024 would be $158.01.
Further, according to our analysis in the long term, Solana price prediction for March 2025 shows the average price of SOL at 155.60 and the highest possible price for March 2025 would be $166.50.

Solana price prediction 19 September 2024: Solana's price for 19 September 2024 according to our analysis should range between $121.38 to $139.66 and the average price of SOL should be around $130.52.
Solana price prediction 20 September 2024: Solana's price for 20 September 2024 according to our analysis should range between $121.97 to $140.33 and the average price of SOL should be around $131.15.
Solana price prediction 21 September 2024: Solana's price for 21 September 2024 according to our analysis should range between $122.48 to $140.92 and the average price of SOL should be around $131.70.
Solana price prediction 22 September 2024: Solana's price for 22 September 2024 according to our analysis should range between $123.07 to $141.60 and the average price of SOL should be around $132.34.
Solana price prediction 27 September 2024: Solana's price for 27 September 2024 according to our analysis should range between $125.85 to $144.79 and the average price of SOL should be around $135.32.
Solana price prediction 2 October 2024: Solana's price for 2 October 2024 according to our analysis should range between $128.63 to $147.99 and the average price of SOL should be around $138.31.
Solana price prediction 12 October 2024: Solana's price for 12 October 2024 according to our analysis should range between $134.22 to $154.43 and the average price of SOL should be around $144.32.
Solana price prediction November 2024: Solana's price for November 2024 according to our analysis should range between $137.34 to $158.01 and the average price of SOL should be around $147.67.
Solana price prediction December 2024: Solana's price for December 2024 according to our analysis should range between $138.99 to $159.91 and the average price of SOL should be around $149.45.

Solana's Long Term Price Prediction
Solana’s long term Price Prediction below is a look at SOL’s future prospect with regards to price. Solana was last seen at $134.66, with a market cap of $63,071,598,388 and trading volumes of $2,979,816,449. SOL’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

Solana price prediction 2024: Solana's price for 2024 according to our analysis should range between $120.98 to $181.47 and the average price of SOL should be around $151.22.
Solana price prediction 2025: Solana's price for 2025 according to our analysis should range between $142.00 to $213.00 and the average price of SOL should be around $177.50.
Solana price prediction 2026: Solana's price for 2026 according to our analysis should range between $147.91 to $221.87 and the average price of SOL should be around $184.89.
Solana price prediction 2027: Solana's price for 2027 according to our analysis should range between $170.91 to $256.36 and the average price of SOL should be around $213.63.
Solana price prediction 2028: Solana's price for 2028 according to our analysis should range between $232.43 to $348.64 and the average price of SOL should be around $290.53.
Solana price prediction 2029: Solana's price for 2029 according to our analysis should range between $229.89 to $344.84 and the average price of SOL should be around $287.37.
Solana price prediction 2030: Solana's price for 2030 according to our analysis should range between $257.16 to $385.73 and the average price of SOL should be around $321.44.
Solana price prediction 2031: Solana's price for 2031 according to our analysis should range between $366.39 to $549.58 and the average price of SOL should be around $457.98.
Solana price prediction 2032: Solana's price for 2032 according to our analysis should range between $299.37 to $449.05 and the average price of SOL should be around $374.21.
Solana price prediction 2033: Solana's price for 2033 according to our analysis should range between $344.89 to $517.33 and the average price of SOL should be around $431.11.
Solana price prediction 2034: Solana's price for 2034 according to our analysis should range between $459.61 to $689.42 and the average price of SOL should be around $574.52.
Solana price prediction 2035: Solana's price for 2035 according to our analysis should range between $414.13 to $621.20 and the average price of SOL should be around $517.67.

#SOl #Solana $SOL

Date: Sat, Sept 21, 2024, 06:50 AM GMT

In recent weeks, the Sui Network $SUI , a rising Layer-1 blockchain, has grabbed the attention of the crypto market by surging over 74% in the last 30 days. This remarkable growth in the Layer-1 narrative has outshined even Solana's $SOL , the top Layer-1 contender, which has only recorded a modest 3% gain during the same period.

Source: Coinmarketcap

Crypto trader ToreroRomero took to the X platform to draw comparisons between SUI and Solana, suggesting that Sui is following a path similar to Solana’s famous 2021 bull run. His technical analysis points out that SUI’s price movement mirrors Solana’s rally in late 2020 when SOL skyrocketed from around $1 to over $10. Based on this pattern, he predicts that SUI could potentially rise above $4 in the coming months, echoing Solana's explosive growth.

Credits: ToreroRomero
Adding fuel to this speculation, IBC Group’s official X account shared that the Sui Network appears poised to challenge Solana in the Layer-1 space, bringing a competitive edge with its advanced technology. K33 Research further highlighted that SUI has skyrocketed by 115% since August, while Solana’s gains remain limited at 6%.
From a technical perspective, Sui boasts an impressive capability of processing up to 297,000 transactions per second, dwarfing Solana's already substantial 65,000 transactions per second. However, there’s one factor that may introduce volatility—only 27% of Sui’s total token supply is currently circulating. This means future token unlocks could lead to price swings, so investors should keep an eye on SUI’s supply dynamics.
As SUI continues its upward trajectory, the question remains—will it replicate Solana’s 2021 success, or will new challenges arise? Only time will tell if this promising Layer-1 project can maintain its momentum and truly compete with the likes of Solana.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before
#SUI🔥 #Solana

Market analysts have projected that Solana could reach significant price targets, with some predicting it may hit $500 and even $1,000.
At the time of press, the Solana (SOL) is trading at $150, showing an 8% rally in the last 24 hours and a 12% increase over the past month. These figures are relatively low in light of the positive forecasts and expectations surrounding the asset’s future performance.
Many analysts expect that Solana will experience substantial growth during the next bull market. Among the most optimistic predictions are those suggesting that the token will reach $500 and eventually $1,000.
Path to $500 Solana (SOL) Price
One prominent analyst, Joji, has forecasted that the asset could reach $500 soon. Joji has identified what he believes is an imminent price breakout for the token, which could see it increase by 379%. His analysis is based on the current accumulation phase in the token’s historical price data.
Joji pointed to Solana’s 884% price increase during a similar phase in the 2021 bull market and believes a similar surge could happen again. While Joji did not specify an exact timeline for this price movement, his analysis indicates that the breakout could occur before the end of the year. In 2021, Solana’s price rose from a similar accumulation phase in August to its all-time high of $260 in November.
Supporting Joji’s prediction, another analyst known as Crypto Anglio has also expressed confidence that the asset will reach $500 soon. Anglio shared strong bullish sentiment surrounding the Solana network, driven by its popularity among memecoin and non-fungible token (NFT) enthusiasts.
Earlier this year, the network gained attention during a memecoin craze, with Launchpad Pump.Fun is at the forefront. The network also recorded the highest number of daily active addresses in blockchain history, with 5.5 million users as of September 10. Anglio believes this growing network activity will significantly contribute to the price increase, pushing it to the $500 mark sooner than expected.
Prospects for Reaching $1,000
In addition to these projections, some analysts have made even more optimistic forecasts, suggesting that the asset could reach $1,000 by 2025. Ali Martinez has highlighted the breakout from a bullish pennant on the token’s weekly chart as a potential driver of this price target.
Similarly, YouTube crypto analyst DustyBC Crypto has speculated that the asset could hit $1,000 by June 2025. RollBit partner, Borovik, has also projected that the asset may reach this milestone by the end of 2024.
AI Predictions For Solana (SOL)
Grok, an AI chatbot, forecasts Solana’s (SOL) future prices, predicting it could test the $500 level by the end of 2024 if bullish trends continue, or by January 2025 if momentum slows, potentially reaching $515 under sustained bullish conditions. Looking further ahead, Grok forecasts it could reach $1,000 by the end of 2025 or early 2026.
These predictions are based on both fundamental and technical analyses, indicating strong potential for long-term growth, building on the token’s already impressive year-over-year growth of over 590% from its price of $19.65 on September 17, 2023.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#SOL #Solana

The #Solana S network has successfully launched its Frankendancer upgrade on the mainnet, leading to a 9% increase in SOL’s price over the past 24 hours. This upgrade, which integrates features of the Firedancer validator client, was demonstrated live by Jump #crypto at the ongoing 2024 Solana Breakpoint conference. The upgrade has boosted optimism in the market, contributing to SOL’s recent price surge.
Frankendancer Upgrade Goes Live
During the Solana Breakpoint conference, Jump Crypto showcased the Frankendancer upgrade live on the mainnet. Github data also supports that the network upgrade is ready for widespread adoption by validators. The Frankendancer represents a key phase in the Firedancer integration, which aims to rewrite the core functional components of the Solana Labs client.
This upgrade is designed to optimize each layer of the network for peak performance, allowing validator clients to operate at full efficiency. In addition to improving Solana’s bandwidth and hardware scalability, the upgrade seeks to document and standardize the Solana protocol. The ultimate goal is to simplify the process of creating a validator, eliminating the need for developers to delve into the complex Rust validator code.
The Frankendancer upgrade also enhances validator client diversity, which is expected to improve overall network performance. This development follows the recent launch of ZK Compression on Solana’s mainnet. Meanwhile, Jump Crypto’s Chief Science Officer, Kevin Bowers, confirmed during the conference that Firedancer, the full validator client, is running on the testnet, though no specific timeline was given for its mainnet launch.
SOL Price Surges 9%, Reaches Above $150
Following the announcement of the Frankendancer upgrade, SOL’s price saw a 9% increase, pushing it above $150. Trading volume also saw a notable increase of over 8%, with more than $3 million traded in the past 24 hours. This positive momentum reinforces SOL’s bullish outlook, positioning it as one of the top gainers during the broader crypto market recovery.
Franklin Templeton, a major asset manager, previously emphasized that the Firedancer upgrade would address Solana’s network challenges, including past downtime. They believe SOL has the potential to join the ranks of top-tier cryptocurrencies alongside #Bitcoin and #ethereum . Currently, SOL is ranked as the fifth-largest cryptocurrency by market capitalization.