Solana (SOL) is drawing a lot of attention in the crypto market. After trading around $200 for months, the coin shows signs of a major upward move. Analyst Master Ananda makes a Solana price prediction, suggesting that SOL could rise to $900 - $1,100 in 2025. This optimism comes from strong technical trends, growing institutional interest, and the possibility of a Solana ETF.
Solana has gone through two long consolidation phases. The first ranging phase lasted 280 days during the great SOL rally from $20 to $210 from December 2022. The ongoing phase is 525 days old now, almost twice the previous phase. Such prolonged consolidation stages are often followed by bigger price surges.
Solana has been drifting sideways but with a steady pulse since February 2024. If it follows its previous pattern, a strong rally could be coming soon. Recent data from CoinGlass supports this view. Daily trading volume rose 8.63% to $51.25 billion, and open interest increased 5.43% to $12.54 billion.
Institutional investors have also found the project quite fascinating. In less than four months, Upexi acquired 1.9 million SOL, thus earning the status of the largest Solana treasury holder. The company opted for SOL rather than Bitcoin as it offered an 8% yield, which is more flexible from a corporate strategy perspective.
Technically, Solana is rapidly changing for the better. In July, the network increased block capacity by 20%, thereby increasing compute units per block from 50 million to 60 million. The changes enable Solana to perform and confirm more transactions faster and cheaply.
The optimism is also buoyed by the prospect of a Solana ETF. Such an ETF allows the traditional investor to gain exposure to Solana without the need to hold any crypto wallets themselves, thus giving large funds and pension plans a quick path to invest. Analysts have estimated between $3-6 billion to be churned into SOL if an ETF were ever approved within a year, thus possibly pushing prices even near $1,000.
Currently, Solana's price is around $204, up nearly 20% over the past week. Experts predict it could reach $300–$500 during the next bull run. The ambitious $1,100 target depends on sustained market momentum, positive regulatory news, and strong adoption in DeFi and NFTs.
In short, Solana is showing strong potential. With growing adoption, network improvements, institutional backing, and ETF possibilities, SOL could see a major price surge in 2025.
Also Read – Crypto Prices Today: Bitcoin Holds Above $123K, Ethereum Nears $5K, Altcoins Surge