Solana Price Outlook: $150 Support and $500 Target by 2025
Solana price has dipped 13.5% over the past month to around $145, with intensified selling pressure in futures volume and defensive DEX activity. Key support lies at $145–$147, while resistance sits at $155–$157 and $166. Despite short-term bearish signals, SOL remains in a long-term bullish channel, with critical resistance at $250 and $350. A sustained break above $350 could pave the way to the $500 target by 2025. Traders should monitor Solana price on-chain metrics, futures volume, upcoming protocol upgrades, and broader market sentiment. Risks include network outages, competition from Ethereum rollups and rival blockchains, and macroeconomic headwinds.
Neutral
Short-term bearish indicators from a 13.5% price drop, heavy futures sell volume, and defensive DEX activity suggest caution. However, SOL’s long-term bullish channel and growth drivers—high throughput, low fees, DeFi/NFT expansion, institutional adoption, Layer-2 integrations, and partnerships—support a potential rally toward $500 by 2025. Traders should watch on-chain metrics, volume shifts, protocol upgrades, and market sentiment to navigate both immediate support at $145–$150 and long-term resistance at $350 and beyond.