The Solana (SOL) market was left confused with the altcoin’s price changes this year. The asset has exhibited increased volatility throughout the past few months. From recording a new all-time high to recording a massive drop in its price, SOL investors have seen it all. While the market is all set to enter a new month, the community is laying down hopes to pocket notable gains over the next 30 days. Will SOL live up to this, or will it fall short of these expectation?
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Solana Stays Below The $140 Mark
Similar to its counterparts, Solana was recording a drop in its price throughout the past day. At the time of writing, the asset was trading at $137.42. This comes after the altcoin plummeted by 5.12% over the past 24 hours.
The entire community was looking forward to Solana hitting $300 during its January 2025 rally. But the asset did not quite get there. On January 19, 2025, Solana managed to rise all the way to a new peak of $294.33. SOL is currently 53% below this all-time high. The asset has been struggling to reclaim immediate peaks like $150 and $200.
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April 2025 Price Prediction
It looks like Solana will continue trading below the $200 mark for a while. According to data from CoinCodex, the altcoin might rise as much as $148.50 by the beginning of the second quarter of this year. This further represents a 7.92% shift from the asset’s current price. An average price of $142.05 is anticipated as SOL trades between $134.55 on the lower end and $148.50 on the upper end.
The asset could garner a push if the network rolls out new updates. Major partnerships or deals could also act as a catalyst to help boost the price of Solana in the coming month.
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