Bullish SOL price prediction for 2024 is $125.33 to $187.76.. Solana (SOL) price might reach $150 soon.. Bearish SOL price prediction for 2024 is $47.79.. In this Solana (SOL) price prediction 2024, 2025, 2026-2030, we will analyze the price patterns of SOL by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.. TABLE OF CONTENTS. INTRODUCTION. Solana (SOL) Current Market Status. What is Solana (SOL)?. Solana (SOL) 24H Technicals. SOLANA (SOL) PRICE PREDICTION 2024. Solana (SOL) Support and Resistance Levels. Solana (SOL) Price Prediction 2024 — RVOL, MA & RSI. Solana (SOL) Price Prediction 2024 — ADX, RVI. Comparison of SOL with BTC, ETH. SOLANA (SOL) PRICE PREDICTION 2025, 2026-2030. CONCLUSION. FAQ. Current Price $115. 24 – Hour Trading Volume $3,032,974,647. Market Cap $49,924,237,115. Circulating Supply 440,402,073 SOL. All – Time Low $0.5052 (On May 11, 2020). SOL Current Market Status (Source: CoinMarketCap). TICKERSOL. BLOCKCHAINSolana. CATEGORYEthereum Scaling Solution. LAUNCHED ONMarch 2020. UTILITIESGovernance, security, gas fees & rewards. Solana (SOL), a cryptocurrency coin, operates on its own scalable blockchain, enabling faster transaction speeds, and was introduced in March 2020. By combining proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms, Solana enhances scalability and facilitates the creation of decentralized applications (DApps). In addition, With its hybrid model, Solana can validate blocks efficiently and provide accurate timestamps.. Further, Solana has also made significant strides in revolutionizing the NFT marketplace. Solana-based NFTs are gaining traction and are increasingly becoming a preferred choice over Ethereum-based NFTs.. (Source: TradingView). Solana (SOL) ranks 5th on CoinMarketCap in terms of its market capitalization. The overview of the Solana price prediction for 2024 is explained below with a daily time frame.. SOL/USDT Rounding Bottom Pattern (Source: TradingView). In the above chart, Solana (SOL) laid out the Rounding Bottom pattern. The Rounding Bottom, signifies a long-term reversal in price trends, typically observed after extended downward movements lasting weeks to months. Distinguished from the cup and handle pattern, the rounding bottom lacks a temporary downward handle. Its initial slope indicates excess supply, pushing prices down, but a shift occurs as buyers enter at lower prices, boosting demand. Once the rounding bottom forms, a breakout signals a new upward trend, suggesting a positive market reversal and a shift from bearish to bullish sentiment.. At the time of analysis, the price of Solana (SOL) was recorded at $115.37. If the pattern trend continues, then the price of SOL might reach the resistance level of $122.53, and $191.33. If the trend reverses, then the price of SOL may fall to the support of $93.11 and $79.32.. The chart given below elucidates the possible resistance and support levels of Solana (SOL) in 2024.. SOL/USDT Resistance and Support Levels (Source: TradingView). From the above chart, we can analyze and identify the following as resistance and support levels of Solana (SOL) for 2024.. Resistance Level 1$125.33. Resistance Level 2$187.76. Support Level 1$79.20. Support Level 2$47.79. SOL Resistance & Support Levels. The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Solana (SOL) are shown in the chart below.. SOL/USDT RVOL, MA, RSI (Source: TradingView). From the readings on the chart above, we can make the following inferences regarding the current Solana (SOL) market in 2024.. INDICATORPURPOSEREADINGINFERENCE. 50-Day Moving Average (50MA)Nature of the current trend by comparing the average price over 50 days50 MA = 100.10Price = $115.64(50MA < Price)Bullish/ Uptrend. Relative Strength Index (RSI)Magnitude of price change;Analyzing oversold & overbought conditions68.0170 = OverboughtNearly Overbought. Relative Volume (RVOL)Asset’s trading volume in relation to its recent average volumesBelow cutoff lineWeak volume. In the below chart, we analyze the strength and volatility of Solana (SOL) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).. SOL/USDT ADX, RVI (Source: TradingView). From the readings on the chart above, we can make the following inferences regarding the price momentum of Solana (SOL).. INDICATORPURPOSEREADINGINFERENCE. Average Directional Index (ADX)Strength of the trend momentum13.82Weak Trend. Relative Volatility Index (RVI)Volatility over a specific period65.11. 50 = High. High volatility. Let us now compare the price movements of Solana (SOL) with that of Bitcoin (BTC), and Ethereum (ETH).. BTC Vs ETH Vs SOL Price Comparison (Source: TradingView). From the above chart, we can interpret that the price action of SOL is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of SOL also increases or decreases respectively.. With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Solana (SOL) between 2025, 2026, 2027, 2028, 2029 and 2030.. Year Bullish Price Bearish Price. Solana (SOL) Price Prediction 2025$180$40. Solana (SOL) Price Prediction 2026$215$55. Solana (SOL) Price Prediction 2027$220$70. Solana (SOL) Price Prediction 2028$230$85. Solana (SOL) Price Prediction 2029$240$90. Solana (SOL) Price Prediction 2030$250$110. If Solana (SOL) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Solana (SOL) price prediction for 2024 is $187.76. Comparatively, if unfavorable sentiment is triggered, the bearish Solana (SOL) price prediction for 2024 is $47.79.. If the market momentum and investors’ sentiment positively elevate, then Solana (SOL) might hit $150. Furthermore, with future upgrades and advancements in the Solana ecosystem, SOL might surpass its current all-time high (ATH) of $260.06 and mark its new ATH.. Solana (SOL) is the native crypto coin of Solana. Solana runs on a scalable blockchain that runs with a hybrid consensus model that integrates proof-of-stake (PoS) and proof-of-history (PoH). SOL was launched in March 2020.. Solana (SOL) has been listed on many crypto exchanges which include Binance, OKX, Bybit, Bitunix, and CoinTR Pro.. With the ongoing developments and upgrades within the Solana Platform, SOL has a high possibility of reaching its ATH soon.. On November 06, 2021, SOL reached its new all-time high (ATH) of $260.06.. According to CoinMarketCap, SOL hit its all-time low (ATL) of $0.5052 on May 11, 2020.. If Solana (SOL) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $150 soon.. Solana (SOL) price is expected to reach $180 by 2025.. Solana (SOL) price is expected to reach $215 by 2026.. Solana (SOL) price is expected to reach $220 by 2027.. Solana (SOL) price is expected to reach $230 by 2028.. Top Crypto Predictions. Bitcoin Cash (BCH) Price Prediction. Aptos (APT) Price Prediction. Beam (BEAM) Price Prediction. Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.. share