Solana (SOL) Price Prediction For February 2025 – $500 Next?

Key Takeaways

• Solana price struggles to defend $170 support, keeping Solana’s (SOL) price prediction for February alive.

• Institutions push for Solana (SOL) spot ETF approvals, which could boost the price to $500 and beyond.

• Crypto experts remain optimistic about Solana’s price prediction despite market uncertainty, as the price has maintained a bullish price action.

Solana’s price trading below $200 has come as a major surprise for many traders and investors following its price resurgence to a new all-time high of $290. The price of Solana (SOL) was speculated to rally as high as $350 before the end of January 2025.

This wasn’t the case for the Solana price, which has struggled to show much price action to the upside. Bears continue to gain much dominance on price, looking to take full control of price if Solana bulls fail to hold its price above $170, which acts as key support.

Bitcoin’s price retracement from a high of $107,000 to a low of $90,500 in the past weeks has created much uncertainty in trading in the crypto market. The price of Solana is struggling to hold above $170 despite its growing ecosystem and volume, which has attracted the interest of traders and investors.

However, the general market sentiment for Solana (SOL) price remains optimistic that Solana bulls will defend the price from trading lower than $170 support and a possible price bounce to the upside, which could give room for the price to attempt creating new all-time highs of $350 to $500.

Will Solana’s (SOL) price prediction for February 2025 and beyond hit $500? Is the price of SOL at its current level good enough to buy? Will bulls defend this region and push the price higher? Let us discuss why Solana’s (SOL) price prediction for 2025 looks more realistic with every passing day.

Solana’s Spot ETF Approval Inches Closer

Solana (SOL) remains one of the most speculated crypto assets of 2025. Many hope Solana ETF approval will soon be finalized, boosting its price and driving liquidity into its ecosystem.

With the help of the Solana spot ETF, this will generate much institutional adoption, fueling the Solana price prediction for 2025. The price could hit its speculated $500 mark or beyond, as it would gain much volume, acting as a catalyst for price.

Source – Solana DEX On-chain Volume From Dune Analytics

On-chain data from Solana DEXes shows incredible volume on the Solana ecosystem despite market uncertainty and the price of Solana struggling to hold its price above $200.

Solana (SOL) Price Prediction For February 2025

Source – SOL 1D Price Chart From TradingView

The price of Solana (SOL) is struggling to find uptrend price action following its crash from a high of $295, a new all-time high. With Solana (SOL) trading around $190, the price would consolidate around this region to build strong price volume, followed by a possible price rally to $220, acting as resistance.

If Solana fails to defend its price from trading below its key support of $170, we could see the price of Solana drop lower to a region of $125, which would be tough for bulls to defend as the price will be dominated by sb, looking to influence price to lower price points.

Solana bulls need to defend its price from trading below key support of $170; we could see Solana price prediction for 2025 playing out as crypto analysts remain optimistic on the price of Solana going to a high of $500 and even $1,000 depending on volume, adoption and growing institutional interest on Solana and its ecosystem.

Source