The Solana (SOL) market has remained confused with changes in Altcoin prices this year. The asset has shown an increase in volatility over the past few months. From the new record of all time to the huge drop in prices, Sol investors have seen it all. The market is all set to enter a new month, but the community is hoping to pocket notable profits over the next 30 days. Will Sol live up to this or have not met these expectations?
Solana remains under $140
Like her counterpart, Solana had been recording prices declines throughout the past day. At the time of writing, the assets were trading at $137.42. This comes after Altcoin plunged 5.12% in the last 24 hours.
The entire community was looking forward to Solana hitting $300 at the January 2025 rally. However, the assets were not fully reached. On January 19, 2025, Solana managed to rise to a new peak of $294.33. Sol is currently 53% below this all-time high. The asset is struggling to regain immediate peaks like $150 and $200.
April 2025 Price forecast
Solana appears to have been trading under $200 for a while. According to Concodex data, Altcoin could rise by $148.50 by the beginning of the second quarter of this year. This further represents a 7.92% shift from the current price of the asset. The Sol Trade is between $134.55 at the bottom and $148.50 at the top, with an average price of $142.05.
Assets can earn a push when the network deploys new updates. Key partnerships and deals could also serve as catalysts to help raise Solana prices next month.
(TagStoTranslate) Crypto(T) Cryptocurrency(T) Sol(T) Solana