Main altcoin Solana is at the moment buying and selling across the $205 mark and stays largely within the crimson. SOL is but to snap out of its 5 day shedding streak as its down shut to twenty% within the final two weeks. The sluggish efficiency is testing the endurance of traders because it has topped $275 mid-January. The dip might be a shopping for alternative for traders because the Trump administration is seeking to empower the cryptocurrency market.
The worth reversal is gradual and traders are skeptical about taking an entry place believing that SOL is but to backside out. Can Solana mud itself from the autumn and surge in worth this month delivering income to traders? On this article, we’ll spotlight how excessive or low Solana may commerce this month in February 2025.
Solana Worth Prediction: How Excessive Will SOL Commerce in February 2025?
Main on-chain metrics and worth prediction agency CoinCodex has painted a impartial image for Solana in February 2025. In keeping with the worth prediction, SOL may transfer at a snail’s tempo and ship meager income to traders. The worth prediction estimates that Solana may attain a most excessive of $216 by the tip of the month.
That’s an uptick and return on funding (ROI) of roughly 4.2% from its present worth of $205. Subsequently, an funding of $1,000 may flip into $1,042 if the forecast seems to be correct. Although a 4% return is taken into account good, different digital property may present extra returns. Learn right here to know the way excessive Ripple’s native token XRP may surge within the charts this month.
“Market forecasts for February 2025 recommend that Solana will develop by as a lot as 4.2% establishing a median worth of $ 213 for the month. The anticipated worth fluctuation ranges from $ 202.31 to $ 216. This pattern might supply a possible return of 4.2% in comparison with the present worth,” learn the prediction.
