Solana News: SOL Price Surges Amid Anticipation of CME Futures Launch and Analyst Predictions of $3,000

Solana News: SOL Price Skyrockets, Analysts Predict $3,000 Soon!

Solana (SOL) is showing signs of recovery after a weekly decline. Today, SOL has surged by 5.76%, trading at $132.88 with a market cap of $67.73 billion and a 24-hour trading volume of $3.23 billion. The upcoming launch of Solana Futures by the Chicago Mercantile Exchange (CME) on March 17 is a significant milestone, paving the way for Solana ETF news and boosting investor confidence.

Solana Surges by 8.59% on 15th March, $SOL Price Analysis

The price of Solana ($SOL) has increased by 8.59% over the past twenty-four hours, currently trading at $135.14. This bullish momentum indicates potential for massive growth in the near term, possibly reaching the $148 mark. The market cap of $SOL is $68,654,502,516.35, with a 24-hour volume of $3,176,380,663.43. The cumulative and circulating supply are 596,188,716.75 $SOL and 509,706,583.18 $SOL respectively.

Solana: Why SOL May Be The Best Crypto to Buy in 2025

The digital asset market struggled in the first quarter of 2025, but some assets like Solana (SOL) have surging potential. SOL is emerging ahead of Ethereum (ETH) as the best crypto to buy in 2025. ETH has long been the second-largest cryptocurrency by market cap, but the rapid growth of Solana raises questions about its supremacy. Solana was viewed as one of the most promising crypto investments entering 2025.

DEX Volumes Drop 60%, Hitting Solana Hardest

Decentralized exchange (DEX) trading volumes across top chains have declined 60% from January highs, with Solana [SOL] being hit the hardest. In January, DEX volumes peaked at $457.5 billion but dipped below $300B by the end of February and were at $100B as of mid-March. Solana’s top platforms like Raydium, Meteora, and Orca drove most of the January DEX volumes, especially following the launch of meme-coins TRUMP and MELANIA. However, the memecoins cooled off significantly in January. Markets are now focused on next week’s Fed meeting for potential catalysts.