Solana’s Price Dynamics and Future Outlook

As of April 4, 2025, Solana’s (SOL) price movements and technological advancements continue to captivate the cryptocurrency market.

Solana (SOL) Price Prediction for April 3

Currently, Solana (SOL) is trading at $115.84, showing an 8.03% decrease over the last 24 hours and a 15.42% decline over the past 30 days. Despite these declines, Solana’s underlying technology—characterized by fast transaction speeds and low fees—remains a fundamental driver of investor interest. On the daily chart, SOL is currently trading near its 50-day moving average, which appears to be acting as a dynamic support level.

Solana Slips Under $130 Amid Broader Market Decline

Solana (SOL) fell by 8% to $115 on Thursday due to former President Donald Trump’s tariff announcement impacting the broader crypto market. SOL is among the weakest performers in the top 10 cryptocurrencies with a year-to-date loss of 39.3%. The so-called meme coin winter has affected Solana’s token prices and on-chain activity, with daily transactions and daily active addresses declining sharply. Despite this, the Solana network’s ecosystem has expanded, although specific details on this expansion were not provided in the news.

Solana (SOL) Tanks 10% as Bears Tighten Grip: What’s Next?

Technical signals show sellers firmly in control of Solana (SOL), with the price hitting a yearly low. The Ichimoku Cloud chart is flashing strong bearish signals, with the price breaking below key support levels. The red cloud projected forward is thick and sloping downward, indicating expected bearish pressure.

Solana Extends Decline Amid Upcoming $200 Million Unlocks

Solana stretched its decline on Friday due to President Trump’s tariff announcement and the unlocking of $200 million worth of staked SOL from four whale wallets. Additionally, the SEC acknowledged Fidelity’s filing to launch a Solana exchange-traded fund (ETF). The Layer 1 token trades around $115 at press time, down more than 3% on the day.