Solana’s Price Prediction Divide: Bears vs Bulls in April 2025
As the cryptocurrency market continues to fluctuate, investors and analysts are divided on the future of Solana’s price. Will SOL token reach new heights or face further declines? Let’s delve into the details.
Solana Price Prediction in April 2025: Bears vs Bulls
Solana’s price action is dividing opinion among investors and analysts. Some predict the SOL token will reach $200, while others foresee a drop to $80. Currently ranked 6th with a market cap of $60.95 billion, Solana has seen a 60% drop from its January 2025 high of $293.31 and is now trading at $118.92 in a continuous downtrend.
3 Price Levels to Watch For Solana Price Recovery
The recent market downturn has pushed altcoin prices, including Solana (SOL), to yearly lows. SOL was trading at $115, down over 10% at press time. Despite this, analysts remain hopeful of a mid-short term reversal. Before the price drop, SOL tested a crucial resistance at $135. Analyst Ali Martinez predicted that breaking this level could trigger a rally. However, SOL and other altcoins followed BTC’s downtrend. Increasing active addresses and futures interest are strengthening SOL’s bullish momentum. If SOL crosses $120, it may rise toward $165.
Solana Price Retests 12-Month Support Despite TVL Making Historic High
Solana price action has been heavily hit by the latest bearish market conditions, sliding by as much as 24% from Tuesday last week and dropping as low as $112.24 in the last 24 hours. This resulted in a retest of SOL’s 12-month support within the $112 price level, which it had managed to stay above over the last few months. Despite this, some aspects of the Solana network have remained intact and even delivered an inverse performance relative to price action.
Solana Price Prediction for April 2025
The dust for the U.S. reciprocal tariffs imposed on more than 100 nations has begun to settle. Bitcoin (BTC) price held above $82k, as the wider altcoin market, led by Solana (SOL), attempts a bullish recovery, following the maximum pain experienced since the Donald Trump administration took office. Solana, a large-cap altcoin, with a fully diluted valuation of about $68 billion and a 24-hour average trading volume of around $4 billion, has dropped around 4 percent in the past 24 hours to trade about $115 on Friday, during the early Asia session. The Solana network will be recording its largest single-day unlock of around $200 million in the recent past and also until 2028 on April 4, 2025.
