Solana Price Outlook: Potential Decline to $50 Amid Market Uncertainties

In the ever-volatile world of cryptocurrencies, predictions about future price movements are often subject to numerous factors, including market sentiment, regulatory changes, and technological advancements. This article delves into the current state and future prospects of Solana’s SOL token, analyzing the latest trends and expert opinions to provide insights into what investors can expect in the coming months.

Solana Price Prediction: SOL Could Fall Below $50 By Summer

Solana’s price is currently approximately $125.83 but has declined by about 13% in recent weeks. Analysts predict that the SOL token may recover soon, particularly when the network launches new improvements and gains more users. However, concerns over potential market disruptions caused by Donald Trump tariffs could push the price below $50 by summer. Despite this, most investors believe in Solana’s solid fundamentals and stable growth, considering it as a potential investment option against other cryptocurrencies like Remittix.

Solana Price Struggles Near Key Support: Is a Bullish Reversal Possible for SOL?

Solana is currently trading at a critical support level, with traders closely monitoring whether it can avoid further decline. If Solana holds above the $75.47 support, there’s potential for a bullish reversal towards the $220 resistance. Volume analysis shows a lack of momentum, indicating that a significant surge is needed to drive price movement in either direction.

Wi-Fi DePIN XNET Announces AT&T Partnership

XNET, a Solana-based project developing a decentralized network of Wi-Fi hotspots, has partnered with US telecom giant AT&T. The collaboration will allow AT&T to offload mobile data traffic onto XNET’s network, easing congestion and improving coverage. XNET sells Wi-Fi hotspots to businesses and public spaces in exchange for XNET token rewards. These hotspots form a distributed wireless network, and XNET partners with cell carriers, such as AT&T, to offload mobile data onto its hotspots. The agreement with AT&T, which has been live since September 2024, enables AT&T wireless customers to connect to XNET’s Wi-Fi network.

Whales Offload SOL Amid Tariff Aftermath, SOL Trades at $122

Crypto whales are offloading huge Solana (SOL) tokens following the impact of President Donald Trump’s tariffs. This has become a significant hurdle for most bulls aiming for a $250 short-term recovery. The sweeping selloff has also affected other digital assets, taking the total market cap below $2.64 trillion, down 3.4%. At the time of writing, Solana trades at $122, recording a 6% surge in the last 24 hours. Solana holders face significant selling pressure as institutional demand declined this week. In the last 24 hours, several large holders moved to hedge losses following signs of another dip. These outflows cut across inflows to centralized exchanges, signaling an imminent sale and unstaking in decentralized finance (DeFi) protocols.