Solana (SOL) Eyes $500 Target – Here’s the Timeline That Matters
Solana’s native token SOL isn’t just climbing—it’s rewriting the playbook for layer-1 assets. Analysts now see a clear path to $500, fueled by breakneck transaction speeds and a developer exodus from Ethereum. The ’when’ depends on three factors: ETF whispers (yes, even for non-Bitcoin assets), institutional staking demand, and whether SOL can maintain its 90% uptime streak. Brace for volatility—this isn’t your grandfather’s blue chip.
Wall Street’s reaction? A mix of FOMO and eye-rolling at ’yet another crypto prediction.’ But with Solana processing transactions at 1/10th of Ethereum’s fees while handling NFT mints like a firehose drinks water, the numbers speak louder than skeptics. The $500 call isn’t moon math—it’s basic supply-demand dynamics once institutional capital wakes up to staking yields that outpace Treasury bonds.
Has Solana Moved Past the $150 Mark?
Solana, at the time of writing, was trading at $149.58. This comes after a 1.17% decrease over the past 24 hours. SOL seems to be struggling to latch on to $150. But just earlier today, the asset was priced at a high of $153.87.
The sixth-largest cryptocurrency is currently at a distance not only from the coveted $500 mark but also from its all-time high. Solana hit a peak of $294.33 about three months ago in January. The community expected SOL to touch $300, but the asset is currently 49% below its all-time high.
Can $500 Turn Into A Reality Soon?
Looking at the massive price surge of Solana, several in the market predicted that the asset would reach a high of $500 by this year. On the contrary, SOL has been moving quite slowly. According to data from CoinCodex, the asset will most likely carry its current trend throughout the year. Therefore, $500 could be out of the picture for the altcoin. The firm revealed that SOL will be able to achieve this milestone only in the year 2029. During this period, the asset will trade at a maximum price of $505.65. This comes after a 237% rise from its current price level.
