Solana Price Forecast: Will SOL be the next cryptocurrency to reach $300?

Table of contents

• Solana's recent price performance
• Solana's Structural Cost Foundation
• Solana TVL Data: DeFi Growth Drives Solana Price Rises
• ETFs and Treasury Development: The Power of Solana Price Soaring in Next Round
• Solana Price Forecast: Can $300 be Achievable?
• 2025 Solana Price Forecast
• 2026 Solana Price Forecast
• 2030 Solana Price Forecast
• 2040 Solana Price Forecast
• in conclusion

In 2024, Bitcoin soared from $40,000 in January to nearly $125,000, an astonishing increase. Ethereum followed closely behind, with prices tripling, peaking in August 2025, close to $5,000. Nowadays, with the pursuit of Solana by institutions and retail investors, many people in the cryptocurrency investment industry are asking: Will SOL be the "next"? As similar market environments gradually form, investors are paying attention to price trends, and Solana's price trend has attracted much attention. Will Solana price hit a new high in the coming weeks, breaking the $300 mark?

In this article, we conduct an in-depth analysis of Solana prices, assessing the strong impact of its recent performance, structural cost support, total value lock-in indicators, and pending approval of ETFs and institutional funding.

Source: CoinMarketCap

Solana's recent price performance

Solana's price has shown impressively strong momentum in recent months, closely linked to the wider altcoin rally. From June to late August 2025, Solana's price surged by more than 70% driven by accelerated adoption and strong market sentiment.

Although Solana price encountered resistance around $220 and fell below $200 in early September, it then rebounded rapidly by more than 12%, and is currently trading above $240. Analysts pointed out that SOL hit a new high at the low of $160, a bullish technical indicator that predicts further gains in the future. The support from $213 to $221 also showed resilience, indicating a solid foundation for the Solana price trajectory.

Solana's Structural Cost Foundation

Understanding the ownership structure that underpins Solana’s price will help uncover its future potential. The distribution of SOL tokens is “olive-shaped” and the cost of most active traders is concentrated around $203. About 7% of the circulating supply is between $203 and $242, while nearly 40% of the supply is between $162 and $203. This means that any surge in Solana prices could lead to some holders taking profits on a lower cost basis, but the risk of huge instant selling pressure is limited as most of the transactions in the range are over.

Additionally, the last round of massive acquisitions occurred at around $144, and many recent holders are now eager to wait for more substantial profits before considering selling.

Solana TVL Data: DeFi Growth Drives Solana Price Rises

The main driver of Solana's price increase is its fast-growing Total Locked Value (TVL). As of September 2025, Solana's total lock-in value (TVL) reached a new high of $12.27 billion, a 57% increase from its June low of $7.8 billion, which is a remarkable move. This uptrend is led by kernel dApps, including Raydium (TVL's monthly growth rate of 32%), Jupiter DEX, Jito liquidity staking and the Sanctum protocol. Together, these applications consolidate Solana's position as a key DeFi ecosystem, and in TVL rankings, it surpasses many Layer-1 networks, but even Ethereum's own Layer-2 network. The growth of TVL means higher network engagement, stronger demand, and ultimately higher potential Solana prices.

Source: DefiLlama

ETFs and Treasury Development: The Power of Solana Price Soaring in Next Round

The upcoming ETF announcement could be an explosive catalyst for the next round of Solana price rise. Several heavyweight institutions including Grayscale, VanEck, Franklin Templeton, Bitwise, Fidelity and Galaxy Digital have applied for Solana spot ETF in the United States. Investors are watching the key decisions the Securities and Exchange Commission is preparing to make, with October 10 a key date that could pave the way for the launch of multiple ETFs by the end of the year.

Meanwhile, the rise of institutional Solana vaults is curbing supply and amplifying bullish momentum. Forward Industries received a $1.65 billion commitment to acquire and hold SOL, leading investors including Galaxy Digital, Jump Crypto and Multicoin Capital. Galaxy Digital alone recently purchased more than $486 million in SOL, cementing its holdings in what CEO Mike Novogratz calls the "SOL season." Additional support from companies such as BIT Mining and Upexi further strengthens the foundation for the continued rise in Solana prices.

Solana Price Forecast: Can $300 be Achievable?

Considering all current indicators, Solana's recent $300 target price seems realistic. The reasons are as follows:

• Technical structure: Higher lows and strong buying zones above $200 indicate healthy price structure and minimize downside risks.
• On-chain expansion: Record high TVL and thriving DeFi activity demonstrate sustainable long-term demand and rising practicality.
• Institutional support: The massive inflow of capital from corporates, coupled with expectations of ETF launches, is reducing available supply and attracting new investors.
• Macro tailwind: The Fed's September meeting is expected to cut interest rates for the first time since the end of 2024, which could boost interest in high-growth crypto assets such as Solana.

Analysts at Delphi Digital and other research firms set Solana's short-term price target between $250 and $300 — especially if ETF approvals and institutional flows are consistent with ongoing bullish sentiment.

2025 Solana Price Forecast

Experts have extensive discussions on possible changes in Solana prices. For example, cryptocurrency pricing analyst Lark Davis believes Solana's medium-term price is expected to rise to $300-400. He explained that this is due to the growth of the ecosystem and strong fundamentals.

However, we believe that Solana may face a price pullback before reaching such a high level. After a strong price increase, the pullback may pull the price down to a lower level before stabilizing again. Therefore, by the end of 2025, the lowest price for Solana will be around $195.55, while the highest price may reach $258.57.

2026 Solana Price Forecast

Looking ahead to 2026, Solana prices are likely to grow significantly, depending on how the network is developing and the overall crypto market development. With continuous improvements in scalability, enhanced network performance, and wider adoption of decentralized applications, Solana may continue to consolidate its position as one of the top blockchain platforms.

By the end of 2026, Solana's highest price is expected to reach $311.57 as the network becomes more efficient and the overall cryptocurrency market stabilizes. The forecast considers potential growth factors that could drive Solana to a new high in the coming years.

2030 Solana Price Forecast

Michael van de Poppe, a well-known crypto trader, agrees with Lark Davis; he believes Solana can rise to $600 in the next few years. He mentioned that this forecast will be achieved as long as the market conditions are favorable and the Solana network continues to grow.

Therefore, a strong growth trend is expected in Solana prices by 2030. SOL has the potential to become one of the key players in the crypto economy. Due to the huge number of applications running on the Solana network, SOL prices are expected to range between $834.04 and $1,376.83 in 2030.

2040 Solana Price Forecast

Over the next decade, by 2040, the price of Solana is expected to be at a minimum of $18,901.98 and a maximum of $23,115.87. This suggests that SOL will become a major market player alongside Bitcoin or Ethereum. If Solana blockchain continues to develop positively and the market is bullish for most of the time, a huge increase in the price of this coin is possible. However, some obstacles will no longer be able to lower the price of SOL, in which case the focus can be placed on the lowest or average data.

Solana has become one of the most popular cryptocurrencies in just a few years. It is chosen for its high scalability, security and the power of the network. SOL is also attractive as an investment vehicle, as the price of the coin is expected to rise sharply over time. Therefore, in addition to considering its advantages, the risks associated with the asset should be considered and an investment strategy that suits you.

in conclusion

Solana is expected to see a breakthrough in prices, thanks to its strong fundamentals, active adoption by institutional investors, strong on-chain growth and a strong ETF narrative. While all investments are risky, SOL's trend at the end of 2025 is very similar to the conditions that drove the historic surge of Bitcoin and Ethereum. For investors looking for the next major opportunity in the digital asset market, it is crucial to focus on Solana’s prices in the coming weeks.

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