Solana (Sol) has recorded a volatile year so far. The asset was one of the few coins that managed to hit a record high during the rally. Sol surged to a peak of $294.33 on January 19, 2025. However, this trend did not last long after assets collapsed. Currently, SOL is 57% below this peak. The conditions for Altcoin are not so bullish today, but the community hopes to see a much brighter future.
Solana continues to move down
Solana is a top performer whose usefulness and popularity are growing. Nevertheless, this past month has been rough with Altcoin. Sol fell nearly 30% throughout March. Over the past 24 hours, assets have fallen 3.33%. At the time of writing, cryptocurrency was trading at $126.42.
2030 Price forecast
Concodex data shows that over the course of five years, Solana is likely to move upwards. The company has revealed that Solana will trade at a lowest price of $171.02 before it rises to a maximum price of $356.96 in 2030. This has an average annual price of $231.14. Compared to the current rate, this could result in a return on investment of 181.90%.
Taking into account the current prices of cryptocurrency, investors can raise a total of 39.55 Sol for $5,000. According to recent calculations, if Solana hits $356.96 in 2030, the current $5,000 investment earned is worth around $14,128.35. This represents an additional 2.83 times the return on investment.
