On-chain analysis refers to the examination of data that originates directly from the blockchain. Important metrics here include transaction volume, the number of active addresses and the network value to transaction ratio (NVT). High transaction volume and a rising number of active addresses can indicate growing usage and adoption of Solana, which may positively impact the price. The NVT ratio helps assess the valuation of the network in relation to its actual utility. A low NVT value may signal undervaluation, while a high value suggests the opposite.

Macroeconomic factors such as interest rates , inflation and general economic conditions influence the overall cryptocurrency market and thus also Solana and price forecasts. Interest rate cuts can, for example, improve the investment climate and lead to increased demand for high-risk assets such as cryptocurrencies. Conversely, economic uncertainties or restrictive monetary policies could dampen demand.

Growth of the Solana ecosystem, particularly in the area of stablecoins and on-chain activity, has a positive effect on the SOL price: The stablecoin supply on Solana exceeded 17.48 billion USD for the first time in 2025, with USDC making up the majority of stablecoins. Usage of stablecoins and on-chain transactions on Solana remains high – USDC dominates the stablecoin market in the network, showing that Solana is increasingly used as infrastructure for dollar-based transfers and payments. Decentralised exchange and DEX activity remains high, with current Solana data showing a monthly spot DEX volume of approximately 143 billion USD . Strong usage of the network and stablecoins can strengthen confidence in the Solana blockchain and, under bullish conditions , increase demand for SOL.

Can Solana reach 1,000 USD?

For Solana to reach the 1,000 USD mark, the price would need to rise by approximately 605.56% compared to its current level – a target that, according to a current algorithmic forecast, would only be realistic by December 2048 . Whether Solana ever reaches such a level depends on long-term developments such as high network usage, institutional capital, and stable technology, as well as factors that can support growth.

Does Solana have a future?

Many analysts view Solana as one of the most promising Layer-1 blockchains – thanks to high speed, low fees and a dynamically growing DeFi and NFT ecosystem, which can support demand for SOL. Despite challenges like previous network outages or regulatory uncertainty, the long-term outlook remains overall bullish according to market sentiment, also due to developments like potential ETFs and institutional adoption.

Where will Solana stand in 2028?

According to current forecasting models, Solana could be at an average price of approximately 346.40 USD in December 2028, with a possible price corridor between 336.09 USD (minimum) and 358.08 USD (maximum), representing a potential price increase of around +151.00% . Whether Solana actually reaches that level depends on how market conditions, adoption and technological developments evolve by then.

02/02/2026

14 min read

Solana price – forecast 2026, trends and scenarios

Solana (SOL) has established itself as one of the fastest blockchain networks, but what is the forecast for the Solana price over the next few years? The future potential of Solana depends on several factors, such as the further development of the network, adoption by developers and the general market sentiment. In our guide, you'll learn how the Solana forecast for the year 2026 could develop. We’ll also look ahead at the future of Solana and examine what the SOL forecast looks like for 2030 and 2040. You’ll also discover the factors that could influence the price and the risks associated with the Solana forecast.

Price range by 2026: Forecasts for Solana in 2026 range between 128 USD and around 178 USD – depending on market conditions and technological development.
Long-term forecast 2040: Long-term models see Solana in 2040 at an average of 639 USD, with ranges between around 273 USD and 691 USD.
Opportunities and risks: Solana impresses with fast technology, but is under pressure due to network outages, regulatory requirements and strong competition.
Influencing factors: On-chain data, macroeconomic trends, technological progress and institutional interest determine the further price development.

Why are forecasts for the Solana price so important?

Solana price forecasts can be of great importance for investors and interested parties as they help to better estimate the future price development of SOL. The price of Solana is influenced by numerous factors, such as technological developments, network usage and macroeconomic conditions, all of which have a direct impact on future price predictions. A forecast created by analysts makes it possible to recognise risks and opportunities more clearly and to plan the next steps according to the expected market movements.

Solana forecasts can be particularly useful for investors who follow both short- and long-term trading strategies, providing guidance on how to respond to market developments. Technological innovations, the growth of the Solana ecosystem and external factors such as regulatory developments and market sentiment should also be taken into account to gain a complete picture of potential price movements.

Disclaimer:

The information presented here does not constitute financial advice, but is for analysis and educational purposes only. It is based on common forecasting methods, historical data and market trends, but is not a guarantee of future developments. Past price movements are not a reliable indicator of future performance. Please do your own thorough research or speak with a professional to better assess risks when investing in cryptocurrencies such as Solana.

Historical volatility of Solana and the impact on SOL

Solana has experienced pronounced volatility since its launch in March 2020, influenced by various technical and market-specific events. Such fluctuations make it particularly challenging to estimate future price developments, as they respond directly to changes in the market environment.

Major events impacting SOL:

2020: After the launch of Solana in March, the cryptocurrency reached an all-time low of around 0.57 USD in May, before a long-term upward trend developed during the summer months.
2021: The price of SOL rose rapidly and reached an all-time high of 187.61 USD in September 2021, supported by growing interest in DeFi projects and NFTs on the Solana blockchain.
2022: In May 2022, the SOL price fell to around 40 USD and experienced a sharp downward trend following the collapse of the major crypto exchange FTX and a series of market uncertainties.
2023: Solana saw a recovery as the network implemented upgrades and market sentiment turned more positive, pushing the price up to around 100 USD.
2025: In 2025, Solana reached new highs of around 247 USD, driven by the announcement of the Firedancer client to improve network performance and increased institutional interest, such as several crypto ETFs entering SOL products.

Please also note that past events are not a reliable indicator of future developments. They are difficult to predict, which is why it's worth looking at market reality. You can find the current Solana price and many others like the Bitcoin price anytime on Bitpanda.

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Solana forecast 2026 – scenarios at a glance

Forecasts for the price of Solana in 2026 show a wide range of possible developments – depending on whether analysts expect a bullish or bearish market. In this, the technological progress of Solana’s blockchain, institutional involvement and the overall economic environment play a key role in the future value of SOL.

One analysis assumes a bullish trend and forecasts a 2026 price between 156.56 USD and 178.13 USD, with an expected average of 169.09 USD.
Other forecasts estimate the average value of SOL in 2026 at 149.23 USD, supported by slightly positive market sentiment.
Another clearly bearish assessment sees Solana in 2026 at 128.28 EUR (approx. 138.60 USD), indicating cautious expectations regarding price development.
Referring to potential price impulses from ETFs and increasing institutional use of Solana’s infrastructure, another forecast suggests a possible value of 208.61 CAD (approx. 153.70 USD).

Overall, the analyses show that the forecast for the cryptocurrency Solana could range between cautious growth and clearly bullish scenarios – depending on how Solana’s technological development, market sentiment and institutional interest continue to evolve.

Long-term price targets: What is the forecast for Solana in 2030?

Long-term forecasts for the Solana coin in 2030 range from cautious to clearly bullish – depending on how Solana’s technology, market environment and adoption progress. The following forecasts illustrate how varied the expected value of SOL could be:

According to one forecast, the average Solana price in 2030 could be around 181.39 USD, based on stable but rather restrained price development.
Other analysts expect a price of 155.92 EUR, equivalent to around 168.50 USD, and assume a moderate increase in value over the years.
Technically driven assessments predict a bullish development with a price corridor between 404.04 USD and 410.75 USD and an annual average of 407.95 USD.
A cautious Solana price forecast is based on an assumed price increase of 5%, arriving at about 253.57 CAD, or around 187 USD.

In summary, the price targets for 2030 suggest that Solana is seen as a long-term project in both bearish and bullish trends, with significant potential should Solana’s ecosystem continue to grow and strengthen.

A look into the future – Solana forecast 2040

Long-term assessments of Solana’s value in the year 2040 show how widely expectations for Solana’s development differ. While some scenarios assume steady growth, others anticipate a strongly bullish market phase with a significant price increase:

Some analysts expect an average price of 639.72 USD, based on a price range between 587.50 USD and 691.07 USD, which would represent a potential price gain of around 390% compared to the current level.
Another forecast sees the crypto coin Solana in 2040 at 253.98 EUR, or approximately 273 USD, which indicates more restrained expectations and a rather bearish scenario.
In a long-term estimate, a potential value of 413.04 CAD is projected for 2040, equivalent to about 304 USD, with the forecast factoring in moderate development alongside growing institutional use of Solana’s infrastructure.

The price forecasts for 2040 illustrate that SOL is discussed as a long-term investment in both bullish and bearish scenarios. Price development depends heavily on technological progress and the expansion of the Solana ecosystem.

Which factors influence the Solana forecast?

A number of factors, both within and outside the blockchain ecosystem, influence the price of SOL and are therefore relevant to the forecast for the Solana cryptocurrency. The influencing factors can be divided into categories: on-chain data, macroeconomic conditions, market sentiment and adoption, as well as technical developments and network security.

On-chain analysis refers to the examination of data that originates directly from the blockchain. Important metrics here include transaction volume, the number of active addresses and the network value to transaction ratio (NVT).
High transaction volume and a rising number of active addresses can indicate growing usage and adoption of Solana, which may positively impact the price. The NVT ratio helps assess the valuation of the network in relation to its actual utility. A low NVT value may signal undervaluation, while a high value suggests the opposite.
Macroeconomic factors such as interest rates, inflation and general economic conditions influence the overall cryptocurrency market and thus also Solana and price forecasts. Interest rate cuts can, for example, improve the investment climate and lead to increased demand for high-risk assets such as cryptocurrencies. Conversely, economic uncertainties or restrictive monetary policies could dampen demand.
Public perception of Solana and actual usage of the blockchain remain important influencing factors for the SOL price. Positive developments in infrastructure and payment systems can generate bullish momentum.
In July 2025, Visa announced plans to technically process transactions using stablecoins such as USDC via the Solana blockchain.
In November 2025, Visa launched a pilot programme to enable USDC payouts directly to blockchain wallets – including over Solana.
These ongoing projects and pilot initiatives could strengthen long-term confidence in Solana’s payment infrastructure and increase adoption. Negative reports about security gaps, bugs or network issues could reverse sentiment and trigger bearish price movements.
Advancements in Solana’s technology and infrastructure also contribute to changes in the SOL price. Improvements in network scalability, security and functionality can strengthen user confidence and create new use cases. Additionally, developments such as the introduction of Solana-based smartphones or integration into existing financial systems may further promote usage and adoption. The most important events in 2025:
In June 2025, Solana reported that the network currently demonstrates “industry-leading” performance and validator health, and that numerous optimisations have led to improved scalability and a more stable validator structure.
The new validator client Firedancer is being increasingly implemented and is expected to help avoid previous issues with network outages, improving the stability of transactions and dApps.
Institutional interest in Solana is a potentially strong influence on the value of SOL – though many projects are still in review or planning stages.
In August 2025, asset manager VanEck submitted an application for a staking ETF based on Solana liquid staking token (JitoSOL) to the U.S. Securities and Exchange Commission (SEC).
While several Solana ETF applications, including spot ETF applications, are listed with the SEC, no final approval for a spot SOL ETF is publicly known at this time.
The political and regulatory situation is currently perceived as uncertain, as reports suggest that SEC review processes are delaying the ETF applications.
Institutional interest can currently be seen as potentially positive, but broader access through regulated products such as ETFs depends heavily on regulatory decisions.
Growth of the Solana ecosystem, particularly in the area of stablecoins and on-chain activity, has a positive effect on the SOL price:
The stablecoin supply on Solana exceeded 17.48 billion USD for the first time in 2025, with USDC making up the majority of stablecoins.
Usage of stablecoins and on-chain transactions on Solana remains high – USDC dominates the stablecoin market in the network, showing that Solana is increasingly used as infrastructure for dollar-based transfers and payments.
Decentralised exchange and DEX activity remains high, with current Solana data showing a monthly spot DEX volume of approximately 143 billion USD.
Strong usage of the network and stablecoins can strengthen confidence in the Solana blockchain and, under bullish conditions, increase demand for SOL.

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SOL forecast: Will Solana rise in the next bull run?

Some forecasts suggest that Solana could rise in the next bull run, but there are also reasons that argue against a strong increase. The future price depends heavily on how market conditions, network usage and external factors develop.

Possible reasons for a rise

The blockchain activity has recently increased, which could support the value and usage of Solana.
A broad market shift towards cryptocurrencies and heightened institutional attention could drive bullish momentum.

Risks that could limit a rise

According to current technical analysis, bearish sentiment dominates many indicators – meaning that many chart signals currently point to caution.
Competition from other blockchains, possible technical hurdles and uncertainties in the global market environment could put pressure on SOL’s value.

Whether Solana rises in the next bull run depends on external conditions, market sentiment and the continued development of the network. A moderate to bullish scenario seems possible, provided network activity, adoption and market conditions align. However, a rise is not guaranteed.

Risks – why Solana price forecasts can be uncertain

The forecast for Solana continues to involve high levels of uncertainty. Numerous internal and external factors can significantly influence the price and the predictions.

Possible risks and uncertainties

Solana has experienced repeated network outages in the past, which can undermine confidence in Solana’s blockchain and depress the value of SOL.
Reports indicate that in 2025, Solana saw a significant number of failed transactions, pointing to issues with parallel processing and network overload.
Competition from other blockchain and smart contract platforms remains strong, and if they catch up technologically or offer better support and services, Solana’s market share could shrink.
The European regulation for crypto-assets (Markets in Crypto-Assets Regulation, MiCA), which has been in effect since the end of 2024, imposes strict requirements on crypto-asset providers – changes in implementation or interpretation could create uncertainty regarding the use and trading of SOL.
Solana’s price performance can be quickly affected by economic uncertainty, inflation, interest rates or negative sentiment in the broader market.

Conclusion: what investors can take away from Solana forecasts

Price forecasts for Solana up to 2040 range from cautiously optimistic to ambitious targets. Solana, as an innovative blockchain, stands for speed, scalability and a growing ecosystem, but is also faced with risks such as network outages, regulatory uncertainty and strong competition. Those interested in investing should not see forecasts as a guarantee of profits, but as one of many sources of information. Supporting tools such as technical trading indicators, on-chain data or fundamental analysis can help you better assess current developments.

Ultimately, it’s crucial for you as an investor to regularly review your investment and respond flexibly to changes in the market.

Crypto forecasts and market outlooks in the Bitpanda Academy

The Bitpanda Academy offers you in-depth crypto forecasts that help put market trends into perspective and understand possible future scenarios for individual cryptocurrencies. In our forecast articles, we analyse, among other things, historical price developments, market sentiment, as well as fundamental and technical factors – with the aim of giving you clear and objective guidance.

Please note: Crypto forecasts do not constitute investment advice and are for informational purposes only.

FAQ

Frequently asked questions about the SOL forecast

You’ll find more frequently asked questions and our answers on the topic of the Solana forecast in the FAQs.

For Solana to reach the 1,000 USD mark, the price would need to rise by approximately 605.56% compared to its current level – a target that, according to a current algorithmic forecast, would only be realistic by December 2048. Whether Solana ever reaches such a level depends on long-term developments such as high network usage, institutional capital, and stable technology, as well as factors that can support growth.
Many analysts view Solana as one of the most promising Layer-1 blockchains – thanks to high speed, low fees and a dynamically growing DeFi and NFT ecosystem, which can support demand for SOL. Despite challenges like previous network outages or regulatory uncertainty, the long-term outlook remains overall bullish according to market sentiment, also due to developments like potential ETFs and institutional adoption.
According to current forecasting models, Solana could be at an average price of approximately 346.40 USD in December 2028, with a possible price corridor between 336.09 USD (minimum) and 358.08 USD (maximum), representing a potential price increase of around +151.00%. Whether Solana actually reaches that level depends on how market conditions, adoption and technological developments evolve by then.