Solana Price Prediction: It Could Rise 2 Times to ATH Amid Strong ETF Growth

Solana may be preparing for a major short term bullish rally, as buyers are eyeing a retest of the all-time high near $300 earlier this year, which is double the current level. The Solana price has now risen by more than 55% since its April low of around $95, creating a series of lower lows and breaking above the 21 DMA and 50 DMA in the process. The recovery on Wednesday at the 21DMA confirms the bullish trend and indicates a high potential for a short term breakout above last week's high of 157 dollars.

The bullish trend of Solana occurs in the context of risky assets recovering strongly in recent weeks, with Bitcoin rising back to the $100,000 level and major U.S. stock indices reversing much of the decline from the record highs in February. The market seems to be expecting a less aggressive trade policy from U.S. President Donald Trump. The current market sentiment seems to rely more on hope than on reality, and the recovery in sentiment ( so far ) is also overlooking the downturn in U.S. economic indicators suggesting that a recession may be imminent.

And that signals good things for Solana, as the company is also likely to benefit from the ETF hype in the coming months. Solana Price Prediction – Will It Revisit Its All-Time High This Summer? The technical and fundamental factors of the market in the short term are all pointing towards a bullish trend in the coming weeks. If the economic data from the United States can hold steady, perhaps this bullish phase could even last for a few more months. This could pave the way for Solana's price to rise again to test the all-time high in 2025 as traders also rush in ahead of the potential approval of a spot Solana ETF in the U.S. this summer.

According to Bloomberg Intelligence, spot Solana ETFs currently have a 90% chance of being approved, with six asset management companies awaiting the launch of their products.

The approval of the ETF will open the door to a new wave of capital that the Solana market has yet to benefit from. With other ETFs for XRP and Dogecoin also likely to be approved, a new alternative crypto season could be on the horizon. Yes, in the context of the U.S. economy being heavily impacted by trade instability and the Federal Reserve not wanting to loosen monetary policy due to concerns about rising inflation, it may not be the best time to bet on an altcoin surge like in 2021. Certainly, the price of Solana could test the 2025 high of nearly $300 if it surpasses the resistance level in the 170-180 dollar range.

However, a new bullish surge towards, for example, $500 would require a strong macroeconomic backdrop. More specifically, it may require a combination of 1) a strong U.S. economy and a globally accelerating economy, along with 2) a lot of liquidity injections from major central banks around the world. This, combined with the flow of ETF capital, will be the driving force to help the price of Solana rise to $500.