The price of Solana (SOL) has struggled to maintain its recent all-time high of $290 and is currently trading below $200. Despite its growing ecosystem and volume, the price is facing resistance and bears are gaining dominance. However, there is optimism that bulls will defend the price above the key support level of $170, leading to a potential price bounce and the possibility of reaching new all-time highs of $350 to $500. The speculation around Solana's price prediction for 2025 is increasing, with hopes that the approval of a Solana ETF will drive institutional adoption and liquidity. On-chain data shows strong volume on the Solana ecosystem, despite market uncertainty. If the price fails to hold above key support, it could drop to a lower region of $125. Overall, the outlook for Solana's price in the long term remains positive, with analysts predicting a high of $500 or even $1,000 depending on factors such as volume, adoption, and institutional interest.



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