A few property within the cryptocurrency market had been beneath the highlight for his or her notable worth development over the previous 12 months. Together with altcoins like Ripple’s XRP, Solana (SOL) held a outstanding spot on this record. The asset went from buying and selling at a low of $96.59 all the way in which to a excessive of $294.33. SOL reached this peak about 4 months in the past in January 2025. Presently, the altcoin is buying and selling 40% beneath this all-time excessive. After a large drop through the previous couple of months, SOL’s annual beneficial properties stand at a adverse 2.82%. However a glance again on the cryptocurrency’s development price highlights its true potential.
Solana Jumps On The Restoration Wagon
The sixth-largest cryptocurrency, Solana, was buying and selling round $173.70 on the time of writing. All through the previous 24 hours, SOL surged by 3.15%. Simply earlier at present, the asset was buying and selling at a low of $166.30 earlier than leaping to a excessive of $175.52.
The Solana community is all set to roll out a second-gen Android cellphone later this 12 months. Based on experiences, the Solana Seeker smartphone will entail options of the Solana Sage gadget. The cellphone is about to go stay and begin delivery on August 4, 2025. The community’s very first gadget was rolled out in April 2023. The Seeker mannequin is the Chapter Two or successor of Saga. The community bought a complete of 100k Saga units.
August Value Prediction
Along with the gadget, the Solana community intends to roll out a brand new token. SKR is anticipated to emerge as an asset of the community’s decentralized cell wing. Because of this, the upcoming launch is necessary for the complete Solana ecosystem.
Based on information from CoinCodex, Solana is anticipated to report a dainty rise from its present worth. The asset will commerce at a most worth of $176.96. The typical buying and selling worth of SOL was set at $157.95.