Crypto:
36638
Bitcoin:
$91.345
% 2.13
BTC Dominance:
%58.7
% 0.02
Market Cap:
$3.13 T
% 1.20
Fear & Greed:
28 / 100
Bitcoin:
$ 91.345
BTC Dominance:
% 58.7
Market Cap:
$3.13 T

Helius CEO: Solana Could Hit $700 in 2025! 

SOL Digital Asset Treasuries

Solana Rises on Strong Technical Foundation 

Solana (SOL) regained momentum in mid-2024. The price has stabilized in the $165-170 range. Trading above the 50 and 100-day moving averages, the price structure signals positivity. 

Helius CEO Mert Mumtaz highlighted growing confidence in Solana’s architecture. Unlike Ethereum’s Layer-2 solutions, Solana offers direct Layer-1 scalability, standing out with low transaction fees and stable performance. 

“Solana’s parallel fee architecture isolates traffic between applications. This prevents sudden fee spikes and ensures a predictable user experience.” 

2025 Price Prediction: Is $700 Realistic? 

SOL’s price shows strong technical signals. The RSI is at 56, maintaining a positive outlook. The Parabolic SAR remains below the candles, indicating the uptrend persists. If the $165-168 range holds, the next target is $184. Then, the psychological $200 level comes into play. If these levels are decisively broken, a rise to $700 in 2025 becomes plausible. 

“Solana is one of the few networks that keeps fees stable even during congestion. This is not only cost-effective but also predictable and sustainable.” 

Solana Technical Analysis 

  • The RSI currently stands at 56.67, remaining above both the signal line and the neutral 50 level. This suggests buyers still dominate the market. There’s a slight pullback from the previous peak of 65.19, but this is seen as a healthy consolidation rather than a trend reversal. 
  • Meanwhile, the Parabolic SAR stays below the price, signaling sustained upward momentum and buyer dominance. 
  • If buyers firmly hold the $165-168 range, the price is expected to test the $184 resistance. If this resistance is broken, a rise to $200 becomes feasible. 
  • However, if the price falls below the 50-day moving average, selling pressure could increase. In this scenario, the price risks dropping to $147. 

From the current $170 level, SOL would need roughly a 400% increase to reach $700. In the short term, the price must first clearly break $176 and then achieve weekly closes above $180. If these levels are surpassed, the price is said to reach $200. 

***Not Investment Advice ***

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