SOL has to confirm its breakout level $271 in order to move to ATH. It will likely exceed ATH depending where it trades on February 5th, 2025.
Both time and price points mentioned above are crucial in understanding when we expect Solana (SOL) to hit all-time highs.
Related – SOL prediction 2025
Remember, the question “will Solana (SOL) hit all-time highs“, also WHEN will it do so, need to be evaluated against both the price and time axes of the chart.
How to analyze the question ‘will Solana (SOL) hit all-time highs’
One frequently made mistake is to associate the answer to the question “will SOL hit all-time highs” with events. It does not work. It is a human and intuitive reaction, but not the right one.
Related – Can The Price Of Solana (SOL) Exceed $1,000 By 2030?
Here are illustrations of what we mean:
- Bitcoin halving is nearing – how will this influence the price of BTC and SOL?
- SOL is releasing new features – will this push SOL to hit all-time highs?
- The Fed will make an interest rate decision – if they lower rates, SOL might hit all-time highs.
That’s not how forecasting works.
That’s how the human mind intuitively looks for associations.
Two completely different things.
Momentum is what drives markets, and fundamentals is what differentiates quality cryptocurrencies from crap.
Solana delivers great features, expanding its developments, ensuring progress across the board (integrations, partnerships, innovation). We need this info to understand that SOL is a quality token. It does not correlate to “will SOL hit ATH” though.
Solana (SOL) will hit all-time highs if it completes its bullish chart pattern
Momentum is kicking in – that’s great news for quality tokens like Solana (X).
The price chart has a clear message: once $271 is cleared, the secular breakout level, with 5 to 8 daily candles exceeding the breakout level, it will be the ultimate confirmation that of a SOL move to ATH.
Note – the chart pattern is a bullish cup and handle, over 3 years. This is strongly bullish. However, SOL will still need to confirm its move to ATH. No breakout until a confirmed breakout to ATH.
Will Solana (SOL) hit all-time highs in 2025?
Yes, the probability that SOL will hit ATH in 2025 is very high, even on the larger timeframe.
Below is the weekly BTC chart.
SOL is correlated to BTC. In fact, SOL is a leveraged play on BTC.
The reversal on its chart is very bullish. As BTC seems to be working on a breakout to ATH in 2025, it looks like SOL will move to ATH in 2025.
When will Solana (SOL) hit all-time highs – conclusion
Wrapping up this article, we conclude that SOL will hit ATH once $271 is cleared on an 8-day closing basis.
Now, on the WHEN question, there are a few additional points to make:
- SOL needs to move above $271 and not touch $271 in an 8-day period.
- The decision point in crypto markets is determined by BTC’s timeline: January 15th to February 5th, 2025. Price action during this time window will determine Solana’s path during the first half of 2025.
The conditions are in place for a breakout. Now it’s a matter of the validation process to start.
No financial advice. Do your own research.