Solana (SOL) has been at the center of attention in the crypto market, with its price facing mounting pressure despite earlier outperforming Bitcoin (BTC), Ethereum (ETH), and lately Ripple (XRP) in 2024. Recent data paints a mixed picture for Solana's future, as it battles to maintain its momentum. With the potential for new ETF approvals, major funding inflows, and game-changing infrastructure developments, many investors are eyeing 2025 as a possible breakthrough year for Solana to achieve a new all-time high (ATH). But will it be enough to reignite bullish momentum?By TradingView - SOLUSD_2024-12-18 (1W)Current Solana Price StrugglesAt the time of writing, Solana’s price is $216, reflecting a 0.71% dip over the past 24 hours. This recent decline underscores a larger struggle for the token, especially when viewed alongside its monthly performance of -9.07%. Although SOL’s year-to-date (YTD) gain stands at an impressive +112.36%, it pales in comparison to XRP’s +137.33% monthly growth. Moreover, Solana’s market cap of $103.49B places it just ahead of Binance Coin (BNB) with $102.94B, suggesting that SOL risks falling from its #5 position in the rankings.By TradingView - SOLUSD_20...
Solana 2025 Price Prediction as SOL Struggles to Surge: Will it Bring a Breakthrough?
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