Solana Price dips but bullish outlook fueled by strong investment and upcoming upgrades

Despite a recent 16.5% price drop, Solana is positioned for growth according to analysts. A $5 billion funding deal aims to accumulate SOL for corporate reserves. The outlook is further bolstered by high odds of a spot ETF approval and major network upgrades. Solana’s native cryptocurrency, SOL, has been attracting bullish predictions since the start of 2025. Although the token hasn’t yet recaptured last year’s bullish momentum, experts predict SOL will continue to climb in value this year, potentially reaching new heights. Solana’s price action recently experienced a pullback, dropping from $168 on Wednesday, but it found support around $140, coinciding with its 50% Fibonacci retracement from the recent rally. Analysts are closely watching Solana’s trajectory as it navigates this period of market volatility.