Solana Prices Drop but Long-Term Forecasts Remain Optimistic

Solana (SOL) is currently trading near $160, down 8.53% in the last 24 hours after failing to hold the $170 support level. However, despite this short-term pullback, analysts remain optimistic about Solana’s long-term potential. They predict SOL could average around $172.96 by 2025, with a trading range of between $159.32 and $189.14. This would represent an anticipated annualized gain of 17.70% from current prices. The Solana ecosystem continues to be active, driven by high transaction throughput and strong developer activity. However, recent attention has turned towards presales like Noomez ($NNZ) for early-stage investment opportunities, creating a split narrative in the market.