TLDR
- Cryptocurrency expert CryptoCurb predicts Solana (SOL) could reach $2,000 based on network metrics and adoption rates
- Solana currently priced at around $140 with a $72.6 billion market cap
- SOL has highest number of active addresses (28.4 million) and transactions (369 million) over past week
- Canada recently launched the first SOL ETF, with price projections to surpass $250
- SOL is showing bullish momentum with a 7% price increase last week and resistance at $142-$145 levels
Solana (SOL) is gaining momentum in the cryptocurrency market with experts eyeing potential massive price growth. Currently trading at around $140, SOL has seen a 7% increase over the past week while its 24-hour trading volume has jumped by 36%.
Cryptocurrency analyst CryptoCurb recently made headlines with a bold prediction that Solana could reach $2,000 in the future. The pseudonymous expert called this target “absolutely realistic” given the current fundamentals and on-chain indicators.
CryptoCurb bases this forecast on several factors, including Ethereum’s previous price performance. During the last market cycle, Ethereum reached a $600 billion market capitalization despite having steep fees and scalability issues.
“How does Solana get to $2k”
$2k $SOL = $1T market cap
ETH ran to $0.6T market cap last cycle.
ETH was also UNUSABLE (>$500 transaction fees) at >$100B mc.
$2k is absolutely realistic IF solana keeps its global adoption pace with minimal disruptions/continues to scale. https://t.co/gMyIDZqpp4
— curb (@CryptoCurb) April 20, 2025
A $2,000 SOL price would translate to a $1 trillion market capitalization. This would potentially position Solana to overtake Ethereum as the largest altcoin in the market.
“2K is absolutely realistic if Solana keeps its global adoption pace with minimal disruptions and continues to scale,” CryptoCurb stated in a post on X.
Network Performance Fuels Optimism
Solana’s impressive network metrics are driving much of the current optimism. Over the past seven days, SOL has recorded the highest number of active addresses at 28.4 million.
The network also led all others in transaction volume with 369 million transactions. This puts it ahead of competitors like Tron, BNB Chain, Base, and Bitcoin.
These strong performance indicators reflect Solana’s growing adoption across various Web3 applications. The network’s appeal stems from its speed, low transaction costs, and scalability.
Open interest in Solana has crossed 5.5 billion, climbing by 10% alongside increasing whale activity in the ecosystem. These metrics suggest SOL could reach $200 before Ethereum reclaims the $3,000 level.
Technical Analysis and Recent Price Action
On the technical front, Solana appears to be forming a strong base above the $120 support level. The price is now trading above $130 and the 100-hourly simple moving average.
There is a connecting bullish trend line forming with support at $137 on the hourly chart. SOL recently reached a high of $143.06 before experiencing a slight pullback.
The cryptocurrency is facing resistance near the $142 level, with the next major resistance around $145. A successful move above $150 could set the pace for another steady increase, potentially toward $155 and eventually $165.
If SOL fails to break above the $142 resistance, it might start another decline. Initial support is near $138.50, with major support at the $137 level and the trend line.
Last week, Canada launched the first SOL ETF, which could provide further institutional interest in the token. Price projections following this development suggest SOL could surpass $250, potentially reversing a forming death cross pattern.
Rising network inflows are expected to send Solana on a short-term rally to $150 before potentially pushing toward higher targets. While the $2,000 prediction represents a massive jump from current levels, supporters point to Solana’s technological advantages and growing adoption as catalysts.
