As Solana (SOL) has plunged nearly 40% from its recent peak to hover around the $80 level, the market is locked in a tug-of-war over whether the price could tumble to $20 due to legal risks or surge to $250 on the back of solid fundamentals.
According to investment outlet The Motley Fool on February 8 (local time), Solana has fallen sharply from its all-time high in early 2025 and is currently trading in the $80 range. Market sentiment has deteriorated to its worst alongside a broader cryptocurrency downturn, and heightened volatility has ushered in an uncertain phase where it is difficult to predict whether asset values will be halved or rebound by more than double.
The core backdrop to the bearish $20 crash scenario is escalating legal uncertainty in the United States. A class-action lawsuit targeting Pump.fun, a Solana-based meme coin launchpad, has been filed over alleged securities law violations, and with Solana Labs and the Solana Foundation added to the list of defendants, key ecosystem organizations are under pressure. Even without a ruling yet, markets tend to price in risk prematurely and pull capital, meaning that if macroeconomic conditions worsen, the possibility of prices sliding to $20 cannot be ruled out.
On the other hand, optimism forecasting a rise to $250 is grounded in Solana’s strong network fundamentals. Solana continues to support vibrant on-chain economic activity with fast processing speeds and low fees. Total value locked (TVL) in DeFi applications stands at $7.2 billion, while stablecoin issuance—an essential component of on-chain activity—has reached $13.4 billion. With substantial capital already operating within the ecosystem, analysts argue that sustained long-term inflows could make a $250 price within a few years вполне attainable.
The outlet favors a moderately optimistic outlook for the next 12 months, expecting a recovery after short-term additional declines. Assuming legal risks do not worsen, Solana is expected to undergo a period of consolidation before reclaiming the $120 level. A year-end target of $200 was suggested, with advice that investors who cannot withstand short-term volatility may be better off staying on the sidelines for now.
*Disclaimer: This article is for investment reference only, and no responsibility is taken for investment losses based on it. The content should be interpreted solely for informational purposes.*
<저작권자 ⓒ 코인리더스 무단전재 및 재배포 금지>
|
  많이 본 기사
English 많이 본 기사
최신기사
|
