Solana (SOL) seems to be entering another bullish phase as it reclaims the $220 mark for the first time since late January of this year. The asset fell to a low of $105 in April, but has since slowly rallied its way back up. According to CoinGecko data, SOL’s price has rallied 0.8% in the last 24 hours, 5.7% in the last week, 9.2% in the 14-day charts, and 20.9% over the previous month. SOL’s market cap is also inching closer to the $120 billion mark. In this price prediction article, let’s discuss if Solana (SOL) can hit $250 next.

Solana Price Prediction For September 2025: Is $250 In The Cards?

Solana (SOL) has not only seen a bullish price reversal, but the project’s TVL (total value locked) has also risen to an all-time high above $12 billion. The bullish developments may propel the asset to the $250 price point.

According to CoinCodex SOL price prediction, Solana will continue to rally over the coming days. The platform anticipates the asset to hit $246.29 on Nov. 20. Hitting $246.29 from current price levels will entail a rally of about 11.52%. CoinCodex analysts do not believe SOL will hit the $250 mark anytime soon.

There is also a possibility that Solana (SOL) will reclaim the $250 mark, contrary to CoinCodex’s analysis. There is a very high chance that the Federal Reserve will reduce interest rates by 25 basis points after its next meeting. A rate cut will likely lead to a surge in risky investments as borrowing becomes easier. Solana (SOL) and the larger crypto market could benefit under such circumstances.

Also Read: SOL Strategies Becomes First Solana Treasury to List on Nasdaq

There are also several Solana (SOL) ETFs awaiting approval at the SEC. An ETF approval will further boost SOL’s chances of hitting a new all-time high. SOL is currently down by 24.7% from its peak of $293.31, which it attained in January of this year.