Solana could end crypto market limbo rally, eyes $150
Crypto market uncertainty results in negative year-to-date returns for altcoins in the top 10, including Solana. Amid traders’ fearful sentiment and the economic fallout from President Donald Trump’s tariff announcements, Solana bucks the market-wide decline with a steady climb in the past 10 days.
Solana (SOL) price could receive a boost from the U.S. Federal Reserve’s decision to start reducing interest rates again soon. Traders expect three to four quarter percentage point cuts in 2025.
Solana price forecast
Solana ended its downward trend on March 10 and has been consolidating around $135, a key level for the Ethereum alternative token.
At the time of writing, SOL trades at $138.75.
SOL…
