On January 20, 2025, Solana hit a new all-time high of 290 USD, showing an 18.8% increase recently, while major competitors remained stagnant.
The performance is linked to Bitcoin and recent events, including a Trump-backed memecoin. Analysts set price targets at 331.9 USD and 373.6 USD for upcoming weeks.
Liquidity has significantly increased, suggesting strong upward potential. Recent movements indicate the possibility for Solana to continue its rally beyond 400 USD.