A recent analysis by market expert Edward suggests a significant price increase for Solana, a leading cryptocurrency. The token is anticipated to experience a surge in value ranging from two to five times by the end of 2025.
This potential growth is attributed to various factors, including Solana's narrow consolidation range, which indicates that the cryptocurrency is ready for a breakout. This technical aspect is bolstered by the token's strong position in the decentralized finance (DeFi) ecosystem.
Industry experts have pointed out that Solana exhibits organic growth, a crucial element driving its expected price increase. This growth, alongside Solana's notable standing within the DeFi sector, lays a robust foundation for future valuation gains.