Chris Berniski: Solana will reach $ 420 by the end of 2025

Chris Bernisky, a venture partner at Placeholder and former cryptocurrency strategist at Ark Invest, predicted that Solana SOL $154.08 Binance-Peg SOL 4.75% Market capitalization $0.17 billion VOL. 24 hours $0.52 billion could reach $ 420 by the end of 2025. His estimate is based on the assumption that the price of Bitcoin BTC $99,519.39 Bitcoin 2.53% Market capitalization $1.98 trillion VOL. 24 hours $2.18 billion will rise to $ 142,069, a jump that, according to the expert, will potentially entail Solana, given the historical correlations between the two assets.

Analysts identify three key factors that can contribute to the growth of Solana’s value. The first is its ability to support large volumes of decentralized trading, especially in the meme-coin sector. Despite the fact that the token recently dropped below $ 100, a level it has not reached since February 2024, Solana’s technical advantages remain undeniable. VanEck also notes the high efficiency of the network.

The second factor is the growth of institutional interest. For example, DeFi Dev Corp recently acquired a validation business with more than 500,000 staked SOLs, which indicates strategic long-term bets on this asset. Other major players, including SOL Strategies, are taking similar actions.

The third is the dynamics of the SOL/BTC ratio. Between the end of 2023 and the beginning of 2024, this indicator grew by 330%, but later retreated by 52%, indicating an active migration of capital between the two cryptocurrencies. This may indicate the potential for a new impetus if BTC shows rapid growth again.

Despite the optimism of institutions, Polymarket data shows a more cautious sentiment among retail investors — less than 30% of them believe in a new Solana record by 2026. Technical analysis also presents a mixed picture: the token is currently testing its 50-day exponential average, and the support zone is defined in the range of $ 100-$ 120.

The future of Solana may depend heavily on the ecosystem’s ability to generate breakthrough products, especially after the AI boom in 2024. The successful implementation of such projects could strengthen the token’s position and bring Bernisky’s prediction closer to reality.