Cryptocurrency Solana SOL has been struggling to regain momentum on the price charts lately. Despite gaining 6% in two weeks, the asset remains down 18% in the past month. SOL started 2025 on a strong note, hitting an all-time high of $293.31 on January 19th. While 2025 saw sporadic success as the asset hovered above the $110 price level, 2024 still proved to be a good performing year.
As Christmas approaches, crypto investors often focus on the holiday season to make crypto investments for the new year. SOL was a hot commodity last year at the start of the new year, but this time it has fallen to near its lowest price in a year. While the mood surrounding Solana and cryptocurrencies may seem bearish, there is also the potential for a valuable buy-on-the-moment scenario. Activity on the Solana network has increased, and SOL trading activity has also increased over the last week. So you know you might be experiencing a SOL pump.
CoinCodex analysts give Solana SOL a Buy rating heading into the Christmas season. Come the new year, SOL could return to the $150 level and begin to grow steadily. “According to our latest Solana price forecast, SOL 11.00% and reach $149.73 by January 3, 2026CoinCodex analysts point out. Additionally, they suggest that this weekend could be the start of a modest bull market heading into the holiday season. The platform expects the asset to reach $139.04 on Sunday, December 7, 2025. To reach $139.04 from current price levels would involve an increase of approximately 1.7%.
Also read: XRP loses all gains after 2024: Will 2026 bring new hope?
Additionally, the Fed could cut rates further later this month. Further rate cuts could lead to an overall market rally. Solana (SOL) could return to the $150 level if interest rates are lowered further, and SOL could remain bullish until 2026.
