- Solana (SOL) could hit $420 in 2025 if Bitcoin reaches a new all-time high, according to crypto VC Chris Burniske.
- Despite current skepticism and a dip below $100, institutional interest and strong fundamentals may fuel a future surge.
As the crypto market eyes another potential bull run, one question is grabbing headlines: Can Solana (SOL) hit $420 in 2025? Some experts say yes—if Bitcoin leads the way.
Chris Burniske, partner at Placeholder VC and former crypto lead at Ark Invest, made waves by forecasting that SOL could hit $420 if Bitcoin (BTC) tops out at around $142,069. His prediction hinges on the SOL/BTC trading pair returning to its previous cycle high, essentially placing SOL’s price on Bitcoin’s coattails.
From late 2023 to early 2024, SOL outperformed BTC by a stunning 330%, driven by memecoin mania and rapid DeFi adoption. But since Q2 2024, BTC has reclaimed dominance, with the SOL/BTC ratio sitting about 52% below its cycle peak. Some analysts interpret this shift as capital rotating out of SOL and back into BTC—possibly setting the stage for a bounce-back when the next altcoin season hits.
Also read: Smart Money Dumps 33% of PENGU Tokens, But Traders Predict a 42% Price Rally – What’s Behind the Bullish Outlook?
Polymarket, a decentralized prediction platform, is less bullish. Current odds give SOL under a 30% chance of hitting a new all-time high by 2026. That skepticism may stem from SOL’s dip below $100 in early 2025—its lowest since February 2024—largely due to waning memecoin interest.
Still, long-term fundamentals for Solana remain compelling. VanEck analysts praised its unmatched transaction throughput and growing appeal among developers and corporate treasuries. One example: DeFi Dev Corp.’s recent move to stake $72.5 million worth of SOL in a validator venture.
Narratives like AI and decentralized trading continue to swirl around Solana, potentially drawing in more institutional interest. SOL Strategies, a corporate investment entity, is already leading that charge.
Bottom line? While SOL faces headwinds, its future may still shine—especially if Bitcoin breaks records. Whether $420 becomes reality depends on market sentiment, macro trends, and the unpredictable rhythm of crypto cycles.
