Solana (SOL) has had a rough patch lately, but traders haven’t stopped betting on its comeback. Since late March, a live Polymarket poll has been tracking predictions on where SOL’s price will land by the end of April — and the results are turning heads.
Right now, SOL is trading at around $113, a steep drop from its January high of nearly $300. Initially, many feared it could crash to $80, but the latest data shows a shift.
Traders are now putting their money on $150 as the most likely target, with 22% of the votes and $181,323 in wagers. That’s higher than the 20% betting on a drop to $80, where the volume is $434,673.
Solana’s been having a rough ride lately. The hype around memecoins and DEXs like Orca and Raydium seems to be cooling off.
Since January, the total value of memecoins on the network nosedived from $30 billion to just $5.6 billion. And when it comes to DEX trading volume, Ethereum is still ahead—$57.9 billion in the past month compared to Solana’s $45 billion.
But it’s not all bad news. There are signs that major players still believe in Solana’s future. Janover recently grabbed some SOL, and Blackrock is quietly expanding its investments on the network. So, while things look shaky on the surface, the long game might still be strong.
Polymarket’s poll shows $150 is gaining traction as the price most traders expect, beating out lower predictions like $80. Other bets, like $170 (10%), $190 (4%), and higher targets up to $300, have less support and smaller wager volumes.
For now, $150 seems to be the number to watch as April approaches. Will Solana rebound, or will the Bears take over? The market’s verdict is still out, but the bets are telling.
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