With Elon Musk seemingly stepping back from any involvement with the White House, some crypto analysts believe a classic Dogecoin pump could be just around the corner. According to Santiment founder Maksim Balashhevich, Musk now has more time to engage in the kind of playful Dogecoin promotion he’s become famous for.
Is Elon Musk Gearing Up to Pump Dogecoin?
“Now that Musk and Trump are at odds, we may see Elon return to his usual crypto tactics,” he said, referring to Musk’s long history of fueling DOGE rallies with just a few tweets.
Balashhevich suggests keeping a close eye on Dogecoin’s social media volume. If discussions around the token stay quiet for a little longer, it could set the stage for a dramatic surge especially if Musk decides to rekindle his Dogecoin hype campaign.
Dogecoin saw a massive 200% surge last November, riding the wave of Trump’s election win and a wider market rally. Thereafter, after Musk’s appointment to lead the cheekily named Department of Government Efficiency (DOGE) in January, DOGE piece gained again. However, that rally didn’t last long. DOGE has since given up most of those gains, currently trading around $0.1935, as per the data.
Solana Price to Hit $300 in 2025
While Dogecoin fans hope for another Musk-fueled rally, Solana (SOL) investors have their sights set on a more technical kind of momentum. Despite a recent 13% dip in Solana’s price, analysts at 21Shares remain optimistic. The token is currently hovering near $160, but that could change soon, says Matt Mena, a crypto strategist with the firm.
“A decisive move above the $180 level would open up the path to my short-term target of $200,” Mena explains. Looking further ahead, he believes Solana has the potential to reach $300 by the end of 2025.
The bullish outlook is based largely on the network’s upcoming Firedancer upgrade, slated for release sometime next year, and the global launch of the Solana Seeker phone starting in August.
According to Mena, Solana’s efficiency and scalability make it ideal for consumer-focused applications. “We see Solana becoming the go-to chain for payments, gaming, DePIN, and onchain social—areas where low fees and high speed are critical,” he added.
The network is expected to see a 10x to 100x improvement in transaction speeds after the upgrade, further solidifying its reputation as a high-performance blockchain tailored for retail use.
Whether it’s a Dogecoin pump powered by Musk’s online antics or Solana’s steady climb driven by tech innovation, both tokens are on traders’ watchlists for 2025. Keep an eye on social sentiment for DOGE and technical breakouts for SOL—because the next big move might not be far off.
Also Read: Dogecoin Price Turns Bearish as Elon Musk-Trump Feud Ignites Fear
