<ul><li>Solana's price has experienced a decline and is currently trading 56.8% below its all-time high.</li><li>Despite the recent drop, CoinCodex predicts that SOL could reach $500 in 2025.</li><li>Key factors to watch for Solana's price trajectory include regulatory developments, competition from other blockchains, and market adoption and institutional interest.</li><li>Regulatory clarity and the success of Solana in differentiating itself from Ethereum are important factors for its future performance.</li></ul>

Can Solana Reach $500 in 2025? Key Factors to Watch for SOL

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