Samsung Put USDC on Solana for 82 Million Phones. Can SOL Hit $200 by 2027?
Samsung just handed Solana a front-row seat on millions of Galaxy phones, yet ETF money is quietly walking out the door. Which signal will decide whether SOL doubles from here, and what has to break first?
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Samsung Wallet opened USD Coin (CRYPTO: USDC) accounts on Solana (CRYPTO: SOL) for around 82 million eligible Galaxy devices in the U.S. This stablecoin is designed to maintain a stable value of $1, marking an important milestone as it connects Solana with one of the most popular mobile wallets in the country.
Currently, SOL is trading at $92.80, having dipped 2.2% in the past 24 hours and 2.8% over the last week. The cryptocurrency has dropped 23.1% from $120.68 on October 6, hitting a 30-day low of $91.84 on November 2.
Many investors are eyeing $200 as the next target for SOL, which would require a substantial 115.5% increase. But can this phone launch and the recent surge of Solana developments push SOL to that level by 2027?
What Would a $200 SOL Mean for the Market?
Currently, SOL’s market cap is $54.8 billion, ranking seventh among all cryptocurrencies. With around 590.6 million SOL coins in circulation, achieving a price of $200 would mean the market cap would soar to approximately $118.1 billion, more than double its current valuation.
Furthermore, the growing supply adds another layer of complexity. Solana rewards stakers, those who lock coins to help secure the network, with newly issued SOL, gradually increasing the circulating supply. For instance, if SOL reached its all-time high of $293.31 on January 19, 2025, the market cap would approach $173.2 billion. As more coins enter circulation each year, that same price target would require an even larger market cap.
| SOL Price Level | Required Increase from $92.80 |
|---|---|
| $100 | +7.8% |
| $150 | +61.6% |
| $200 | +115.5% |
| $293.31 (all-time high) | +216.1% |
The highest close for SOL over the past year was $167.38 on November 10, 2025, meaning $200 remains above its recent performance.
Potential Catalysts to Boost SOL Toward $200
Samsung Wallet Puts USDC in 82 Million Hands
Samsung developed this feature with Bastion, and Coinbase (NASDAQ: COIN | COIN Price Prediction) Prime is acting as a sub-custodian for the underlying assets. Users will incur a 4% fee when topping up their cards, and New York residents are excluded. Samsung’s October 2026 announcement mentioned partnerships with Solana and Sui.
Integrating USDC into users’ wallets could indirectly benefit SOL. Since transfers on Solana require fees paid in SOL, increased activity from millions of Galaxy users could boost demand for SOL, although Samsung has yet to share specific user or transaction numbers.
Circle and New Projects Continue to Flourish on Solana
Circle Internet Group (NYSE: CRCL) recently reported third-quarter earnings of $865 million, up 17%. This includes $182 million from its ARC presale. Circle also reported significant USDC holdings of $73.9 billion by the end of the quarter.
Additionally, Centrifuge launched tokenized access to a Schroders emerging-markets bond strategy on Solana. Meanwhile, ZetaChain’s Proposal 2 closes voting on November 7, and if it passes, ZetaChain says its chain would stop around December 9 as ZetaChain (CRYPTO: ZETA) moves one-to-one to a native Solana token.
ETF Investor Activity Has Slowed
As of November 2, 3, and 4, U.S. spot Solana ETFs saw no net inflows. The biggest drop was on October 29, with outflows totaling $27.7 million. Total net assets have decreased from $1.93 billion on October 6 to $1.40 billion by November 4.
Solana represents a 7.7% weight in T. Rowe Price’s benchmark index, determined by the index’s structure rather than any direct position held by the fund. A series of positive inflow days could indicate renewed interest from fund managers.
Solana Price Prediction FAQ
Is Solana a Good Investment Now?
Solana shows mixed signals for potential investors. While everyday usage is expanding via Samsung and Circle, ETF demand has stalled, and SOL is trading below its 50-day average of $108.58.
Will Solana Reach $200 Again?
It’s possible, but SOL would first need to surpass $120.68 and then clear $167.38, levels it hasn’t reached in the past year.
What Is the Solana Price Prediction for 2027?
In an optimistic scenario, increased usage through Samsung and ETF inflows could help SOL approach $150. On the downside, it might slip toward its 200-day average of $88.93.
Can SOL Hit $200 by 2027?
The chances of SOL reaching $200 by 2027 appear low. Although having 82 million phones could enhance Solana’s visibility, price growth hinges on attracting buyers, and the gap to $200 represents a 115.5% rise. SOL would need to recover $100 and the 50-day average, close above the October high of $120.68, and see ETF inflows turn positive for several weeks. Only once SOL surpasses $150 could the $200 conversation become more realistic.
There are also emerging risks. Loopscale, a Solana lending protocol, paused all activity on November 5 because of over 30,000 malicious API requests daily, though it confirmed no deposits were lost. A daily close above $120.68, coupled with positive ETF inflows, would make $200 far more credible.
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Sam Daodu is a crypto analyst and the editor of 24/7 Wall St.'s Crypto Desk, where he covers Bitcoin, XRP, Ethereum, Solana and the altcoins investors search for most. His work focuses on price levels, spot ETF flows, on-chain data and the regulatory decisions that move crypto markets, written so a first-time buyer and a seasoned trader can both use it.
Sam has written about crypto professionally since 2019 and has published more than 2,000 articles. Before joining 24/7 Wall St., he wrote for crypto media outlets and Web3 companies and ghostwrote for crypto founders and token launches. His analysis is syndicated on Yahoo Finance, MSN and AOL and has been cited by other crypto news sites. He also founded MacLabs Marketing, a content and personal branding agency for crypto founders and executives.
When he isn't reading charts, Sam is usually at the gym or watching One Piece, a series he maintains has better tokenomics than most altcoins.
