Recently, there have been some interesting price movements in the crypto markets: we are talking about Filecoin, Aave, and Solana, and today we will conduct an in-depth analysis.
Filecoin, Aave e Solana: the crypto that stand out
FIL is the token of the crypto project Filecoin.
It landed on the crypto markets back in 2017, during the second-to-last major bull run (the last one was in 2021).
The trend of its price over the long term is definitely disappointing, if not even worrying, something that seems to be confirmed by what has happened in the last few days.
Suffice it to say that the initial price, in December eight years ago, was over $11, while today it is just above $2.
However, since the debut on the crypto markets occurred in the midst of a bubble, it is better not to take the initial value as a reference, but the one after the burst of that bubble. Well, during the subsequent bear-market, it fell just below $3, only to start a remarkable rise at the end of 2020.
During the great speculative bubble of 2021, its price soared to reach an all-time high of even 237$, but obviously in 2022 that sensational bubble burst.
The fact is that the subsequent bear-market, the one that started in 2022, seems to still be ongoing.
The year following the great bubble of 2021, the price fell again below $3, practically the same level reached in the bear-market four years earlier, but the real problem came afterward.
In fact, despite three other mini-bubbles, it has never really managed to remain steadily above $3, although it did reach a peak in 2024 above $10.
The year 2025 risks being a terrible year for FIL, given that after the burst of the mini-bubble at the end of 2024, the price not only returned to $3, but starting from the end of May, it seems to have begun a new downward path that has already brought it close to $2, which is not very far from the all-time low (1.8$ in August 2019).
In the short term, it is continuing to record movements that can be considered interesting for scalpers, but in the long term, the performance is truly poor.
Analysis of Aave Price
A very different discussion is the one concerning AAVE, which is the token of the crypto project Aave.
First of all, it debuted on the crypto markets only in 2020, just before the last big bubble started to inflate.
In 2021, it went from the initial $52 to a historic peak of $666, still unbeaten, but it is what happened afterward that is truly interesting.
In fact, with the burst of the bubble, the price first dropped to $54 in 2022, and then the following year returned exactly to $52. In other words, between 2022 and 2023, all the gains obtained thanks to the great bubble of 2021 evaporated.
But, unlike Filecoin, the price of Aave at the end of 2023 has recovered significantly.
First, it rose above $120, and then in 2024, it climbed above $160 even before the Trump trade.
With the mini-bubble generated at the end of the year by the Trump trade, the price of Aave managed to climb even above $380, for a brief moment, and despite the burst of this mini-bubble in 2025, it has never again fallen below the $120 mark that it reached back in 2023 with the first rebound following the last major bear-market.
It should not be forgotten that the crypto project Aave is absolutely one of the main ones in the world in the DeFi field, and although the price of its token does not necessarily always perfectly reflect the trend of the crypto project, it often ends up reacting positively to this trend when it is positive.
And so, despite the burst of at least three bubbles, of which two are mini, the long-term trend of the price of Aave for now is clearly positive.
The trend of the price of Solana
The trend of the price of Solana is currently one of the major uncertainties of the crypto market.
Solana is now the main crypto network used by memecoins, and the price of its native cryptocurrency, SOL, positively reflects this factor.
The point, however, is that, in theory, it might have also inflated a bit too much during the last mini.bubble.
SOL debuted on the crypto markets in 2020, just a few months before Aave.
The initial price was really very undervalued, so much so that during the great bubble of 2021 it soared, going from less than $2 to more than $200 in less than twelve months.
That bubble obviously then burst, but during the bear-market of 2022 the price always remained well above $2.
Furthermore, at the end of 2023, precisely thanks to the beginning of the shift of the memecoin market from Ethereum to Solana, it marked a first sensational rebound that took it in five months from $20 to $190 in March 2024, which is not far from the all-time high of 2021.
With the Trump-trade at the end of the year, it even managed first to climb back above $200, and then to mark the new all-time high in January 2025 at almost $300, not coincidentally following Trump’s announcement of having issued his own memecoin right on Solana.
In the following months, however, even that mini-bubble burst, with the price dropping to almost $100, which is much lower than the $190 of March 2024.
The recent rebound has brought it back to only $150, so at this moment one wonders if the bubble due to the Trump-trade was not excessive.
It must be said, however, that Solana continues to dominate the memecoin market unchallenged, and the memecoin sector always eventually recovers, although often not with the tokens that have already recorded stellar performances in the past but with new tokens that have not yet ridden a great speculative bull.
