- Safemoon forecast mixed despite recent migration to Solana.
- SFM price is down, but technical signals hint at a rebound.
- Community remains bullish, but real-world use is still lacking.
Safemoon (SFM) cryptocurrency has been under immense bear pressure for the longest time, prompting investors to question whether the Safemoon forecast offers any hope.
The digital token, once celebrated for its community-driven appeal, has struggled to regain upward momentum.
Now, after completing a major transition to the Solana blockchain, many in the crypto space are eager to know: can the SFM coin make a comeback?
Speculation after SFM migration to Solana
In April 2025, Safemoon completed its long-awaited migration from its old contract to a new one built on Solana.
The team officially shut down the previous V2 contracts on April 11, marking a pivotal shift in the project’s technical infrastructure.
The $SFM migration to @solana is officially complete!
The v2 contracts have been shut down.
Hopefully, you came along with us! There is an amazing future ahead.
Early next week we will be spinning up the Steering Committee chat for everyone to view and moving towards full…
— SafeMoon (@safemoon) April 11, 2025
This migration was aimed at enhancing speed, scalability, and overall user experience.
However, while the move has energised a section of the community, it hasn’t yet translated into significant price gains.
As of July 28, the SFM token was trading at $0.000008534, down 29.2% over the past month and down 79.2% over the past year.
Nevertheless, despite the bearish trajectory, the Safemoon community remains optimistic that the move to Solana will lay the groundwork for future utility and adoption.
Safemoon forecast: looking at the technical signals
Technical indicators currently paint a mixed picture for the SFM coin.
According to Bollinger Bands analysis, the Safemoon price is sitting at the lower band.
This typically signals an oversold condition and could hint at a buying opportunity. However, caution is still advised.
In addition, the Bollinger Bands are unusually wide, highlighting the heightened volatility surrounding the asset.
Interestingly, Safemoon’s price recently dipped below the lower band before recovering into the band’s range.
That quick…