TOP Forex Brokers

TOP CFD Brokers

TOP Crypto Brokers

TOP Stock Brokers

Solana Price Prediction: Will SOL Break Past $200 as Bulls Regain Control?


Solana (SOL) is back in the spotlight, rallying toward the crucial $200 mark after staging a steady recovery. Currently hovering around $178.73, the token is showing strong technical structure, a rising pattern supported by healthy volume and improving sentiment. Unlike most altcoins stuck in sideways movement, Solana is gaining traction fast, sparking renewed attention across crypto circles.

With Bitcoin range-bound near $106,000, some traders are rotating capital into high-upside names, and Solana is topping that list.

Solana Technical Setup: Will the $200 Wall Finally Crack?

The chart paints a bullish picture, and traders are watching this one closely:

  • SOL is trading at $178.73, within striking distance of the $185–$200 resistance zone that blocked gains in March.
  • RSI at 65.45 suggests buyers are in control but edging toward overbought territory.
  • MACD is still flashing green, with a clean gap between the MACD and signal lines — a sign that momentum remains intact.
  • Key resistance is now layered at $185 and $200, where sellers have previously stepped in.
  • Below, support holds at $162, and further down, $147 marks a strong demand base where buyers have historically regrouped.

Unless we see a sharp rejection around $190, the structure favors an attempt at reclaiming $200.

What’s Fueling Solana’s Rally?

Three key drivers are feeding into this rally:

  • Volume Spike: Trading activity has surged more than 30% this week, confirming real market interest.
  • Altcoin Rotation: Bitcoin’s stall near $106,000 has pushed traders toward high-beta altcoins, with Solana benefiting directly.
  • Ecosystem Recovery: Developers are re-engaging with the Solana chain, citing improved network stability and low-cost transactions.

These fundamentals, paired with broader risk-on sentiment, make Solana one of the top contenders for a major upside breakout this week.

Outlook: Solana Bulls Eye $220

The real test lies just ahead. If SOL breaks cleanly above $200 with volume to back it, the next target is $220, where the token topped out earlier this year. But if the rally stalls or Bitcoin takes a dive, a pullback to the $150s range remains in play.

For now, the momentum is undeniable, and Solana looks like it wants more

The post Solana Price Prediction: Will SOL Break Past $200 as Bulls Regain Control? appeared first in UK on InvestingCube.

Content
Outline

Discover more from FX Live

Subscribe to get the latest posts sent to your email.

Discover more from FX Live

Subscribe now to keep reading and get access to the full archive.

Continue reading