SOLANA PRICE TARGET $180-$200 !
Solana's current price is $159.80, with an 8.97% increase, and its market cap stands at $76.34 billion. Given the recent surge and positive market sentiment, reaching the $180-$200 target seems feasible. Here's why :
Institutional Interest: Galaxy Digital has withdrawn nearly $77 million worth of SOL from exchanges, signaling confidence in Solana's potential. Large wallet accumulation is also on the rise, with a 1.53% increase in wallets holding 10,000 or more SOL.
Technical Setup: Solana shows a bullish breakout potential with a key level at $155. If SOL can break above it and hold, the next targets around $180 and $200 could be within reach. The inverse head and shoulders pattern also suggests a shift in trend.
On-Chain Activity: Solana's network is showing signs of real usage, with its highest daily revenue since February 21. The rise in transaction fees and user engagement supports sustainable rallies.
DEX Volumes: Solana's DEX volumes have surpassed $500 billion in 2025, outperforming other layer-one networks. This surge in activity may fuel an explosive price rally.
ETF Approval: The odds of Solana ETF approval have climbed to 90%, which could bring in mainstream capital and institutional flows, further boosting the price.
Key Levels to Watch:
Resistance: $160-$165 and $180-$200.
Support: $141 and $140
Market Sentiment:
Long/Short Ratio: 1.05, indicating more traders are opening long positions.
Open Interest: $5.84 billion, approaching a two-week high .#StripeStablecoinAccounts $SOL