After a year of strong recovery, Solana ($SOL) is accelerating back to the power of 'high-speed public chains'. The current price is stabilizing around $179, with on-chain activity continuously hitting new highs, bullish sentiment is heating up, and both institutional and retail funds are strongly flowing back. As structural startup signals gradually become clear, challenging the historical high of $290 by year-end is just a prologue, and the potential to surge to $460 is being repriced by the market.
Triple positive resonance, SOL opens a high elasticity upward channel
1 | On-chain activity fully explodes
The DeFi, NFT, and DePIN sectors of Solana erupted again in Q2, with daily trading volume surpassing Ethereum, truly earning the title of 'most active public chain'. User enthusiasm and the influx of developers are driving the accelerated release of ecological value.
2 | Hot money returns to the US stock market, penetrating mainstream circles
As Solana's ecological projects frequently appear on mainstream financial channels like CNBC and Bloomberg, themes of AI, blockchain games, and memes continue to attract FOMO from American retail investors, making SOL seemingly 'the cryptocurrency most familiar to US retail investors'.
3 | Institutional funds increase positions, locking in long-term bullish expectations
Traditional funds such as Grayscale, Pantera, and Multicoin Capital have increased their holdings in SOL, frequently mentioning it in public documents as 'the optimal alternative to Ethereum'. High elasticity + low valuation is attracting capital to reprice.
The eve of the technical structure explosion, $460 is already in the technical logic closed loop
The triple bottom pattern has been completed, with $179~$180 becoming a key support level for bulls.
If it effectively breaks through $186~$190, it will open up a retracement space of $220~$250.
Once the previous high of $290 is broken, the technical structure will present a 'cup-and-handle' pattern, with a target price projected to the $460 range.
The bull market time window is expected to officially open in July-August, combined with the expectation of a year-end halving rally, the timing for SOL's explosion has become very clear.
Investment strategy advice (for reference only)
Short-term: A breakthrough above $180 can be actively followed, with the first target set at $220~$250;
Medium-term: The previous high of $290 becomes a watershed for bulls and bears;
Long-term: Year-end target raised to $460, with potential upside exceeding 150%, becoming one of the main assets in the bull market.
From a low of $8 to the current $179, Solana has proven its doubters wrong. Now, with a solid ecosystem, strong capital, and active narratives, 'the return of the king of high-speed public chains' is no longer a slogan but a consensus. When the market wakes up again, SOL is no longer a multiple-choice question but a trend question.
$290 is the past, $460 is the future. While you are still waiting, others have already boarded.
