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$SOL Price Performance Faces Headwinds as Expert Eyes HYPE as Emerging Leader

$SOL price performance could be flipped by Hyperliquid’s HYPE token if the SOL token fails to breach the $180 level, a critical resistance level that has been blocking it for the second consecutive week. Should this scenario unfold, Solana could drop to $140 – $150 level.

A scenario that could make way for the HYPE token to outshine Solana by price performance. Particularly if the Hyperliquid token achieves Arthur Hayes’ projected target of $100.

Hayes made two bold predictions regarding HYPE, the latest one where he forecasted that HYPE could surpass Solana in market value. Earlier on May 22, 2025, the former BitMEX CEO had also projected that HYPE could reach a price of $100, an outlook he shared in response to the viral spotlight on James Wynn’s massive $1.1 billion leveraged position on Hyperliquid.

However, chances are still high for Solana’s price performance to flip the $180 resistance into a support level. At press time, the $SOL token trades at $180.19, where a decisive close above $184 could open the door to upside targets at $264. A break below the resistance level to the $160 range would invalidate the current bullish structure and expose the $140 region.