🚀 Analyst Predicts Solana Price Bullish Breakout To $200 🔥
📈 Solana ( $SOL ) has shown strong recovery signs, with analysts predicting a bullish breakout that could push the price above $200. The fading Trump tariff fears and Bitcoin’s rally past $94K are fueling the momentum.
🔺 SOL has traded in a range-bound channel since October 2024, with strong support at $147.48. Analysts from Crypto General highlight an ascending triangle pattern, suggesting growing bullish pressure aiming toward $288.51, and even $350–$390 over the next few months.
🏛️ Institutional demand is rising, with SOL ETF applications pending SEC approval. The expected regulatory clarity could unleash a wave of investment, further boosting Solana’s price.
👨💻 Solana’s ecosystem is thriving, with more developers deploying projects on its blockchain, reinforcing the bullish case. Analysts like Peter Brandt even hint at SOL surpassing Ethereum in the long run.
📊 Technicals also look solid: Bollinger Bands are expanding, and SOL has broken above the upper band — a bullish signal. A falling wedge breakout further suggests a move toward $275 soon.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.