$SOL
🚨 SOL Price Prediction: Analysts Eye $350 as Key Milestone 🚨
Despite the recent pullback in Solana, the crypto community remains bullish as the altcoin shows the preparedness to break past its accumulation zone of $115-$190. Market analyst Crypto Spaces noted that once the SOL price crosses the critical resistance of $200, the next major target of $350 would come very early.
This potential rally is drawing attention from traders, with the surge in engagement activity, including rising demand for Solana meme coins. Amid today’s crypto market sell-off, top Solana meme coins like Fartcoin, BONK, and dogwifhat (WIF) are also facing selling pressure at the moment.
Looking at the Solana derivatives data from Coinglass, the SOL futures trading volumes remain steady at $6.5 billion while the 24-hour liquidations have $12 million, of which $11 million is in short liquidation.