Solana (SOL) shows strong bullish momentum, eyeing a breakout past $250 towards $400-$500, says CryptoJelleNL.
SOL’s technical indicators like MACD and RSI (at 66.65) support a continued rally for the asset.
Coincodex analysts also predict bullish outcome for Solana, targeting $372-$385 by end of 2025.
Solana (SOL) has once again captured the attention of traders and analysts, showcasing strong bullish momentum as it eyes a significant breakout. As of press time priced at $183, reflecting steady growth with an increase of over 6% in the last week alone. This rally signals renewed investor confidence in the high-performance blockchain after a recent period of market volatility.
More importantly, a combination of technical patterns and market behavior suggests that SOL may be preparing for a breakout that could propel it into much higher price territory.
Crypto analyst CryptoJelleNL believes that once SOL clears the $250 mark, the path toward $400–$500 becomes increasingly likely. This optimism stems not only from the chart setup but also from broader market dynamics favoring resilient digital assets.
It's a good thing I still own a bunch of $SOL.
Onc…
The post Solana (SOL) Price Flexes Bullish Momentum, Analysts Eye Major Breakout Beyond $250 appeared first on Coin Edition.