After following a downtrend for the last two weeks, the Solana price has shown two consecutive green candles. This aligns with Ali Charts’ analysis of the SOL price, which cites the TD Sequential indicator to create a buy signal for the crypto.
With the community now saying that the “rebound mode is activated” for Solana, the best crypto to buy now could be Solana and other similar projects.
Solana on the Rebound – Analysts Predict Further Highs
The information about Solana’s latest price analysis comes from Ali Charts, which has said that a potential buy signal has been activated.
The core of this forecast is the TD Sequential indicator, which is a technical analysis methodology that identifies potential price exhaustion and trend reversals.
The indicator consists of two phases: the setup and the countdown. The setup consists of 9 consecutive candles that close higher than the close 4 candles earlier. In Solana’s case, the TD 9 (9th candle of the first phase) was printed on June 9th, which indicates that the downtrend is near exhaustion. Following that is bar 1, which shows a new setup and has closed higher than the candle before it, indicating a bounce is on the way.
That said, the TD Sequential indicator is not a guarantee of a trend reversal. Investors must focus on the next few days. If the upward momentum persists after 4 bars, then the Solana price may continue to reach new highs.
Ali’s analysis has gained a lot of traction on X, with many saying that the rebound mode is now on. However, it is not clear whether this bounce will bring short-term relief or be enough to push the SOL price past its recent highs.
Is Solana a Good Buy Right Now?
Another analysis of the Solana price shows that it has entered a clear period of downtrend, with the descending channel in the chart below showing lower highs and lower lows. The horizontal support zone for the token is between $141 to $144, an area from which the SOL price has bounced recently.
It aligns with the TD 9 exhaustion signal. Furthermore, SOL has broken out of the short-term trendline only slightly. If the price is able to persist above $144 and push past the $152 mark, it will break out of the falling wedge, creating a bullish reversal pattern. This will make the $160–$164 zone the next target.
However, if Solana fails to break $153 and falls back to its horizontal support, it could again set up an attempt to retest $141. A fall below $140 could push the Solana price into the $130–$135 area.
These analyses show that Solana is currently in a high-risk, high-opportunity zone. The falling wedge is near strong support, the TD Sequential indicator is showing a buy signal, and the volume pattern is supporting a bounce.
From a development perspective too, Solana has been forming new partnerships. Recently, lending platform Maple Finance expanded to the Solana blockchain to introduce its yield-bearing stablecoin, syrupUSDC.
These factors show that Solana and Solana-based cryptos could be smart picks right now.
Best Crypto to Buy Now with Solana on the Rise
With Solana prices on the rise, the obvious options for this “best crypto to buy now” list are Solana-based ICOs that focus on use cases.
Solaxy
Solana is growing due to a combination of people who want it to become the “best blockchain ever” and those who see the value in the meme coins created on it. However, people aren’t blind to the existing issues of the chain, especially those that could harm its scalability.
Therefore, Solaxy has emerged with an innovative solution, providing Solana’s first L2 chain that could make it more stable, while adding speed and accessibility like never before.
Solaxy achieves its L2 goals by using ZK Rollups and Celestia, with the former offering off-chain transaction services and the latter offering stability to its L2. Since a bridge is required as well, Solaxy is also equipped with a Hyperlane.
Solaxy has already made its testnet live, which investors can connect to via the Backpack wallet. With it, users can bridge SOL, transfer assets across the rollup, deploy smart contracts with Solana’s native toolchain, and explore the on-chain activity.
Hey Solaxy Community it’s here.
The Solaxy Testnet is LIVE. Your first chance to interact with Solana’s first Layer 2 and experience the speed, scale, and simplicity Solaxy brings. 
Connect via Backpack Wallet:https://t.co/FBrV3FohC8
You can:
– Bridge SOL (Solana… pic.twitter.com/FQY9AIwSdx
— SOLAXY (@SOLAXYTOKEN) June 2, 2025
A strong part of the project being live already shows that Solaxy aims to provide true utility to SOL investors, despite highlighting itself as a meme coin.
As a meme asset, it has focused on vivid imagery involving the biggest intellectual figures of the past turned into the biggest memes. The mascot of the project itself is Pepe Einstein. Having two faces — one memetic and the other with utility — makes Solaxy a smart pick for both short-term and long-term gain seekers.
Bitcoin Hyper
Similar to the crypto mentioned above, Bitcoin Hyper is a new blockchain aimed at making Bitcoin more utility-focused with its own L2 solution.
The project has already highlighted a complete mechanism involving a strong interaction between Bitcoin Hyper and Bitcoin, enabling fast transactions at low fees.
Three technologies have been adopted to make this possible: the L2 scaling solution, Solana Virtual Machine, and a Canonical Bridge.
The L2 scaling solution is designed to help Bitcoin scale with growing demand. With the Solana Virtual Machine, Bitcoin Hyper aims to make the Bitcoin network more open to new advancements, such as decentralized apps, DeFi use cases, and more.
To make that a reality, a bridge has to be established between the Bitcoin network and the L2 chain devised by Bitcoin Hyper. This is the job that the Canonical Bridge serves.
Bitcoin Hyper has gone into great detail to explain its technological aspects in its whitepaper. The imagery portrayed on the official website, involving a Pepe dressed as a superhero, also reflects the project’s memetic appeal.
Snorter
Snorter is another Solana-themed crypto that could gain from Solana moving up the price charts. Designed as an automated crypto sniper, Snorter has already established a healthy presence on Telegram, offering users ways to quickly find and invest in Solana-based meme coins that emerge nearly daily.
Snorter uses its aardvark theme to highlight its concept, likening the act of grabbing the best meme coin investment opportunities to “snorting.” And just like an aardvark’s snout is able to filter out bad elements, Snorter’s automated sniping tool is equipped with multiple protection features.
These include rug pull protection, honeypot detection, and order limiters.
For those who want to follow in the footsteps of real traders, Snorter also features copy trading.
For now, Snorter’s focus—since it is built on the Solana Virtual Machine—is on Solana-based meme coins. With time, however, additional chains such as Ethereum and BNB will also be added.
Up-and-coming YouTuber Crypto ZIP has also talked about this unique ecosystem. The mix of memes and meme-based cryptocurrency investment opportunities is the highlight of Snorter, one that could boost its value in the long term.
Conclusion
Solana’s TD Sequential indicator showing a bullish reversal pattern indicates that new Solana investors may be joining soon. However, Solana’s worth isn’t just within its core ecosystem, but also in the meme coins that leverage its technology.
Therefore, the best crypto to buy now could be one of the Solana-based meme coins that strike the right balance between utility and memes, which is why this article has highlighted three of the top ones.
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