$SOL Key Insights:

  • Solana price broke resistance with a cup-and-handle pattern targeting $280–$300.

  • Wallets with over 0.1 SOL hit 11.44M, showing record network adoption.

  • Whale spent 7,980 SOL ($1.24M) on a meme coin, signaling rising ecosystem confidence.

Solana price is signaling a strong bullish setup after breaking key downtrend resistance levels. Several analysts currently anticipate a significant rally in the future, driven by both technical breakout structures and thriving on-chain demand.

As SOL price trades near $151, the latest data suggests it could be heading toward the $280–$300 target range.

Solana Price Targets $280–$300 After Cup-and-Handle Breakout

Solana price action has officially broken out of a long-term descending trendline, completing a cup-and-handle formation. This new breakout, which was confirmed at the $150 level, is a major technical transition.

Analyst Alek Carter referred to such a setup as the best chart he had ever seen, and expects the measured move to $280, or $300.

The chart showed a rounded bottom structure labeled “deep dive,” followed by consolidation and a clean breakout. Carter emphasized that this breakout isn’t speculative but backed by Solana’s growing network utility.

His target area is based on classical chart theory, where the cup height is the potential rally extension.