Solana (SOL) is one of the most talked-about altcoins this week, its price rocketing thanks to the latest ETF approval odds.
That excitement has analysts setting ambitious targets – and one top trader even predicts SOL could hit $300 this year.
If SOL does reach $300, analysts also expect Solana-linked projects to benefit. Snorter (SNORT) is a name that keeps popping up in these conversations, mainly because its presale is showing signs of going viral.
Why Is Solana Rallying This Week?
Solana is now trading around $162. It has fallen slightly from its high of $168 on Monday, but quickly found support at the $158 level, which is a sign that it could be ready to climb again.
The numbers behind the scenes are just as strong. We’ve seen over $6 billion in daily trading volume, with open interest holding above $4 billion.
This level of interest shows that traders are getting ready for another big move and positioning themselves accordingly.
But the real story is about the spot SOL ETFs. Polymarket says there’s a 99% chance they will be approved this year – basically calling it a done deal.
Also, the SEC is moving quickly and wants updated paperwork by the end of July.
This might lead to a decision as early as August, aligning with what many analysts expect: a wave of crypto ETF approvals later in Q3, with Solana likely being in the first batch.
Solana Price Prediction – Top Trader Says $300 is Coming Soon for SOL
Some big names are making bold calls for Solana. Yesterday, a popular trader on X known as @CryptoCurb, who has a following of over 60,000, said he sees SOL hitting $200 fast, and “$300 will come faster.”
If SOL does reach $300, it will be the highest it has ever been, and approximately 85% higher than its current value.
What could trigger such a rise? The biggest driver would be the massive amount of new capital coming in via the approved ETFs.
ETF issuers would also have to purchase a lot of SOL from the open market, which could cause a supply squeeze that raises the price.
Another key factor is that DeFi protocols and meme coins are seeing an uptick in activity on Solana – which is great for SOL demand. If this trend continues, @CryptoCurb’s $300 price target seems well within reach.
Could Snorter Benefit from Solana’s Rally? SNORT Token Presale Nears $2M
When SOL rallies, other projects on Solana tend to follow. One that’s getting a lot of attention is Snorter, a new presale project that’s already building serious momentum.
The reason for all the hype is that Snorter actually does something. It’s a trading bot inside Telegram designed to help people buy, or “snipe,” new meme coins immediately after they launch on Solana, with plans to expand to Ethereum and BNB Chain.
Snorter Bot gives traders an edge with high-speed buys and protection from common scams (like rug pulls). It’s a simple idea that solves a real problem – and it’s catching on.
Snorter’s presale has already raised over $1.8 million, with early backers taking advantage of the discounted entry point and high-yield staking program.
Unsurprisingly, this presale raise has caught the attention of influencers like The Crypto Mark, who called it the “best crypto trading bot” to use.
He also pointed out that the SNORT token itself is used to get lower fees and better features on the bot – a reason to hold it long term.
And it’s this utility, along with the hilarious aardvark mascot, that has traders believing Snorter could be one of the biggest Solana-linked altcoins of 2025.
