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Solana (SOL) Bullish Breakout: How Solana Price Could Surge to $290 in 2025

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  • Solana has rebounded from a low of $96, now trading at $149.42, showing a nearly 10% increase this week.
  • Technical indicators suggest strong bullish potential, with price targets at $196.22, $238.80, and $290.16.
  • The broader crypto market recovery supports Solana’s outlook, with potential upside of up to 90%.

Solana (SOL) is positioning itself as one of the top cryptocurrencies to watch in 2025, with signs pointing toward a major bullish breakout. After a period of market volatility, Solana has demonstrated remarkable recovery, and its price is showing signs of substantial growth. Here’s an in-depth look at the factors driving Solana’s potential upward movement and what investors should expect in the coming months.

Solana Solid Rebound from Recent Lows

Recently, Solana’s price hit a low of $96, prompting concerns among traders. However, the cryptocurrency has staged a powerful rebound from this level, indicating a strong reversal. As of the latest market update, SOL is trading at $149.42, reflecting nearly a 10% increase over the past week. In the last 24 hours, SOL has gained another 0.16%, maintaining stability above its key support levels.

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Solana (SOL) Bullish Breakout: How Solana Price Could Surge to $290 in 2025 3

This steady performance indicates that SOL is building momentum for a significant upside breakout. Analysts are now closely monitoring SOL’s price action as it holds above crucial support, offering a promising outlook for future gains.

Can SOL Reach $290?

Technical indicators are increasingly pointing toward a bullish scenario for SOL. According to recent analysis from Rose Premium Signal, SOL has formed a strong reversal pattern at its key support level. This suggests a potential breakout, with the cryptocurrency likely to gain significant traction in the coming weeks.

The breakout is supported by the broader recovery seen across the cryptocurrency market, as major assets like Bitcoin (BTC) and Ethereum (ETH) show renewed strength.

Solana (SOL) is projected to experience notable price gains, with key targets set at $196.22, $238.80, and $290.16, indicating a strong potential for growth in the near future.

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If Solana reaches these levels, investors could see a potential upside of up to 90% from its current price. This makes SOL an attractive option for investors seeking high-risk, high-reward opportunities within the cryptocurrency space.

With its recent rebound from the $96 low and technical indicators suggesting a strong bullish trend, SOL is primed for a significant breakout in 2025. As the cryptocurrency ecosystem continues to recover, SOL’s price targets of $196.22, $238.80, and $290.16 appear within reach, making it a top cryptocurrency to watch for potential high returns.

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Solana (SOL) Price Surges 14%: Breaks Key Resistance and Eyes $330 Target

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  • Solana (SOL) has surged nearly 14% in the past week, riding a broader altcoin rally driven by Bitcoin’s recent surge.
  • Significant whale activity, including a $30.44 million deposit into a DeFi platform, highlights strong institutional confidence in Solana’s future.
  • With a breakout from its downtrend and reclaiming support levels, analysts are targeting $330 for Solana’s next major price level.

Solana (SOL) is experiencing a strong uptrend, breaking crucial resistance levels and positioning itself for even higher price targets. Over the past week, Solana has surged nearly 14%, signaling robust bullish momentum in the cryptocurrency market. This rise comes as part of a broader altcoin rally, fueled by Bitcoin’s recent surge, which has lifted the entire market, including SOL, to new highs.

As of the latest market data, SOL’s price stands at $218.84, reflecting a 7.31% increase in the last 24 hours. With a 24-hour trading volume of $26.34 billion and a market capitalization of $105.96 billion, Solana is cementing its place as a dominant player in the crypto space. SOL’s impressive performance signals strong investor confidence and continued bullish sentiment.

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Solana (SOL) Price Surges 14%: Breaks Key Resistance and Eyes $330 Target 7

Whale Activity Signals Strong Solana Demand

Recent on-chain data from Spot On Chain has revealed significant whale activity surrounding SOL. A prominent whale recently spent 2.49 million USDC to purchase 11,824 SOL. Shortly after, the whale withdrew 18,527 SOL (worth around $3.94 million) from Binance and deposited the funds into Kamino, a decentralized finance (DeFi) platform, to borrow stablecoins. This type of whale activity suggests that institutional investors are increasingly confident in SOL’s price potential and are positioning themselves for further gains.

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Solana (SOL) Price Surges 14%: Breaks Key Resistance and Eyes $330 Target 8

In total, the whale has deposited 144,817 SOL (valued at approximately $30.44 million) into Kamino, borrowing a substantial $20 million in stablecoins. This high-level activity demonstrates that whales believe SOL’s value will continue to rise, and they are actively taking advantage of its bullish price movement.

Solana’s Breakout and Future Price Targets

Crypto analysts are also optimistic about SOL’s future. Notable crypto analyst Jelle highlighted that Solana has broken free from a long-standing downtrend, successfully reclaiming its monthly and weekly support levels. This technical breakout, coupled with strong price action, signals that SOL is now in a prime position for future growth.

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Solana (SOL) Price Surges 14%: Breaks Key Resistance and Eyes $330 Target 9

Jelle’s analysis suggests that SOL’s next major target is $330, a price level that many traders and investors are eagerly watching. As the market continues to favor bullish momentum and altcoins like SOL gain traction, the $330 target seems within reach.

Several factors contribute to Solana’s bullish outlook. First, the overall cryptocurrency market is in a strong upward phase, with Bitcoin’s recent surge acting as a catalyst for altcoins like SOL. This increase in demand for SOL is further evidenced by whale activity, which often signals strong market confidence.

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