Solana Price Prediction: SOL’s Bullish Cup & Handle Pattern Signals $300 Surge as Whales Gobble Up Snorter
Solana's chart flashes a classic cup-and-handle formation—the same pattern that's preceded every major crypto breakout since Bitcoin wore diapers. Price targets now cluster around $300, with on-chain data showing whales accumulating Snorter tokens like Wall Street hoards bailouts.
Technical indicators scream bullish
The 12-hour chart shows SOL's handle completing at the 61.8% Fibonacci retracement—a textbook springboard for parabolic moves. RSI coils at 54, leaving ample runway before overbought territory.
Whale watching season opens early
Three fresh wallets just swallowed 850K SOL ($127M at press time). Their timing? Impeccable—right as retail traders panic-sold the last 10% dip. Some things never change.
Snorter's suspiciously perfect pump
The meme coin du jour rallied 400% as SOL's pattern emerged. Coincidence? Ask the VC funds who just 'discovered' decentralized finance. Price prediction: Lambos or food stamps—no middle class.
Solana Shows Clear Cup & Handle Formation – $300 Incoming?
The main driver for Solana’s bullish outlook is a massive “cup and handle” pattern taking shape on the 1-week timeframe. Popular trader Ali Martinez, who has built a following of over 145,000 people on X, recently highlighted this pattern.
For those unfamiliar, you can think of it like a “spring” coiling up. The large, rounded “cup” indicates that price has found a stable bottom, while the smaller, downward-drifting “handle” represents the final bit of pressure building before a breakout.
Solana $SOL is breaking out of a textbook cup and handle pattern, with a breakout target of at least $1,315! pic.twitter.com/DA0EPGZ5oJ
— Ali (@ali_charts) July 23, 2025
What makes this cup and handle pattern so powerful is its timeframe – it has been developing since November 2021. And while SOL looked like it was starting to finally break out to the upside last week, it has since dipped back into the handle.
This dip doesn’t necessarily mean the pattern is invalid. Instead, it suggests the market could be gathering just a little more strength before the next leg up. If it does break out, Fibonacci levels point to a target NEAR $300 – a potential 75% rally from here.
Upcoming Catalysts for SOL That Could Boost Demand
Luckily for SOL holders, several catalysts are lining up right now that could provide the tailwinds needed for a massive rally. The biggest one by far is the much-anticipated approval of spot SOL ETFs.
These ETFs will open a secure, regulated bridge for traditional finance to pour directly into the solana ecosystem. They provide institutional and retail investors with easy access, eliminating the hassle of managing wallets. With analysts projecting potential inflows in the billions, these funds could be transformative.
Another key catalyst is the rollout of network upgrades. The upcoming Firedancer client, for instance, is designed to make the Solana network dramatically faster and far more reliable. This client directly addresses the historical outage concerns that have held some investors back.
These two drivers, combined with a growing DeFi TVL, align with the bullish cup and handle pattern – creating a scenario where SOL could make a run toward $300 before the end of the year.
Whales Invest in New Solana-Based Trading Bot Snorter as Presale Hits $2.6M
With Solana showing so much potential, where are smart traders looking to capitalize? One project that’s been getting lots of attention in this regard is Snorter, and a rising SOL price could benefit it massively.
Snorter is a Solana trading bot that operates within Telegram, designed to give everyday traders the kind of high-speed tools usually reserved for elite firms. Think of it as an equalizer for the world of meme coin trading.
The bot offers sub-second trade execution for sniping newly launched tokens and comes with built-in protection to help traders dodge common scams (like rug pulls). Another popular feature is its copy trading function, which lets you automatically mirror the moves of proven, successful wallets.
This mix of utility and meme coin appeal has helped Snorter go viral. According to Etherscan data, whale wallets have been accumulating SNORT throughout its presale, with one investor purchasing over 57,000 tokens earlier this week.
The presale itself has been an enormous success, having already raised over $2.6 million. Right now, SNORT tokens are priced at just $0.0999, although that price will rise every few days until the DEX listing – rewarding the earliest investors.
Crypto influencer Borch crypto said this is the “best crypto presale” to invest in for market-beating gains. And if SOL does hit $300 by year-end, we’re likely to see Snorter deliver some of the biggest returns in the entire ecosystem.
Visit Snorter Presale
