Solana Eyes New All-Time High—If This Bullish Catalyst Ignites

Solana's price chart flashes a tantalizing wave pattern—one that could send it soaring past previous peaks. But here's the catch: the rally hinges on a single make-or-break trigger.

Technical traders are circling like sharks, watching for that decisive breakout. Meanwhile, retail investors cling to hopium—because nothing fuels crypto like a mix of FOMO and vague technical analysis.

Will SOL defy gravity again? Or will it join the graveyard of 'sure thing' plays that got rekt by leverage liquidations? The market's about to vote with its wallet—and as usual, the whales will count the ballots.

Solana Price Prediction: Inverse Head and Shoulders Pattern Supports Move to $225

Solana’s daily chart shows confirmation of an inverse head and shoulders pattern that has been forming since early March.

The price broke out above the neckline at $148 with strong trading volumes. However, the token encountered strong selling pressure at $185 and retreated off those levels two times in just a few days.

As a result, the market has now retested and bounced off the neckline again. This could be the decisive MOVE that pushes SOL above the $185 resistance if positive momentum accelerates.

The outcome of the United States negotiations with China on the trade front today could either make or break this pattern’s bullish bias depending on what happens.

However, based on technical indications solely, the price action supports a bullish Solana price prediction with a target set at $225 based on the size of the inverse H&S’s head.

Meanwhile, as Solana’s meme coin and DeFi ecosystem keep expanding, the network needs to strengthen its infrastructure to keep up with rising transaction volumes.

Solaxy (SOLX) is a layer-2 scaling protocol that addresses the congestion issues that have plagued the solana blockchain in the past and it is currently the hottest crypto presales of the year having raised more than $46 million in just a few months.

Only One More Week to Invest in Solaxy (SOLX) at Its Discounted Presale Price

Solaxy (SOLX) has entered the last week of its presale event with $46 million raised.

This layer-2 scaling solution has already launched a testnet and a block explorer that allows investors to check the project’s performance in real time.

The L2 bundles transactions offline in a side chain before sending them to the mainnet to alleviate the layer-1 burden.

This is helpful during peak network usage times like January this year when TRUMP and MELANIA were launched.

The demand for $SOLX will skyrocket once the protocol is adopted by top wallets and exchanges. Hence, this token offers significant upside potential to early buyers who invest at its discounted presale price of $0.00175.

To buy $SOLX before the presale event ends, head to the Solaxy website and connect your wallet (e.g. Best Wallet).

You can either swap SOL or USDT for this token or use a bank card to invest.