🚀 Solana Price Prediction: $2,700 SOL in Sight – But Only If This Key Support Holds Strong

Solana bulls are charging again—this time with a $2,700 price target flashing on the radar. One analyst’s ultra-bullish call hinges on a single make-or-break level holding firm. Here’s what’s at stake.

The Line in the Sand

SOL’s recent rally has traders buzzing, but the path to four-digit gains isn’t guaranteed. The token needs to defend a critical support zone—fail here, and the moonshot scenario evaporates faster than a meme coin’s liquidity.

Echoes of 2021?

If history rhymes, Solana’s infrastructure upgrades and NFT resurgence could fuel the fire. Then again, ‘this time is different’ are the four most expensive words in crypto—just ask the guys who bought LUNA at ATH.

The Bottom Line

Markets love round numbers, and $2,700 has that psychological pull. Whether SOL gets there depends less on hopium and more on cold, hard buying pressure. Watch the charts, ignore the ‘to the moon’ tweets, and maybe—just maybe—keep some dry powder ready.

Solana Price Prediction: Analyst Calls for $2,700 SOL – But Only If This Crucial Level Holds

Posting on X, analyst Ali Martinez suggested that, if the solana price can pass and stay above $170 by the end of the week, it could break out towards $2,700.

This Optimism is based largely on SOL’s one-week chart forming a classic cup-and-handle pattern, which would imply a breakout if the alt can rise above the cup’s ceiling.

This is a critical level for Solana $SOL. A weekly close above $170 could ignite the next major bull run and open the gates to $2,000! pic.twitter.com/JjTaRdUL4h

The post above attracted some skeptical replies, yet the fact remains that Solana is still 43% below its all-time high of $293, so it certainly has some catching up to do.

And given its fundamentals, there’s every chance that it could set new records later in the year, even if a surge towards $2,700 is perhaps a stretch.

Indeed, not only is Solana the second-biggest layer-one blockchain in terms of TVL, but it’s looking forward to the possibility this year of spot-based SOL ETFs.

Bloomberg analysts have given Solana ETFs a 95% chance of approval, and given that the SEC has previously accepted ethereum ETFs, there seems to be no fundamental reason why they would refuse most SOL ETFs.

As such, now is still a very good time to buy Solana, with the coin’s chart today showing a big surge in momentum, albeit one that’s still some way from becoming overbought.

Of particular note is the relative strength index (yellow), which has risen beyond 60 and is likely to reach 70 or 80 before SOL begins to correct.

Likewise, the coin’s moving average convergence divergence (orange, blue) has also recently moved into a more bullish position, and is very far from overheating.

We are therefore on track to see the Solana price pass $200 at some point in August, while it’s likely to reach $300 by Q4.

Snorter Raises $1.8 Million in Presale: Is This the Meme Token with Fundamentals the Market Has Been Waiting For?

If Solana is too much of a major token for some traders, they may want to investigate one of several promising presale coins available right now.

Such coins can often generate so much momentum during their sales that they go on to rally big once they list, with Snorter (SNORT) being one likely candidate to do just this.

Snorter opened its presale a few weeks ago and has already gone on to raise more than $1.8 million, a sign of its growing popularity.

A automated sniping bot, Snorter will use AI to identify new coins before they rally, helping traders to improve their portfolios and returns.

Users will need to hold native token SNORT to gain access to Snorter’s features, which also include copy trading, limit orders, atomic swaps, as well as protection from rugpulls.

Snorter has already been busy growing its online community, with the token’s official X account now boasting over 13,000 followers.

Its SNORT token will have a max supply of 500 million tokens, and it will run on Ethereum and also on Solana, giving it a wide reach.

Holders will be able to stake it for a passive income, while newcomers can join its sale by going to the Snorter website.

It’s currently selling for $0.0981, but this price will continue to rise for as long as the sale continues.