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Solana Price Prediction: $500 Breakout Imminent – Here’s the Timeline

Solana Price Prediction: $500 Breakout Imminent – Here’s the Timeline

Author:
Cryptonews
Published:
2025-07-24 19:59:00
20
2

Solana's gearing up for a moonshot—analysts are betting big on a $500 surge. But can it dodge crypto's infamous gravity?

The 'Ethereum killer' keeps flexing. After surviving the 2022 carnage, SOL's defied skeptics with a blistering 2024 rally. Now traders are whispering about the next leg up.

Breaking the $500 barrier won't be easy. Network upgrades need to keep pace with demand—remember those outage memes? And let's be real: Wall Street's algo-traders will front-run retail the nanosecond momentum shifts.

One hedge fund manager quipped: 'We'll buy the rumor, sell the news, and short the inevitable 'congestion crisis' tweet.' Classic crypto.

Solana Price Prediction: SOL Could Rise to $245 If This Key Support Holds

Looking at the daily chart, we can see that the price has encountered strong resistance upon hitting the $200 psychological threshold.

This is expected as early buyers may have set their take-profit orders at this price to cash out from SOL’s latest rally.

solana price prediction

However, this doesn’t mean the uptrend is over.

A key support zone sits between $168 and $170 — a former resistance area that may now be flipping into strong support.

A decisive bounce from this level would reinforce a bullish Solana price prediction, with $200 as the first target, followed by $245, and eventually the long-term goal of $500.

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