Solana Primed for Another Explosive Rally? Top Analyst Unveils Key Price Targets

Solana's rocket ride isn't over yet—if the charts are to be believed. One crypto strategist just mapped out where SOL could head next, and traders are scrambling to adjust their positions.

Bulls eyeing higher highs

The 'Ethereum killer' keeps flexing its muscles, dodging network outages like a Wall Street CEO avoids subpoenas. With institutional money pouring into crypto again, SOL's high-speed blockchain is capturing more than its fair share of attention.

Technical breakout or bull trap?

While the analyst's targets suggest serious upside, veterans know crypto moves fast in both directions. One thing's certain: if SOL clears these levels, the FOMO will be palpable—until the next 'risk-off' tweet from the Fed, of course.

SOL Chart Points to Bullish Target

Solana (SOL) has broken out of an ascending triangle. The price cleared the $166 mark, which is the 1.272 Fibonacci level. Traders now watch for the next levels at $171, $179, and $185. The structure shows rising lows and growing volume, which supports the move. 

“This could be the cleanest breakout I’ve seen all month,” said analyst Ali on X.

If buyers stay in control, the $185 level may be next. But traders also watch for pullbacks, especially as prices MOVE higher into resistance zones.

This could be the cleanest breakout I’ve seen all month! pic.twitter.com/FGWTYaOqDg

— Ali (@ali_charts) July 15, 2025

SMA and MFI Indicate Bullish Momentum

Solana trades above its 9-day simple moving average, which now sits at $158. This shows that buyers are still active. The slope of the line is pointing up, which supports the current direction. 

At the same time, the Money Flow Index is at 76.16, which is close to the overbought line. This reading shows that funds have flowed in fast. But it also warns of possible profit-taking or price pauses NEAR this level.

Network Use and ETF Talk Support Momentum

As CryptoPotato reported, the number of active users on Solana’s network has recently ticked up. This rise in activity often helps price moves stay strong. The added use shows interest in solana is growing.

Meanwhile, the SEC is now reviewing spot ETF filings tied to Solana. These efforts are said to be moving quickly. If approved, they may open more ways for funds to buy SOL directly.