Solana Flashes Bullish Signal—$300 Target in Sight as Altcoin Heats Up
Solana’s charts just screamed ’buy’—and traders are scrambling. The altcoin, known for its speed and meme-coin chaos, could be gearing up for a run toward $300 if technicals hold.
Forget ’fundamentals’—this rally runs on pure speculative adrenaline. The signal? A textbook breakout pattern even your sleep-deprived crypto intern could spot. Now hedge funds will pretend they saw it coming all along.
One rule remains: In crypto, the ’big buy signals’ always arrive right after Wall Street finishes shorting it. Poetic justice—with a side of leverage.
Decentralized exchanges (DEX) within the Solana network have benefited from this trend. According to data from DeFi Llama, Pump.fun saw a 5.3% weekly increase in its trading volumes.
Meanwhile,, moving from $52.6 billion by then to nearly $86 billion just three days ahead of May’s end.
Tokens like FARTCOIN are typically traded through DEXs like Orca, Raydium, and PumpSwap. These exchanges charge a trading fee in SOL. As volumes increase, the demand for the blockchain’s native asset increase as well.
Solana Could Rise to $267 After Bullish EMA Crossover
Looking at SOL’s daily chart, a strong buy signal has popped up that could precede a significant price increase over the next few weeks.
A bullish crossover between the 21-day exponential moving average (EMA) and the 200-day EMA – a technical signal known as a golden cross – could predict significant upside potential ahead for the token.
These moving averages typically indicate the direction and strength of the price trend. A bullish EMA crossover like this indicates that the short-term price trend is rising at a faster pace than the long-term trend.
This is interpreted as a sign that momentum is building up and usually translates into higher prices in the NEAR term.
The Relative Strength Index (RSI) still indicates that the uptrend is strong, as it stands at 61. Although it has declined from its highest point, as long as it is above 50 and pointing upwards, it supports a bullish outlook.
in just a couple of months. This means that a short-term price target could be set for the token at $267 based on where the ‘golden cross’ occurred this time.
Meanwhile, as the Solana ecosystem continues to grow, dealing with the network’s congestion issues will be key to ensure that developers will continue to turn to this blockchain to develop new applications and mint new assets.
One of the most promising crypto presales of this year, Solaxy (SOLX), will soon launch its layer-two scaling solution for Solana and you still have time to invest in this project at this early stage to reap the highest returns once it starts to gain traction.
Solaxy (SOLX) Enters Late Stage of Its Presale with More Than $40M Raised
Solaxy (SOLX) aims to fix the congestion issues that have affected Solana’s efficiency during peak usage periods.
The project achieves this through a layer-two side chain that bundles transactions offline before sending them to the mainnet to alleviate the latter’s burden.
Solaxy has already launched its L2’s testnet along with a block explorer that investors can use to analyze the solution’s performance at this stage.
Thus far, the results have been satisfactory. As the utility token of this L2, $SOLX will experience significant demand and its price will likely explode once Solaxy is adopted by top wallets and exchanges.
To buy $SOLX at its heavily discounted presale price before the event ends, head to the Solaxy website and connect your wallet. You can either swap USDT or SOL for this token or use a bank card to make your investment.
Buy Solaxy Here
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