Solana’s Bull Run Defies Gravity – Analysts Predict New All-Time High Before 2026
Solana’s multi-year uptrend isn’t just surviving—it’s thriving. Despite the usual crypto volatility (and a few Wall Street eye-rolls), SOL’s chart looks like a rocket that forgot Earth’s gravity exists.
Technical analysts are circling one date: 2025. That’s when they expect SOL to smash through its previous all-time high—leaving skeptics scrambling to explain how a ’meme-chain’ keeps outperforming their precious traditional portfolios.
One hedge fund manager was overheard muttering: ’I told my clients to short it at $20...’
Solana Holds Critical Support As Market Eyes Bullish Continuation
Solana is testing a crucial demand zone around the $165 level, attempting to establish a foundation for its next major move. This range has become a key battleground between bulls and bears, especially as broader market sentiment is shaped by Bitcoin’s struggle to push past its all-time high. With BTC stalling just below $109K, uncertainty clouds the outlook for many altcoins, including SOL. However, Solana continues to show signs of relative strength.
Despite recent pullbacks, the overall trend for Solana remains bullish. According to Abbe, the asset’s multi-year uptrend remains intact. Last month, Solana successfully retested its long-term trendline, which Abbe believes marked the bottom of the recent correction. Since that bounce, SOL has surged over 50%, demonstrating strong investor confidence and solid underlying momentum.
Abbe maintains that the $290 high seen earlier was not the final peak for Solana, projecting a new all-time high sometime in 2025. His bullish thesis is supported by improving fundamentals across the Solana ecosystem, including rising developer activity, growing DeFi participation, and increasing on-chain usage.
SOL Price Analysis: Holding The Line Before A Big Move
Solana (SOL) is currently trading at $167.76 after a sharp rally in early May that pushed the price above both the 200-day EMA and 200-day SMA. The chart shows SOL climbing over 90% since its April low, confirming bullish momentum and renewed interest across the market. However, the price is now stalling just below the 200-day SMA at $181.03, which is acting as dynamic resistance.
The key support lies near the 200-day EMA at $162.55. As long as SOL holds this level, the short-term structure remains bullish. A clean break above the $181 level WOULD open the door for a move toward the psychological $200 mark and potentially higher. But if bears regain control and price breaks below $160, the uptrend could be in jeopardy.
Volume has decreased slightly since the early May breakout, hinting at possible exhaustion or consolidation before another leg. Traders are closely watching for confirmation — either a breakout above $181 or a breakdown below the EMA.
Featured image from Dall-E, chart from TradingView
