SOL Price Prediction: Is Now the Time to Invest?
SOL Price Prediction
SOL Technical Analysis: Key Indicators to Watch
As of June 1, 2025, SOL is trading at 155.44 USDT, below its 20-day moving average (MA) of 171.3435, signaling potential short-term bearish pressure. The MACD (12,26,9) shows a positive histogram value of 4.2990, indicating bullish momentum, but the signal line remains negative at -3.0417, suggesting caution. Bollinger Bands reveal price hovering NEAR the lower band (157.6434), which could act as support. BTCC analyst Ava notes, ’SOL’s current technicals reflect a tug-of-war between bulls and bears. A break above the middle band (171.3435) may confirm a trend reversal.’
Solana Market Sentiment: Bullish Catalysts Dominate Headlines
Recent news highlights Solana’s bullish momentum, including rallies past Bitcoin and a $31M milestone for Solana-powered projects. Political developments, like Trump’s criticism of the Fed, have also fueled SOL’s gains. BTCC analyst Ava observes, ’The news flow aligns with technicals—SOL is testing key levels amid positive sentiment. However, meme coin volatility and supply zone resistance near $145 warrant monitoring.’
Factors Influencing SOL’s Price
Solana Shows 3 Bullish Signs
Solana [SOL] has seen increased whale accumulation, with wallets holding over 10,000 SOL increasing by 1.53%. This, coupled with DeFi momentum, supports a bullish breakout if the $144 resistance is breached. Additionally, the negative SOL funding rate indicates a short bias, potentially increasing the likelihood of a squeeze-driven rally. SOL currently trades at $139.29, marking a subtle yet promising uptick.
Top 3 Made In USA Coins For The Last Week of April
SOL is bouncing back with strong DEX volume, reclaiming the $130 level and reigniting bullish sentiment. SUI is gaining ecosystem momentum despite price weakness. AERO is under pressure as Base experiments with a new narrative. Solana has reclaimed the top spot in decentralized exchange (DEX) volume, recording $15.65 billion in DEX volume over the last week.
Solana Rallies Past Bitcoin—Momentum Tilts In Favor of SOL
Solana started a fresh increase from the $120 support zone and is now consolidating. SOL price gained pace for a move above the $125 and $132 resistance levels, trading above $130 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $137. The pair could start a fresh increase if it clears the $142 resistance zone. SOL price formed a high at $143.06.
Solana Rallies as Markets React to Trump’s Attack on Fed Chair Powell
Solana (SOL) extends its rally above $140 as Bitcoin and altcoins regain strength on Monday. US President Donald Trump’s direct attack on Fed Chair Jerome Powell was interpreted as threatening the central bank’s independence. SOL holds 50-day EMA support amid an ascending RSI and a MACD buy signal. The smart contracts token defied overhead pressure during last week’s trading, edging higher than its altcoin peers, including Ethereum (ETH), Ripple (XRP), and Cardano (ADA).
Solana Community Conference Highlights Crypto News This Week
This week, the Solana Community Conference, or Breakpoint, is among the top crypto news stories. It kicks off on April 25 and is Solana’s flagship gathering of developers, investors, and innovators. Historically, Solana Breakpoint is a stage for major announcements, such as new project launches, partnerships, or technological advancements. According to Solscan data, Solana’s ecosystem boasts nearly 4 million active wallets. Meanwhile, DefiLlama data shows up to $7.37 billion in total value locked (TVL).
Decentralized Defense? NFT Group Targets Cold War Nuclear Bunker Buy
An apocalyptic-themed Solana-based NFT project aims to sell 100,000 virtual tokens to buy a Cold War nuclear bunker in England. The venture combines virtual ownership with physical real estate, potentially starting a new trend for blockchain communities. The project, called Meatbags, will host sales on April 21 at $14 per token. Current Meatbags holders will receive 10,000 tokens through an airdrop, while the remaining 90,000 will be available for public purchase. The nuclear bunker, which occupies 1.4 acres of ground, is up for sale for £650,000.
Solana (SOL) Rallies Amid Cryptocurrency Market Recovery
Solana (SOL) has rallied 1.8% in the daily charts and 4.4% in the weekly charts, following the upward trend in the cryptocurrency market. Bitcoin (BTC) has reclaimed the $87,000 price level, and the global crypto market cap has risen 1.4% to $2.84 trillion. The recovery in SOL and other cryptocurrencies is attributed to the dip in the US dollar’s DXY index, which fell to nearly a three-year low of 98.30 today.
Solana’s $145 Supply Zone and Trading Implications
Solana is potentially regaining a bullish structure, with the $145 supply zone highlighted. Whale accumulation and network activity have increased as the price recovered from $100. The $120-region could act as a demand zone. Bitcoin’s volatility could impact SOL’s sentiment. Bulls are challenging the $143-level.
Solaxy Hits $31M Milestone, Launches Solana-Powered Explorer
Solaxy, the first Layer-2 chain on Solana, has raised over $31 million in its presale and launched a real-time block explorer. The explorer provides transparency for every transaction across Layer-2, potentially pushing Solana to the top of the smart contract game. The presale round ends soon, after which the price of SOLX will increase.
Solana Meme Coin Snipers Manipulate Markets on Pump.fun
Sniper wallets on Pump.fun execute standardized, profitable strategies primarily during US trading hours. These wallets are difficult to isolate due to unrelated bot activity and can adapt to countermeasures. Pine Analytics’ report reveals systematic market manipulation, with snipes accounting for 1.75% of all launch activity on Pump.fun, extracting over 15,000 SOL in realized profit in the past month.
Upexi Secures $100M PIPE from GSR for Solana Treasury Strategy
Crypto trading and investment firm GSR announced on Monday that it has secured a $100 million private investment in public equity (PIPE) in Upexi. In exchange, Upexi has committed to establishing a Solana (SOL) treasury strategy, which includes accumulating and staking SOL. The news comes as Solana’s price hovers around $138.90, up 7% from the previous week. With this strategic shift, Upexi joins a growing list of corporations showing interest in Solana, highlighting the blockchain’s growing popularity and potential. The catch? It remains to be seen how this new treasury strategy will impact Upexi’s long-term financial health and market position. Will other companies follow suit and adopt similar Solana-focused strategies? Only time will tell.
Is SOL a good investment?
SOL presents a mixed but opportunistic outlook. Below is a summary of key factors:
Factor | Detail |
---|---|
Price (06/01/2025) | 155.44 USDT |
20-Day MA | 171.3435 (Resistance) |
MACD | Bullish crossover potential |
News Sentiment | Strongly bullish |
Analyst Ava advises, ’SOL’s risk-reward looks favorable for long-term holders, but short-term traders should wait for a confirmed breakout above the 20-day MA.’