SOL Price Prediction: Will Whale Activity and Technical Breakouts Drive the Next Rally?

Factors Influencing SOL’s Price

Solana Whale Withdraws $52.7M SOL from Binance, Potentially Bullish Sign?

On-chain data revealed a significant transaction on the Solana network, involving the movement of 374,161 SOL, worth approximately $52.7 million, from Binance. The transfer, likely executed by a whale entity, has sparked discussions among investors about its potential impact on SOL’s price. While the movement of a single whale’s holdings is unlikely to directly sway the cryptocurrency’s market value, it can still influence market sentiment. This latest transaction adds to the ongoing narrative surrounding Solana’s performance, a blockchain platform known for its high speed and low fees. The catch? Only time will tell if this whale’s actions will indeed lead to a bullish trend for SOL.

Pumpup.ai Emerges as Second Leading Meme Token Launchpad on Solana

Pumpup.ai has quickly become the second most active meme token launchpad on Solana, trailing only Pump.fun in daily transaction volume and user engagement. The platform is currently processing close to US $1 million in daily trading volume, with a significant portion of tokens reaching market capitalizations exceeding US $20 million upon migration to decentralized exchanges like Raydium. Pumpup.ai attributes its growth to advanced automation, diversified launch structures, and cost-effective design, including AI-guided leverage options up to 7x without collateral or liquidation risk.

Pump.fun Sends $13.3M SOL to Kraken, Total Transfers Near $557M

Pump.fun has transferred 95,934 SOL worth $13.33 million to Kraken. The meme token platform has strategically moved nearly $557 million worth of SOL to the exchange, totaling 2,979,352 SOL. SOL was deposited when its price averaged $187 per token. Pump.fun also sold 264,373 SOL tokens for $41.64 million USDC, maintaining an average trading price of $158 despite market volatility.

Solana Price Eyes $150 as Investor Activity Surges

Solana’s price is aiming to cross $150, fueled by a surge in investor participation. Active addresses have hit a two-month high, signaling renewed interest and confidence in the blockchain. This increase in activity, combined with the price rise, provides a strong buy signal. If these trends persist, Solana could build enough momentum to break through key resistance levels.

Solana Outpaces Ethereum in Market Growth and Liquidity, But Faces Uncertainty

Solana [SOL] has been outperforming Ethereum [ETH] in terms of market growth and liquidity flow, with a market capitalization of $71.93 billion compared to Ethereum’s $190.41 billion. A notable whale has been reducing its ETH position and adopting SOL as a preferred investment. However, the future path for Solana remains uncertain as sell-offs begin to increase gradually. AMBCrypto found that SOL might continue to attract more liquidity than ETH, potentially allowing it to outperform and trade at higher levels.

Solana Whale Makes $153M Profit from 4-Year Staking

A crypto whale who initially invested in Solana (SOL) when it was valued at $27 has made over $153 million in staking-related profits. The whale had staked 991,079 SOL in 2021 and recently unstaked 100,000 SOL, worth $13.9 million, depositing it into Binance. The whale still has 1.19 million SOL staked, valued at $166.37 million. The substantial profit highlights the potential of long-term staking in cryptocurrency.

Janover Boosts Solana Holdings, Rebrands as DeFi Development Corporation

Janover has increased its Solana (SOL) holdings by acquiring 88,164 SOL worth approximately $11.5 million. This brings the company’s total SOL holdings to 251,842 SOL, valued at $36.5 million. Additionally, Janover has announced a rebranding to DeFi Development Corporation, signaling a focus on its SOL-based MicroStrategy playbook.

Upcoming Crypto Events of This Week: March 21 – 26

The crypto space is set to witness several notable events next week. According to Crypto Events Global, key events include Solana Crossroads 2025, The Future of Finance Conference 2025, and Crypto Vision Conference 2025. Solana Crossroads 2025, scheduled for April 25th and 26th in Istanbul, is expected to be the biggest yearly meetup for Solana ($SOL) community members, developers, and ecosystem developers.

Solana Whale Unstakes 100K SOL for $153M Profit

A Solana whale unstaked 100,000 SOL, worth approximately $13.9 million, and deposited it into Binance after four years of staking. The whale originally accumulated 991,079 SOL at an average price of $27. With Solana trading at $140, the realized and unrealized gains from the original allocation now exceed $153 million. The whale still holds 1.19 million SOL staked, valued at about $166.37 million, suggesting a strategic rebalancing rather than a full exit.

Solana Expected to Outperform Ethereum by 140%

Renowned trader Peter Brandt has issued a bullish forecast for Solana (SOL), suggesting it could outperform Ethereum (ETH) by 30-140% in the long term. Brandt’s projection hinges on a classic Cup and Handle pattern—a technical formation often signaling further upside. Solana’s recent rebound underscores his thesis: the asset has surged 58% from a three-week low of $95, now trading above $150. Meanwhile, Ethereum investors saw more modest gains of 30% over the same period. Institutional interest appears to align with Brandt’s optimism. Galaxy Digital, a heavyweight in crypto investment, reportedly converted $105 million worth of ETH into SOL, signaling confidence in Solana’s momentum. The trade reflects a broader narrative of capital rotation into altcoins as markets regain footing. Brandt’s analysis leaves room for Solana to close the gap with Ethereum, noting its relative undervaluation despite recent outperformance. Market watchers are now weighing whether SOL’s rally marks the start of a sustained trend or a fleeting divergence.

JPool Simplifies High-Yield Solana Staking

Liquid staking, popular on Ethereum and Solana, allows users to trade and engage in DeFi strategies without traditional lockup periods. With over $30 billion in TVL, Solana’s fast transactions and low fees have made it a hub for liquid staking. JPool stands out on Solana by letting users stake SOL while keeping their funds available for other yield opportunities. This addresses the common issue of staking enthusiasts wanting strong returns without sacrificing liquidity. By depositing SOL, users receive a derivative that can be utilized across various DeFi platforms.

Is SOL a good investment?

Based on current data, SOL presents a high-risk/high-reward opportunity:

Michael concludes: "SOL could test $186 if it holds $150, but monitor the 20MA crossover. The 140% ETH outperformance claim requires verification."