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Solana’s Path to $180: Analyzing Short-Term Weakness and Long-Term Bullish Potential

Solana’s Path to $180: Analyzing Short-Term Weakness and Long-Term Bullish Potential

Author:
SOL News
Published:
2025-06-03 18:45:12
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[TRADE_PLUGIN]SOLUSDT,SOLUSDT[/TRADE_PLUGIN]

Solana (SOL) continues to captivate the crypto market despite recent price struggles. As of June 2025, SOL’s inability to breach the $160 resistance reveals a strategic positioning rather than a failure, with two stacked Fair Value Gaps (FVGs) creating a potential rebound zone. The token remains a top-five most-traded cryptocurrency (excluding stablecoins), demonstrating strong investor confidence in its long-term potential. This analysis explores the factors preventing SOL from reaching $180 while highlighting the underlying bullish case for this Ethereum competitor.

What’s Preventing Solana (SOL) Price From Reaching $180?

Solana’s price action reflects a tug-of-war between short-term weakness and long-term bullish potential. Despite breaking its daily uptrend and grinding lower recently, SOL remains a top-five most-traded cryptocurrency excluding stablecoins—a testament to persistent investor interest.

The token’s recent rejection at $160 reveals strategic positioning rather than failure. Two stacked Fair Value Gaps (FVGs) now frame a potential re-entry pocket, with $180 emerging as the next psychological hurdle. Technicals suggest a coiled spring: while a 15% pullback followed the breakdown from a rising wedge, defense of the $151.96 support level keeps bullish reversal prospects alive.

Market participants are watching the 50-day MA at $158.05 as a critical resistance level. Solana’s historical resilience—quick recoveries and reclaimed targets—hints at latent energy for another all-time high attempt once current consolidation concludes.

NFT Collection Claynosaurz to Become Animated Series, Expands Web3 Ecosystem

Claynosaurz, a Solana-based NFT project developed by former Disney and Sony artists, is set to launch a 39-episode animated series through a partnership with Mediawan Kids & Family. The MOVE marks one of the first full-scale adaptations of an NFT franchise for mainstream children’s entertainment.

The brand, which originated as a collection of 10,000 animated dinosaur NFTs, has already amassed 450 million video views and half a million community members. Its expansion now includes a multi-chain strategy with new collections launching on sui blockchain, including 25,000 Popkins characters distributed via digital boosters.

This development completes Claynosaurz’s ecosystem that combines digital collectibles with gaming and now television content. The project demonstrates how NFT-native IP can transcend blockchain markets to reach broader audiences while maintaining Web3 utility.

Solana Price Prediction: SOL Eyes $180 Amid Ecosystem Strength and ETF Speculation

Solana’s price trajectory shows resilience despite recent volatility, with May’s $186 high followed by a retreat to $151. Market observers now eye a potential June rebound as the ecosystem demonstrates fundamental strength. The network’s active users have surpassed 95 million, signaling robust adoption.

Speculation mounts around potential solana staking ETFs after REX Shares filed an unorthodox C-Corp application. ETF analyst James Seyffart notes the move involves ’clever legal workarounds’ that could expedite approval, possibly within weeks. This institutional interest coincides with Solaxy’s $43 million presale for Solana’s first Layer 2 solution, set to launch exchanges mid-June.

Solana Surges Toward $165 as Record Activity Fuels Bullish Momentum

Solana leads the crypto rebound with a 7% rally over 24 hours, pushing toward $160 as on-chain activity hits record highs. Despite broader market volatility, SOL’s technical structure remains bullish, supported by rising transaction throughput and daily active addresses.

The token surged from $153.66 to $159.92, with key resistance forming at $162.46 after two failed retests. Buyers defended support at $151.89–$152.21, confirming accumulation during pullbacks. A breakout above $155.55 triggered strong upside momentum, with $165 emerging as the next target if consolidation below $160 resolves upward.

Fibonacci levels at $159.73 reinforce short-term support, while volume-backed higher lows suggest continuation potential. Analysts note the rally remains valid provided SOL holds above recent accumulation zones.

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