SOL Price Prediction: Will It Reach $200 Amid Market Turbulence?

• Technical Crossroads: SOL trades below key MA but shows bullish MACD divergence
• Whale Alerts: $18M+ transfers to exchanges heighten sell-off risks
• Ecosystem Strain: $12.8M in DeFi exploits undermines network confidence

SOL Price Prediction

SOL Technical Analysis: Key Indicators to Watch

According to BTCC financial analyst Sophia, SOL is currently trading at $155.51, below its 20-day moving average of $167.47, indicating potential short-term bearish pressure. The MACD shows a bullish crossover with the histogram at 4.3287, suggesting some upward momentum. Bollinger Bands reveal SOL is NEAR the lower band at $151.21, which could act as support. Sophia notes that a break above the middle band at $167.47 could signal a trend reversal.

Market Sentiment Mixed Amid SOL Price Volatility

BTCC financial analyst Sophia highlights conflicting signals in SOL’s market sentiment. While Solana has rebounded above $150 with analysts eyeing $200, concerns linger due to significant whale activity ($18.26M moved to Kraken) and DeFi exploits ($5.8M lost). Sophia cautions that these factors, combined with the loss of key support levels, create a cautious short-term outlook despite long-term Optimism from developments like the SOON Pre Market surge.

Factors Influencing SOL’s Price

Solana Rebounds Above $150 as Analysts Eye $200 Target

Solana’s SOL token surged 3.36% to $154.41, reclaiming a critical resistance level after dipping to $145.66. The rally comes amid a 10% spike in trading volume to $4.28 billion, reflecting renewed institutional interest.

Technical analysts highlight SOL’s 15.93% weekly gain as evidence of strengthening momentum. DonAlt’s $200 price prediction gains traction, with tariff-related capital flows potentially accelerating the uptrend.

Ecosystem development progresses alongside price action, though regulatory scrutiny remains a key watchpoint for market participants. The network’s capacity for high-throughput decentralized applications continues to differentiate it in the smart contract platform arena.

Pump.fun Deposits $18M in SOL to Kraken, Sparking Sell-Off Concerns

Pump.fun has transferred 117,913 SOL tokens worth $18.26 million to Kraken in the past two hours, adding to a cumulative deposit of 3,097,265 SOL ($575 million) to the exchange. The memecoin platform has already sold 264,373 SOL for $41.64 million USDC at an average price of $158 per token.

Large-scale movements of digital assets to centralized exchanges often signal impending sell pressure. Pump.fun’s consistent deposits to Kraken suggest a strategic divestment, potentially dampening bullish momentum for SOL in the near term.

Solana DeFi Protocol Loopscale Loses $5.8M in Exploit

Loopscale, a decentralized finance protocol on Solana, suffered a $5.8 million exploit after attackers manipulated its RateX PT token pricing functions. The breach drained 1,200 SOL and $5.7 million USDC from the platform’s vaults.

In a post-mortem update, Loopscale attributed the attack to an isolated flaw in its collateral pricing mechanism, clarifying that RateX itself remains uncompromised. The protocol has temporarily restricted certain functions while coordinating with law enforcement and blockchain forensics teams to trace the stolen funds.

The incident specifically affected depositors in SOL and USDC Genesis vaults. Loopscale continues operating with limited functionality as developers implement additional security measures.

Whale Moves $18.26M SOL to Kraken Sparks Market Speculation, Is Price Decline Coming?

A significant transaction in the Solana market has caught the attention of crypto participants. Pump.fun, an institutional whale, transferred 117,913 SOL ($18.26 million) to Kraken, raising speculation about a potential sale or portfolio rebalancing.

This whale has previously moved over 3 million SOL ($575 million) and sold 264,000 SOL for $41.6 million. Market observers are closely monitoring whether this signals a bearish turn for SOL or merely strategic repositioning.

Hackers Drain $7 Million From Loopscale and Term Finance DeFi Protocols

Solana-based Loopscale suffered a $5.8 million exploit on April 26, just two weeks after its launch, with attackers leveraging under-collateralized loans through a flaw in its RateX-based collateral pricing system. The breach impacted 12% of the platform’s total value locked, raising fresh concerns about DeFi security in 2025.

Co-founder Mary Gooneratne confirmed the isolated vulnerability, emphasizing that RateX itself remained uncompromised. The incident follows a broader trend of sophisticated attacks targeting nascent DeFi projects, particularly those built on high-throughput chains like Solana.

Solana Approaches Critical Juncture in May Amid Market Divergence

Solana’s price action hangs in the balance after a week of crypto-wide volatility. The network’s native token now trades at make-or-break technical levels, with analysts split between interpretations of the recent rally. Some view it as a mid-cycle correction, while others suspect an early bear market signal.

Market observer Inmortal suggests the next 30 days will prove decisive. Either SOL’s recovery marks a temporary bear market bounce or the first dip of a new bull phase. Macroeconomic headwinds loom as traders scrutinize every tick.

Solana (SOL) Faces Major Correction Risk After Losing Key Support

Solana’s recent price action signals potential trouble. The altcoin failed to hold above the 200-day exponential moving average near $162, a critical level that historically separates bullish and bearish trends. This rejection comes after a strong April rally, now showing signs of exhaustion.

Technical indicators paint a concerning picture. SOL broke below its ascending trendline from late March, while rising selling volume suggests weakening demand. The Relative Strength Index’s downward trajectory from overbought territory further confirms growing bearish momentum.

Key support levels at $140 and $130 now become crucial battlegrounds. A breach could send SOL testing the psychologically important $120 zone, where both traders and algorithms may determine the next major move.

Solana Whale Activity Sparks Speculation Amid Price Dip

Solana’s blockchain witnessed a significant whale movement as 17,481 SOL—previously staked for two years—was transferred to Kraken. The asset traded at $148.52 at press time, marking a 1.74% daily decline despite heightened social engagement and bullish technical indicators targeting the $153.65 resistance level.

Retail sentiment and development progress suggest underlying strength, though the market now watches whether institutional players will align with this optimism. The whale’s decision to liquidate after prolonged staking introduces volatility potential, making SOL a focal point for traders anticipating breakout momentum.

SOON Pre Market Soars: Is Solana Optimistic Mainnet Incoming?

The Soon Solana Optimistic Network (SOON) is generating significant pre-market interest as speculation builds around its upcoming mainnet launch. This new project introduces an SVM Rollup, a specialized blockchain design that enables soonBase to operate across multiple Layer-1 networks beyond just Solana.

Market observers are closely monitoring the development, which could potentially expand Solana’s ecosystem interoperability. The technical approach suggests a focus on scalability and cross-chain functionality, though detailed performance metrics remain undisclosed.

Will SOL Price Hit 200?

Sophia from BTCC suggests SOL’s path to $200 faces hurdles. While technicals show bullish MACD momentum, the price must overcome resistance at the 20-day MA ($167.47) and upper Bollinger Band ($183.72). News-driven sell pressure from whale deposits and exploits may delay the rally. Key factors:

Sophia projects a 30% probability of hitting $200 in June unless SOL reclaims $167.47 decisively.