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SOL Price Prediction: Can Bulls Defend $146 and Target $180?

SOL Price Prediction: Can Bulls Defend $146 and Target $180?

Author:
SOL News
Published:
2025-07-06 03:16:30
19
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[TRADE_PLUGIN]SOLUSDT,SOLUSDT[/TRADE_PLUGIN]

#SOL

  • Technical Foundation: Price above 20MA with Bollinger Band squeeze suggests impending volatility
  • Ecosystem Momentum: Real-world partnerships counterbalance speculative failures
  • Sentiment Shift: Whale distribution being absorbed indicates healthy market structure

SOL Price Prediction

SOL Technical Analysis: Bullish Signals Emerge Amid Key Levels

SOL is currently trading at $147.23, slightly above its 20-day moving average (MA) of $145.81, indicating a neutral-to-bullish short-term trend. The MACD histogram remains negative (-5.32), suggesting lingering bearish momentum, but the narrowing gap between the MACD line and signal line hints at a potential reversal. Bollinger Bands show price hovering NEAR the middle band, with upper resistance at $157.35 and lower support at $134.27.says BTCC analyst Robert.

SOLUSDT

Solana Market Sentiment: Mixed Signals Amid Partnerships and Volatility

News headlines reflect a tug-of-war between bullish catalysts (Minna Bank partnership, $210 price targets) and bearish risks (whale sell-offs, $146 support tests). The partnership with Wecan for blockchain-based record digitization underscores SOL's utility growth.notes Robert. The failed Trump-themed meme coin launch shows speculative excesses are being punished.

Factors Influencing SOL’s Price

Solana Eyes $180 Breakout Amid Mixed Technical Signals

Solana (SOL) has pierced through a multi-week Channel Down pattern, sparking debate among traders about a potential bullish reversal. The breakout comes despite bearish dominance across higher timeframes, creating a high-risk, high-reward scenario for market participants.

Currently trading at $147.93 with $2.73 billion in daily volume, SOL faces immediate resistance at $160-$167, with the $180 level looming as a psychological battleground. The 25% drop in trading volume suggests cautious participation, though weekly gains of 0.71% indicate underlying strength.

Analysts note the Channel Down violation could signal shifting sentiment, particularly after SOL's recent outperformance in the broader crypto rally. Market watchers will monitor whether the digital asset can convert technical momentum into sustained price appreciation.

Solana & Minna Bank Partner on Stablecoin Research as Best Wallet Token Presale Gains Momentum

Japan's Minna Bank has launched a collaborative study with Solana, Fireblocks, and TIS to explore stablecoin applications in consumer finance. The research will focus on payments infrastructure, banking solutions, and personalized user experiences—a move that aligns with the $250B+ stablecoin market's institutional adoption trend.

Solana's positioning as a preferred blockchain infrastructure provider coincides with surging interest in Best Wallet Token (BWT), a new multichain wallet solution. The project's ongoing presale has surpassed $13M in funding, with analysts speculating 100x upside potential upon exchange listing.

"Stablecoins are reshaping value transfer in the digital economy," noted Fireblocks CEO Michael Shaulov. The Minna Bank partnership could pioneer regulatory-compliant stablecoin implementations for Japan's financial sector.

Solana Tests Critical Support as Analysts Eye $128.50 Breakdown Risk

Solana's price action hangs in the balance as it flirts with the lower boundary of a rising channel pattern. The altcoin has been range-bound between $145 and $160 for the past week, showing uncharacteristic lethargy despite broader crypto market strength. Trading at $150—20% below May's peak—SOL faces mounting pressure after repeated rejections at the $160 resistance level.

Technical analyst Carl Runefelt highlights the precarious nature of this consolidation. Rising channels typically signal either continuation patterns or preludes to sharp corrections. With bulls failing to maintain momentum, the $128.50 support zone emerges as a plausible downside target. Market participants appear hesitant to commit capital, creating a coiled-spring scenario that could trigger volatile movement in either direction.

Solana Price Prediction: Can SOL Break $175 And Rally To $300 Soon

Solana (SOL) is showing bullish momentum, with analysts eyeing a potential breakout above $175. The cryptocurrency, currently trading around $151, has rebounded from a recent low of $125.99. A cup-and-handle pattern on the high-timeframe chart suggests a possible upward trajectory, with the neckline resistance between $160 and $175.

Analyst Ali Martinez highlights the pattern's historical significance, noting similar formations have preceded strong rallies. A decisive close above the neckline with volume confirmation could signal the next leg of SOL's uptrend. The market watches closely as Solana consolidates near critical resistance levels.

Solana Whale Sell-Off Sparks Retail Confidence Amid Market Volatility

Solana (SOL) faces heightened volatility as a major holder unstaked 1 million tokens worth $139 million, subsequently selling 240,000 SOL ($35 million). The move triggered a pullback from $154 to $149, testing bullish momentum. Whale activity has notably dwindled, with spot market data showing a sharp decline in large orders.

Retail traders are countering the sell-off with sustained buying, while futures markets hint at potential recovery. The divergence between institutional profit-taking and retail accumulation underscores Solana's contested near-term trajectory. Market sentiment now hinges on whether retail demand can absorb further whale exits.

Solana Price Faces Potential Dip to $146 Before Potential Rally

Solana's price hovers near $150, with technical indicators signaling a short-term retracement. Analysts identify a critical support zone between $144 and $146, where bullish momentum may falter. The TD Sequential sell signal and Elliott Wave theory reinforce this outlook, suggesting a test of lower levels before any resurgence.

Derivatives data reveals lingering bullish sentiment, but fading upside momentum exposes leveraged longs to downside risk. A rejection at the $152–$153 resistance zone—coinciding with a Fibonacci 1.0 extension target—has already triggered a pullback to $149.50. Market watchers now eye the $146 support level, a Fibonacci confluence area with historical significance.

Failure to hold $146 could see Solana retreat toward $142 or even $138. The market's next move hinges on whether bulls can defend this key level amid weakening technical structure.

Binance Smart Chain (BSC) Surpasses Solana in DEX Volumes Amid Incentive-Driven Surge

Binance Smart Chain has overtaken Solana in decentralized exchange volumes, fueled by the strategic rollout of Binance Alpha. The platform's incentives, including airdrops and trading rewards, have driven a 44% surge in activity, capturing 37% of total DEX volume by June 2025.

The integration of Binance Alpha with Binance's exchange interface has streamlined user access, while a tiered points system amplifies engagement. Yet, questions linger about the longevity of this growth, as critics highlight the reliance on short-term incentives.

Backed Finance Launches 60 Tokenized Stocks on Kraken, Bybit, and Solana DeFi

Backed Finance has introduced xStocks, a platform offering 60 tokenized equities and ETFs, including major names like Apple, Microsoft, and Tesla. These assets are now tradable on Kraken, Bybit, and Solana-based DeFi protocols, marking a significant stride in bridging traditional finance with blockchain technology.

The tokens are fully collateralized by real shares, enabling 24/7 trading and seamless integration with decentralized applications. Bybit confirmed compliance with EU MiFID II regulations, while Kraken highlighted the elimination of traditional market constraints like trading hours and settlement delays.

Wecan and Solana Partner to Digitize Official Records Using Blockchain

Wecan and Solana have unveiled a strategic partnership to revolutionize institutional data management through the Solana Attestation Service (SAS). This collaboration leverages blockchain technology to secure and verify critical official registers—including land, commercial, and shareholder records—on Solana's high-performance network.

The SAS solution employs trusted oracles to ensure data integrity, positioning Wecan as a leader in institutional digital transformation. This move addresses growing demands for transparency and security in record-keeping as organizations increasingly transition from paper-based systems.

Solana's blockchain provides the technical foundation for tamper-proof documentation, combining the network's speed with cryptographic verification. The partnership signals broader adoption of blockchain solutions by traditional institutions seeking auditability and fraud prevention.

Solana Price Targets $210 as Bullish Signals Emerge

Solana's SOL token shows sustained upward momentum, with analysts identifying a clear ascending channel pattern. The asset currently trades at $181.92, establishing higher lows as it approaches the mid-channel zone.

Technical indicators suggest potential resistance near $375, while derivatives markets reveal aggressive short liquidations and growing open interest. Market observers note the recovery from $158 lows demonstrates resilient demand.

Solana Meme Coin Launched During Trump Crypto Dinner Fails to Gain Traction

A hastily launched Solana-based meme coin, created during an exclusive crypto dinner hosted by President Trump, quickly collapsed after failing to attract sustained interest. The token, deployed via Pump.fun during the event, briefly reached a $450,000 market cap before plummeting, leaving disgruntled holders accusing the creator of scamming.

The incident underscores the volatile nature of meme coins, particularly those tied to speculative events. Despite the high-profile setting—a gathering of top holders of Trump's official meme coin—the new token lacked the momentum to survive its initial pump-and-dump phase.

How High Will SOL Price Go?

SOL's price trajectory depends on three key factors:

FactorBullish CaseBearish Case
Technical LevelsBreak above $157.35 targets $180Close below $134.27 risks $128.50
Ecosystem GrowthStablecoin research partnershipsBSC surpassing SOL in DEX volume
Market SentimentWhale sell-offs absorbed by retailFailed meme coins dampen speculation

Robert maintains: "$175 is achievable if SOL holds $146, but MACD must flip positive for sustained upside."

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