Solana’s Bullish Surge: AI Bots and Technical Indicators Point to $340 Target

Solana (SOL) has demonstrated remarkable resilience, bouncing back from a brief correction to trade at $168.89. Technical indicators are painting a highly bullish picture, with analysts predicting a potential doubling in price. A recurring fractal pattern, which previously propelled SOL from $155 to $265, is now in play, suggesting a new all-time high of $340 could be on the horizon. The MACD's green histograms and a Golden Cross formation further bolster this optimistic outlook. Adding to the momentum, traders are increasingly turning to AI bots like Snorter to capitalize on SOL's upward trajectory. As of August 9, 2025, Solana's rally shows no signs of slowing down, with both technical and AI-driven factors aligning for a potentially historic surge.

Solana Price Prediction: AI Bots Like Snorter Gain Traction Amid SOL Rally

Solana (SOL) has rebounded from a brief correction, trading at $168.89 with bullish technical indicators suggesting a potential doubling in price. Analysts cite a recurring fractal pattern that previously drove SOL from $155 to $265, now eyeing a new all-time high of $340. MACD green histograms and a Golden Cross formation reinforce the optimistic outlook.

Traders are increasingly leveraging AI bots like Snorter to capitalize on meme coin launches within Solana's DeFi ecosystem. The bot's Telegram integration allows rapid response to emerging opportunities, particularly during consolidation phases NEAR the $161 support level. This trend highlights the growing synergy between algorithmic tools and Solana's high-speed blockchain infrastructure.

Solana (SOL) Price Holds Above $177 as Technical Indicators Flash Mixed Signals

Solana's SOL trades at $177.41, marking a 1.49% daily gain amid neutral technical indicators. The Relative Strength Index (RSI) at 54.48 suggests balanced momentum, while a bearish MACD divergence introduces uncertainty for traders.

Trading volume remains robust, with Binance spot markets recording $575 million in activity. Price action has been confined to a tight range between $173.88 and $179.66, reflecting consolidation in the absence of major catalysts.

Market participants appear focused on technical factors rather than fundamental developments, as no significant Solana-specific news has emerged in recent sessions. The asset's performance mirrors broader crypto market sentiment rather than chain-specific developments.

Solana (SOL) Eyes Breakout as Bulls Target $172 Resistance

Solana (SOL) is regaining momentum after bouncing from the $162 support level, with traders now eyeing a decisive break above $172 to confirm bullish momentum. The cryptocurrency has climbed past interim resistance at $165 and $166, trading comfortably above its 100-hour moving average.

Technical indicators suggest growing buyer interest, with SOL surpassing the 50% Fibonacci retracement level of its recent pullback from $172 to $162. Market participants are watching for a potential breakout from a contracting triangle pattern on hourly charts, which could signal the next leg upward.

The $172 level represents a critical technical hurdle, coinciding with both a previous swing high and the 76.4% Fibonacci retracement level. A clean break above this resistance could open the door for extended gains in the near term.

Nyan Cat Creator Claims $700K in Meme Coin Royalties but Avoids Endorsement

Chris Torres, creator of the viral Nyan Cat meme, has redeemed nearly 4,000 SOL ($706,000) in royalties from tokens launched on the Bags platform—including a Nyan Cat-themed token that briefly reached a $12 million market cap. The Puerto Rican artist compares meme coins to the "wild west," citing opaque token launches and uncertain trust dynamics.

Despite the windfall, Torres refuses to endorse any specific projects, preferring to focus on his 15-year art career. "I'm grateful for the support, but I don't know who launched what or who to trust," he told Decrypt. The Bags platform allows creators to earn royalties from tokens linked to their X (formerly Twitter) accounts.