Solana (SOL) Poised for $185 Breakout—Timing the Next Surge
Solana’s SOL token shows bullish momentum as technical indicators hint at an imminent push toward $185. Traders eye key resistance levels while the network’s speed keeps defi degens hooked—just don’t mention last year’s outage marathon.
Chart patterns suggest a breakout within the next 7-10 days if Bitcoin holds steady. Meanwhile, institutional players quietly accumulate—proving once again that crypto’s ’decentralized’ heroes love Wall Street’s pocketbook.
Source: Bankrate
According to CoinCodex, Solana (SOL) will move in a sideways trajectory over the coming weeks. Indeed, the coin prediction site is bearish on SOL, suggesting the coin will dip come May. “According to our current Solana price prediction, the price of Solana is predicted to drop by -7.35% and reach $ 140.99 by May 30, 2025,” the CC analysts say. “Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 53 (Neutral).”
With $SOL holding above the $145 support and currently trading at $148, investors are eyeing the next major price level. Other analysts point to a cup-and-handle formation on the weekly chart, with a break above the $155 resistance potentially opening the door to that $180 rally. Furthermore, $SOL futures open interest hit $5.75 billion on Wednesday, suggesting the next target could stretch to $200 even before any ETF approval.
