Solana (SOL) Rockets 22% in May—Traders Now Targeting $320

Solana’s native token SOL is on a tear—up 22% this month alone as the ’Ethereum killer’ flexes its low-fee, high-speed muscles. Here’s why analysts are whispering about a run to $320.

The breakout nobody saw coming

While Wall Street was busy overengineering another doomed crypto ETF, SOL quietly strung together seven green weekly candles. Network activity is spiking, meme coins are flooding its ecosystem, and that 400ms block time is looking sexier than ever to defi degens.

Watch these key levels

The $220 resistance just crumpled like a CeFi lender’s balance sheet. If SOL holds above this zone, the path clears for a retest of March’s $260 peak—and potentially that juicy $320 target. Just don’t tell the SEC about all the unregistered securities trading on Serum.

Solana’s proving it can weather crypto winters better than most. But let’s see how those validator rewards look when the VC unlocks hit.