Solana Surges 7.2%—Leaves Bitcoin and XRP in the Dust: Is $180 the Next Stop?
Solana just pulled off a stunner—blasting past Bitcoin and XRP with a 7.2% rally. Traders are now eyeing that $180 price target like it’s the last lifeboat off the Titanic.
The SOL Bullet Train
No brakes on this ride. While Bitcoin grinds sideways and XRP plays catch-up, Solana’s speed and low fees keep it sprinting ahead. The network’s defying the ‘Ethereum killer’ label—it’s busy eating everyone’s lunch.
The $180 Question
Technicals scream bullish, but let’s not pretend crypto isn’t a casino. If SOL clears resistance, $180 becomes the meme-du-jour. If not? Well, there’s always another ‘next big thing’—just ask the hedge funds still bag-holding Luna merch.
Source: CoinGecko
Cryptocurrencies Gain Amid Uncertainty
The crypto market faced considerable uncertainty after recent global tensions. The Israel-Iran conflict led to significant market volatility. Solana (SOL) fell to the $142 mark on June 15. Bitcoin (BTC) fell to the $100,000 mark earlier this month.
The market seems to be recovering from the recent dip. BTC has since reclaimed the $106,000 level, and SOL has hit $156.60 today. We may see a continued rally over the coming days.
Will Solana Hit $180 Next?
SOL hit an all-time high of $293.31 earlier this year in January. The asset’s price has fallen by 46.7% since its January peak. SOL has struggled to gain momentum over the last few months. BTC seems to be the only cryptocurrency making significant upswings. Other assets seem to be facing substantial resistance.
According to Changelly, SOL may face a slight dip over the next month. The platform anticipates the asset to trade at $153.17 on July 15. SOL will face a 2.19% correction if it falls to $153.17.
SOL may not face a correction as predicted by Changelly. SOL could rally further if the market upswing continues. An interest rate cut from the Federal Reserve may lead to more risky investments. Such a scenario could lead to SOL reclaiming the $180 price point.
