Solana Crushes Top 100 Rivals: $250 Target Now in Striking Distance

Solana isn't just leading the pack—it's lapping the competition. While other altcoins struggle to keep pace, SOL's blistering rally leaves even Ethereum gasping for breath.

Here's why traders are flipping bullish:

- Speed demon architecture: Solana's TPS smokes layer-1 competitors, processing transactions at Visa-level speeds while ETH still charges $20 for a sandwich trade.

- Institutional FOMO: Big money's finally waking up to what degens knew years ago—this chain actually works (when it doesn't crash).

The $250 psychological barrier looks fragile. With momentum like this, SOL might just moon while Wall Street's still writing its 'intro to blockchain' PowerPoint.

When Could Solana Hit the $250 Mark?

Solana (SOL) has had quite a ride over the last few years. The asset’s price tanked to below $9 after the collapse of FTX in 2022. Since its 2022 lows, SOL has hit multiple all-time highs. The asset’s most recent peak was $293.31, which it hit in January of this year. SOL’s price has dipped by 32.3% since its January peak.

CoinCodex analysts do not expect solana (SOL) to hit the $250 mark anytime soon. The platform predicts SOL to rally over the coming weeks, but not to the $250 price point. CoinCodex anticipates SOL to trade at $223.39 on Oct. 25. Hitting $223.39 from current price levels will entail a rally of nearly 13%.

Solana’s (SOL) latest rally is likely due to the market-wide rebound. The crypto market began an upward movement after Consumer Price Index (CPI) numbers came in lower than anticipated. The development has led to optimistic expectations for an interest rate cut in September 2025. A rate cut may further propel SOL’s rally.

While the CPI numbers are quite bullish for the crypto market, there is also a chance that we may face another correction. September has historically been a bearish month for Bitcoin (BTC). Moreover, the global economy is still quite weak. Trade wars and geopolitical tensions could present challenges to the cryptocurrency market. SOL’s price could dip under such pressures.