Solana broke the $210-220 resistance zone supported by volume and conviction, but what would be the optimal price prediction that SOL can achieve?

Some experts say SOL USD can reach up to $400, or this could be a bull trap once again, like early this year?

We are going to look into some of the most important metrics and news surrounding Solana’s recent bullish behaviour.

Market Cap

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New ATH or Bear Trap: Realistic Solana Price Prediction

Let’s start with the fact that Solana just broke long-awaited resistance at $210-$220 level and did it violently. Since March this year, SOL has been making higher highs and higher lows on the daily timeframe, forming an ascending triangle, suggesting the strength that the SOL USD pair has.


(Source – Tradingview.com)

That triangle was smoked by itchy fingers clicking the green button like it was nothing, proving once again crypto is not dead.

But it feels like SOL is just starting, like there is a snowball that will form an Avalanche possibly turning into new ATH for Solana Solana 4.07% Solana Solana SOL Price $73.34 4.07% /24h Volume in 24h $1.99B Price 7d Buy with Best Wallet .

With experts watching next resistance, and the biggest so far. The supply zone from $250 to $280 which will be the final boss before possible $400 mark.


(Source – Tradingview.com)

One thing that we have to keep in mind is previous bull trap that was formed and led to huge liquidation events early this year. If that happens once again retail is going to be burned really hard.

In that situation, it is smarter to reduce the size of resistance and wait for a breakout + retest, and confirmation before entering another ATH adventure.

From a technical perspective of Solana and price prediction, this is what we can expect without overthinking too much.

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As of speaking Galaxy Digital bought another 706,790 SOL worth $160M bringing the total amount of SOL to more than 2M. If that is not institution to buy your bag i don’t know what it is.

On top of that, recent fundamental upgrade, Apenglow was approved with a 98% success rate from validators. This will boost already lightning fast chain pushing it on the pioneer seat among other Layer 1.

Scalability will be dramatically higher and latency will be improved to amazing 100ms. If you are familiar with Elon Musk raptor engines on his new rocket this is how it will look the difference if I can visualize it.

Another key metric that have made new ATH is the TVL, Solana just surpassed $12Bn with 3% gain and  $1.5M in fees just for the last 24 hours.

Most definetly this is one of the factors that shows the renewed interest in the Solana ecosystem, suggesting even more that new ATH is possible.

(Source – defillama.com)

The rest I’m gonna leave to you so I can move to another interesting topic that is emerging on the Solana network.

SNORTER – Solana Killer Move Trading Bot

With SOL USD trying to catch the choo-choo train to Apenglow, some rising projects are using the Solana tech to be at the forefront of the trading bot industry.

As time advance technology is not left behind, and if you want to be competitive you have to be in touch with the latest developments in this industry.

Otherwise PvP game is getting out of hand and you will be the mob in ACT 1 ( for Diablo fans) that everybody harass on repeat.

Snorter is powered on Telegram through SVM (Solana Virtual Machine). That gives you the speed to snipe not only on Solana but also on Ethereum network.

Some of the amazing features that Snorter provides are from honeypot detection to rugpull protection.

Right now the project is in presale and you can join it just for $0.1041 per SNORT coin and further stake it for amazing 120% APY that will boost your bag.

So far the project have raised $3,8M speaking how the Solana hype right now can overflow to another SOL based projects.

For the latest updates on the project, connect with the Snorter community on X and Instagram.

Visit SNORTER Here

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Key Takeaways


  • Solana price prediction experts say $400 is coming.
  • SOL beta play SNORTER will change your trading experience.
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    Ivan Andonov
    Ivan Andonov

    Ivan is born and raised on diet of shopska salad, hard work, and deep-rooted skepticism of banks. With mechanical engineering background. Discovered crypto in 2020 and never looked back. Passionate about blockchain , DeFi and everything related to cryptocurrencie and... Read More

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