Join Our Telegram channel to stay up to date on breaking news coverage
The Solana price prediction reveals that SOL is currently navigating within an ascending channel on the daily chart, showing signs of consolidation as traders await a decisive move in either direction.
Solana Prediction Data:
- Solana price now – $150.29
- Solana market cap – $80.29 billion
- Solana circulating supply – 534.35 million
- Solana total supply – 604.01 million
- Solana Coinmarketcap ranking – #6
Getting in early on crypto projects can often yield the most significant returns, and Solana (SOL) is a perfect example of this. Since hitting its all-time low of just $0.5052 on May 11, 2020, SOL has skyrocketed by an astounding 29,972.1%, showcasing the massive potential of early adoption. While the current price ranges between $149.53 and $152.45 in the past 24 hours, it’s still down about 48% from its all-time high of $294.33 reached in January 2025, offering both a glimpse of past highs and potential future upside.
SOL/USD Market
Key Levels:
Resistance levels: $190, $200, $210
Support levels: $110, $100, $90
The Solana (SOL) price is currently trading within a clearly defined ascending channel, signaling an overall bullish structure on the daily chart. After a recent pullback, the asset has found support near the lower boundary of the channel, indicating that buyers are attempting to defend this critical level. At the time of analysis, SOL is trading around $150.29, reclaiming ground above the 9-day moving average ($141.47) and inching closer to the 21-day moving average ($147.81). This shift suggests the potential for renewed bullish interest if the price holds above short-term support and volume begins to rise.
Solana Price Prediction: SOL Eyes Recovery as Bulls Defend Channel Support
Technically, the ascending channel remains intact, and as long as SOL maintains higher lows within this formation, the bias stays positive. A sustained move above the 21-day MA could open the door for a run toward the key resistance levels at $190, and if bullish momentum continues, further targets at $200 and $210 may come into play. However, if SOL fails to secure a strong break above the mid-range of the channel and faces rejection, the price may revisit the lower support zone, which lies near $120. A breach below this region could potentially invalidate the bullish setup and expose deeper levels, such as $110 or even $100.
Solana ETF News Update
Currently, market volume shows moderate activity, reflecting some hesitation among traders. A decisive bullish breakout would require SOL to push above recent swing highs and the upper boundary of the channel with increased volume confirmation. On the other hand, a fall below the $145 level may tilt the structure bearish, shifting short-term sentiment. For now, Solana remains in a consolidation phase within the channel, with traders closely monitoring for a breakout that could define the next leg of the trend.
SOL/BTC Eyes Recovery as Bulls Regain Short-Term Momentum
The SOL/BTC pair is showing signs of a short-term bullish reversal after finding strong support at the 1150 SAT level. The recent daily candle closed convincingly above the 9-day moving average (currently at 1344 SAT), suggesting that buyers are beginning to re-enter the market. A notable spike in volume supports this move, indicating growing interest in a potential rebound. Price has now pushed above the 1400 SAT level, marking a 5.60% gain for the day, and is now approaching the 21-day MA (at 1393 SAT), which acts as the next technical hurdle for bulls to overcome.
If momentum sustains, SOL/BTC could target the 1650 SAT resistance, aligning with the descending channel’s upper boundary. A breakout above this structure would confirm a trend shift and open the door for further gains. However, if sellers reject this move near or around the 21-day MA, price may revisit the lower range of the channel between 1300–1200 SAT, with 1150 SAT remaining a critical support floor. Traders should watch for follow-through buying or rejection candles near current levels to confirm the next directional move.
Additionally, @WhatzTheTicker shared with his followers on X (formerly Twitter) that Solana appears to be forming a classic double bottom (W) pattern — a strong indicator of a potential bullish reversal. He emphasized the importance of waiting for confirmation, noting that the next candle close will be critical in determining whether a breakout and continuation to the upside is likely.
$SOL has formed a classic double bottom (W) pattern, a bullish reversal signal.
Wait for confirmation before aping in.
The next candle close is key.Break & close = bullish continuation.#SOL #Solana #Altcoins #WhatsTheTicker pic.twitter.com/DWgK15mvcY
— Tom Tucker (@WhatzTheTicker) June 28, 2025
Solana Alternatives
Solana is maintaining a bullish outlook within an ascending channel, with recent support near the lower boundary and movement above key short-term indicators signaling renewed buying interest. While a breakout above resistance with strong volume would confirm continued upside, failure to do so could lead to a pullback toward lower support. Meanwhile, investors can access Solana through the Best Wallet platform, which has raised over $13.6 million in presale and features low-fee transactions, secure storage, cross-chain swaps, staking options, multi-wallet functionality, and an upcoming debit card offering up to 8% cashback via Apple and Google Pay.
Best Wallet Presale
Meanwhile, with over 60 networks supported, a simple interface, and a promising 8% cashback, Best Card on the way, it’s designed for both seasoned users and crypto newcomers. Early adopters also stand to benefit from an ongoing airdrop campaign, rewarding active users. With strong tokenomics and a clear vision for long-term utility and growth, now is a strategic time for investors to join the Best Wallet ecosystem before prices rise in the next presale phase.
Related News
- Solana Price Prediction: SOL Plunges 14% In A Week As Investors FOMO Buy The Solaxy Presale With Just Hours Left
- Best Wallet Presale Soars Past $13.5M, Redefines Web3 Wallet Experience
Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- 250,000+ Monthly Active Users
Join Our Telegram channel to stay up to date on breaking news coverage
