3 reasons why $SOL is ready to explode
The crypto market loves drama – one day you’re an outsider, the next everyone is talking about you. In recent months, the spotlight hasn’t been on Solana. The price kept hitting resistance around $200, and compared to Bitcoin and Ethereum it looked increasingly weak.
But is something starting to turn around? The past few days show that we might be on the verge of a new uptrend for $SOL.
$SOL/$BTC: the downtrend is broken ✅
Since the beginning of January, Bitcoin has been outperforming Solana. The chart was in steady decline – until last Sunday when $SOL made a higher high and broke this negative trend. This is the first serious signal of change.
$SOL/$ETH: close, but still waiting for confirmation 🙏
Against Ethereum, the picture also looks better. Solana managed to break out of its five-month decline, but for a true “yes”, the weekly close needs to land above the key chart line. In other words – Sunday night will be decisive.
$200: barrier finally broken ✅
The $200 level had become a real curse for Solana. For more than two years, every attempt to hold above it failed – even during major events like the Trump Pump at the end of 2024 and the launch of the $TRUMP memecoin.
Now, however, the picture is different. Last Sunday Solana closed above $200 and has continued upward since – a sign that maybe the time for a real breakout has finally come.
The coming months will be crucial. Here are some key catalysts that could push Solana even higher:
- Approval of Solana spot ETFs in the U.S.
- Major companies publicly announcing billion-dollar Solana purchases ($1B+ scale)
- Launch of Firedancer, which could solve network outage issues
All the puzzle pieces are starting to align. Solana is finally stepping out of the shadow of Bitcoin and Ethereum, and the $200 barrier now seems behind it.
Will we see a major breakout soon? That remains to be seen. But one thing is certain: Solana is back in the game, and all eyes are on it.
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