Is Solana About to Offer a Fireworks Display to Investors?

After breaking an ultra-bullish technical pattern, SOL is taking off and now aims for 235 dollars. But the road is fraught with pitfalls: is this just a surge or the beginning of a real rally?

"Solana: Is a fireworks display in store for investors?

After breaking an upbeat technical pattern, Solana’s (SOL) crypto is surging and now aims for $235. But the road is paved with pitfalls: is this a mere spike or the dawn of a rally? An analysis of April’s tense month.

Solana: The bullish pattern that changes everything

At the moment Blackrock adopts Solana for its blockchain fund BUILD, the SOL crypto has broken a “falling wedge” pattern since March 19, 2025. To put it simply, it is a graphical configuration where the price gradually decreases inside a channel that is becoming increasingly narrow… until the bullish explosion occurs. And this explosion, we are in the midst of it!

This type of breakout is a strong signal: it indicates that sellers have lost control, and buyers are now in the driver’s seat. Since this breakout, Solana has not looked back and continues its ascent.

The goal: $235 by the end of April?

If we follow the logic of this technical pattern, the price of Solana should theoretically reach the top of the wedge, which is $235. A high target, yes, but not unrealistic if the current momentum continues. Especially since technical indicators support this view:

Now, if we glance at the chart, we can see that the price has already crossed the first level of resistance at $154. A failure to break through this resistance could quickly derail the bullish euphoria.

If, on the contrary, Solana hits this resistance at $154 and bounces downwards, the euphoria could be short-lived. A pullback would put a dampener on the bullish trend and could delay the famous 65% rally.

In short, everything hangs in the balance now: either SOL makes the conversion and heads towards $235 in April, or it gives us a bit of stress by falling back below $154 (as it is currently at $136) before trying again. The month of April promises to be eventful. With the rise of Solana and increasing mining difficulty for Bitcoin, cryptocurrency investors will have plenty to keep them busy.

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The world is evolving and adaptation is the best weapon to survive in this changing universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly linked to blockchain and its derivatives. To share my experience and promote a domain that I am passionate about, there is nothing better than writing articles that are both informative and pleasant to read.