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Cryptocurrency News Articles
Solana (SOL) Price Prediction: Will the SOL Price Surge to $150?
Apr 18, 2025 at 05:17 pm
Solana is back in the spotlight after a powerful rebound that has pushed its value up 20% in just one week.
Solana (CRYPTO: SOL) price action is back in the spotlight after a powerful rebound pushed its value up 20% in just one week.
Solana’s blockchain network is known for its speed and low transaction fees, traits that are now fueling renewed trader interest as bullish sentiment returns and indicators flash green. As a result, investors are asking: will Solana reach $150?
Solana Price Surges Past $130—What’s Fueling the Rise?
After a rough start to April saw the bright lights of the bull market fade, SOL prices have reversed sharply. The recent rebound from a monthly low of $96 to nearly $134 was backed by increasing volume, recovering crucial resistance at $130. Technical indicators suggest that the rally may yet have more room to run if this level holds.
A widely followed crypto analyst noted that Solana has managed to bounce from weekly support, adding, “So far so good.” This bounce could signify a shift away from the recent downtrend.
Chart 1 – SOL/USDT Live Price, published on TradingView, April 18, 2025.
At the time of writing, SOL is trading at $133.98, displaying slight intraday movements within a narrow band between $133.26 and $136.02. Despite these minor fluctuations, the overall trend remains positive. The $130-$140 range is now acting as a zone of consolidation, setting the stage for a breakout.
Traders are increasingly focused on whether SOL can hold this range and form a higher low. The daily trading chart reflects consistent buying activity, with the RSI at 55.18 suggesting neutral-bullish momentum. The MACD is also showing a fresh bullish crossover.
With trading volume hitting over 748K, investor interest appears robust. Moreover, optimism is evident with 71.87% of traders on Binance going long on SOL—a figure that underscores the building bullish trend.
Further fueling the rally is the revival of meme coin activity across altcoin markets, particularly on Solana’s fast, cost-efficient chain. This increased speculative trading has historically been a tailwind for SOL.
These external market dynamics, combined with technical strength, are further reinforcing the bullish trend across the Solana ecosystem.
Next Stop $150? Setting the Stage
The Solana price surge is more than just a bounce; it could be a potential turning point in the asset’s short-term outlook.
The ability to hold above $130 is crucial, as this level has now flipped from resistance into a support base. If SOL manages to stay above this zone, the next resistance lies around $145-$150.
Chart 2 – SOL weekly growing momentum, published on TradingView, April 18, 2025.
From a macro perspective, the recovery is supported by increasing adoption and renewed developer interest in the Solana ecosystem. As on-chain activity grows, the SOL price could continue to reflect broader bullish sentiment in the market.
According to analysts, the current rally could be the beginning of a sustained uptrend, but it will depend on market conditions remaining favorable in the coming weeks.
So, will Solana reach $150? Only time will tell, but the technical indicators and growing volume give traders reason to remain optimistic. If the momentum continues, we might see the Solana price surge enter its next phase.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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