Price Analysis View Non-AMP

Solana (SOL) Price Hits $264 ATH: Will $300 Be the Next Stop?

Published by
Sohrab Khawas

As Bitcoin surpasses the $99,000 mark, with a new all-time high of $99,314, Solana shares the momentum to hit a new ATH. With a 10% surge in the last 24 hours, the bull run in SOL price powers tailwinds for other altcoins. 

Will this fresh bullish trend drive the SOL price to $300 as it enters the uncharted price levels? Let’s find out in Coinpedia’s latest Solana price analysis.

Solana (SOL) Price Performance

In the weekly chart, the SOL price action showcases a descending triangle breakout rally, completing a cup and handle pattern. This pattern breakout with the neckline at the $249 mark has resulted in a new all-time high for Solana. 

Currently, it is trading at $262, with a 24-hour high of $264. As the bullish trend continues, SOL price action is on the verge of completing the third consecutive bullish week. 

As Solana is trading at uncharted levels, the underlying bullish momentum is teasing an uptrend continuation. Furthermore, with the broader market recovery at play and Bitcoin inching closer to the $100,000 mark, Solana is likely to hit the $300 mark. 

Technical Indicators:

MACD: Supporting the bullish trend, this indicator gives a positive crossover with a spike of bullish histograms.

Will Solana Hit $300?

Based on the Fibonacci levels, the upside price target for Solana is at $602.92. This price coincides with the 1.272 Fibonacci level on the logarithmic chart.

On the flip side, a retest of the $250 breakout is possible if the buying pressure recedes. 

Curious about Solana’s future? Read Coinpedia’s latest Solana (SOL) Price Prediction for future price targets.

FAQs

What is Solana’s current price and performance?

Solana is trading at $262, up 10% in the past 24 hours, after breaking out of a descending triangle and completing a cup-and-handle pattern.

What are Solana’s next price targets?

Short-term targets include $300, with a long-term Fibonacci-based target at $602.92 if bullish momentum sustains.

What indicators support Solana’s bullish trend?

The MACD indicator shows a positive crossover, supported by a surge in bullish histograms, signaling continued upward momentum.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Recent Posts

Solana Outflows Spike, Potentially Dragging the Price Below $140, While The $250 Target Remains Active

Solana is pulling back into key support levels, as the selling volume is causing the…

June 6, 2025

XRP Price Ready to Explode to $5-Here’s When!

The XRP price is currently facing immense selling pressure, which has dragged the levels below…

June 5, 2025

Best Meme Coin to Buy in June – Top Picks with 50x Potential for Early Adopters

June presents fresh opportunities for investors aiming for substantial gains in cryptocurrency. Emerging meme coins…

June 5, 2025

Utility Gems Before the Rise: Why Ruvi AI (RUVI) Could Be the Best Ripple (XRP) Alternative

Ripple (XRP) has long been celebrated as a utility-focused cryptocurrency, particularly for pioneering efficient cross-border…

June 5, 2025

Top AI & Big Data Projects to Consider in Q3 2025: LINK, ICP, NEAR, LPT & INJ

Artificial Intelligence (AI) and Big Data are transforming cryptocurrency by providing tools for analysis, prediction,…

June 5, 2025

Is Ozak AI the Next Altcoin Superstar After Bitcoin and Ethereum?

Cryptocurrency market evolves, investors constantly seek the next breakout project—one that offers real-world utility, disruptive…

June 5, 2025