The Solana price USD today is showing strong upward momentum, holding near $186.24 at the time of writing, according to CoinMarketCap data.
This marks a 4.83% gain in the past 24 hours, even as 24-hour trading volume slipped by 3.21% to $7.03 billion.
This Solana price surge was also supported by a positive market structure that had the token making higher lows as it continues to retest extremely significant resistance at $190. The question now is, Why is $SOL up today and what is the next potential target?
This rally has various price increase factors represented here:
From a technical standpoint, the token is at a key resistance range around $175 - $185.
The RSI is currently 59.17 giving some room for continued recovery towards overbought territory.
The MACD has enacted a bullish crossover with the histogram in positive territory at +0.69.
Market sentiment is also playing a big role. Professor Moriarty, a well-known crypto analyst, commented while sharing a price chart that, “If bullish momentum continues, $SOL crypto could move to $205–$225 in the short term, and in the longer term, break past $300.”
This is exactly where $300 price prediction target buzz surfaced around the cryptocurrency market today.
According to TradingView chart data, the support and resistance today are clear:
Support at $178 is crucial for keeping the bullish structure intact.
Resistance at $190 is the level to beat for a potential breakout.
If Solana price surge closes above $190 with strong volume, the next targets are $195–$200. But if it fails to break this level, then it could fall back to $178.
This is not the full picture, losing $178 could open the door to more to crash $165–$168, which is a key long-term support zone in the latest news today.
In the short term (1–7 days), a break above $190 could quickly lead to $200.
Over the mid-term (1–4 weeks), sustained trading above $190 could push prices to $210–$215.
In the long term (1–3 months), a monthly close above $200 may trigger a rally toward $230–$300.
However, top cryptocurrency analysts warn that if Bitcoin’s price weakens, it could slow altcoin’s momentum as well, so keep a close eye on bitcoin price analysis as well.
This why $SOL is up today news looks bullish as per both technical signals and market confidence. The technical setup is solid, buyers are engaged, and Solana price surge breakout is underway . Now the big concern: will it hit $300? Well, this question can only be answered by whether it breaks past $190 resistence and keeps the momentum up.
Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.