Solana Price Prediction: SOL Gear Up for New All Time High Rally?

Solana Price Prediction: Rounded Bottom Pattern Signals Next SOL Rally

Could Solana be on the verge of its next major rally despite the recent crypto market crash? Today, it has surged 4.58% in a single day, jumping from $195.69 to $203.66, with a market capitalization of $111.34B and $11.45B in 24-hour trading volume. 

Source: CoinMarketCap

The question on every trader’s mind: Will Solana hit $500, or is a selloff imminent?

Why Is Solana Going Up Today? Whale Movements Under the Spotlight

According to Lookonchain, Forward Industries, which previously purchased 6.82M ($1.38B) at $232, recently deposited 993,058 ($192.08M) to Coinbase Prime 15 hours ago. Of that, 250K coin ($50M) moved to Galaxy Digital. Meanwhile, FTX/Alameda redeemed 192,936 $SOL ($39.32M), transferring 88,131 coin ($17.64M) to Coinbase Prime.

Source: Lookonchain

Solana whale withdrawals to exchanges are generally bearish indicators, adding supply and short-term selling pressure. Trades classify such actions as bearish, usually. But sustained demand or fresh buyers scooping up dips might nullify such pressure, maintaining SOL bullish. This is the double dynamic creating today's steep but chastened climb.

Solana Price Prediction: Rounded Bottom Indicating Gigantic Gains

Technically, the coin has emerged from an 18-month-long reaccumulation channel and retested successfully the $180–$200 area. The breakout is a structural change in the Solana market trend, with the signal of a new markup phase. The chart is a pure rounded bottom (cup) shape, with neckline resistance of $250.

Source: X

If it strongly breaks above this level, the price can move towards $500–$520 based on the base depth. Uptrending volume on the legs and the increasing 20-week EMA further add to the positive trend. If the momentum persists and BTC stabilizes, reaching $500 in 3–6 months, possibly in Q2 2026, is very much in the cards.

Will Solana Price Hit $500? All-Time High on the Horizon

Now the all-time high of SOL is $294.33, so a big rally is still a strong possibility. The combination of whale action, technical breakout, and growing investor excitement suggests that it is poised to experience a likely new ATH. Traders should watch the $250 resistance area closely—busting through this could herald the next SOL rally.

Market experts are asking themselves: Is it a spike or a short-term retracement? With the current bullish setup, strong support above $200, and momentum indicators, the tale leans in favor of a spike.

Conclusion

Solana price action, whale wallets, and technical chart morphology indicate a bullish trend with an over-average chance of breaking to a new all-time high. With the $200 support intact and a breakout above $250 in store, it can quite easily aim for $500 in the next few months. Traders and investors need to remain on their toes—it is preparing for its next massive rally.

Disclaimer: This article is for informational purposes only, not to be considered as financial advice. Do your own research before investing.