Solana Price Prediction: SOL Eyes Breakout Toward $250 Resistance

SOL Builds Momentum for Breakout Toward $250

Solana (SOL) price is again exhibiting signs of life following the recent pullbacks. The renewed accumulation and technical structure of the asset are raising hope among traders who are anticipating a breakout. According to several analyses, the shift to the price range above $250-260 could represent the beginning of a powerful upward trend for the token.

Analyst Gordon pointed to the fact that SOL has been developing a long ascending triangle in the weekly chart, which is one of the strongest continuation patterns in crypto. Since 2022, the token has held on to higher lows, with the upper resistance fixed at between $250 and $260. Each test of the lower boundary has experienced fresh buying pressure, which suggests that long-term holders are still confident. 

SOLUSD 1W CHART | SOURCE: X

Historically, such multi-year compressions precede significant rallies once the price breaks above resistance. A sustained push beyond $260 could open the path toward $350–$400, provided volume expands to confirm the breakout.

According to analyst BATMAN, Solana is currently sitting on a key support confluence formed by the 20-day and 50-day moving averages. This zone has once triggered reversals during market corrections. Moreso, the moving averages are flattening, hinting at a transition from selling to accumulation. If price stability persists above this level, the setup could evolve into a continuation phase toward the $210–$220 zone. The analyst’s structure reflects a strong buyer defense and a potential base for the next trend.

SOLUSD 1W CHART | SOURCE: X

On the daily chart, SOL has shown a 6% recovery since it went down to around $180. Momentum indicators are turning supportive, and the MACD is displaying decreasing bearish strength with a potential bullish crossover. On the same note, RSI readings have risen above the oversold levels, indicating a resurgence of demand. A decisive close above $195-$200 will legitimize a bullish turnaround, and probably bring in new inflows from short-term traders.

SOLUSD 1D CHART | SOURCE: TradingView

Solana Leads Altcoin Momentum 

A bullish bias is developing across the crypto sector as Bitcoin and Ethereum recover key levels. This increased confidence in the market is enhancing SOL's recovery with liquidity rotating into altcoins. Additionally, there is active involvement of developers and an increase in transactions within the network, which is contributing to its technical strength.

The use of high-performing Layer-1 assets by institutions has also grown, which drives the growth of Solana. Traders are not left behind as they anticipate a breakout in major altcoins if capital inflows continue.

If momentum persists, Solana's structure is indicating a breakout that could re-establish its medium-term trend. Once confirmed, the next leg higher could propel the asset toward the $250 resistance, where the next cycle rally for this high-performing altcoin could be unlocked.