Solana (SOL) Hits New All-Time HighBreaking Records After Near Collapse
Solana ( CRYPTOCAP:SOL ) has achieved a remarkable milestone, surpassing its previous all-time high of $260. This new peak represents an extraordinary comeback from its low of $8 in late 2022 following the FTX collapse. The cryptocurrency market is buzzing with renewed optimism as Solana's trajectory mirrors the broader market resurgence, including Bitcoin's recent record highs.
Fundamental Drivers: Why SOL is Surging
1. Market Sentiment and Political Shifts
Solana’s resurgence coincides with major political developments in the U.S. The recent presidential victory of crypto-friendly candidate Donald Trump has infused fresh optimism into the crypto market. Additionally, the announcement of SEC Chairman Gary Gensler's resignation in early 2025 signals potential regulatory easing, which has boosted investor confidence across the crypto landscape.
2. Resilience and Technological Advancements
Solana's developers have worked diligently to address past issues, notably network downtimes. These improvements in stability, coupled with a strong focus on scalability, have restored faith in Solana's long-term potential. Solana Labs’ expansion into mobile hardware and decentralized apps has also contributed to this positive sentiment, reinforcing the ecosystem's robustness.
3. Alignment with Bitcoin’s Momentum
SOL's surge is closely aligned with Bitcoin's performance. As Bitcoin smashed past $98,000, Solana's price movement echoed this bullish trend, suggesting that institutional and retail investors are diversifying their portfolios within the crypto space.
Technical Outlook
Despite a minor pullback of 0.5% at the time of writing, CRYPTOCAP:SOL remains in a bullish zone. Its Relative Strength Index (RSI) stands at 64, indicating strong upward momentum without being overbought.
Key Indicators:
- Support Level: $223, which served as a resistance-turned-support during the recent breakout.
- Resistance Zone: The next significant resistance is at $300, we are suggesting a potential run to $500 before the end of the year.
- Moving Averages (MAs): SOL trades well above key moving averages (50-day and 200-day), indicating strong bullish sentiment.
Future Outlook: Can SOL Reach $500?
Given its current momentum and broader market conditions, Solana's path to $500 seems increasingly plausible. The ecosystem's growth, strategic improvements, and favorable macro conditions provide a robust foundation for continued success. However, investors should watch for potential market corrections and external regulatory shifts.
Conclusion
Solana's rise to an all-time high underscores its resilience and the growing confidence in its ecosystem. With a bullish technical setup and strong fundamentals, CRYPTOCAP:SOL could potentially hit the $500 mark by Christmas, further solidifying its position as a leading blockchain contender.
SOL
MAD's Next Move: Is a Retracement Coming After Its 500% Rally?
BCBA:MAD has emerged as one of the most dynamic tokens in the market, experiencing a remarkable surge of 74% within the past 24 hours and an astounding 500% over the last 7 days. This growth underscores significant investor confidence and community momentum, despite the absence of a Centralized Exchange (CEX) listing. Currently trading on decentralized platforms like Meteora and Raydium, MAD's success highlights the strength of decentralized finance (DeFi) and the potential for niche tokens to carve out substantial market presence.
The trading volume of MAD stands at $5.5 million in the last 24 hours, reflecting a recent decline of 41.5%, which signals a cooling-off period after its rapid ascent. However, this does not diminish the token's impressive performance. With a market cap of $63.6 million, MAD is ranked #699 on CoinGecko, indicating room for significant upward movement, especially if it secures CEX listings.
Key Metrics to Note:
- Current Price: Just 8.38% below its all-time high of $0.00007062, set only hours ago.
- Market Cap: $63.6 million, with a circulating supply of 1 trillion tokens.
- Fully Diluted Valuation (FDV): Also $63.6 million, implying all tokens are in circulation—a transparent indicator for potential investors.
Technical Outlook:
From a technical perspective, MAD recently broke out of a falling wedge pattern, a classic bullish reversal formation that often precedes significant upward momentum. The breakout has been validated by strong trading activity and price appreciation, pushing the token into an overbought zone, as indicated by an RSI of 91.
Key levels to monitor include:
- Support Zones: 38% Fibonacci retracement level at approximately $0.00003526, a crucial area where the price may stabilize if selling pressure increases.
61.8% Fibonacci level represents a deeper support zone that aligns with investor sentiment, suggesting strong buying interest at this level.
- Resistance Levels: Immediate resistance sits at $0.0000859, a threshold that, if broken, could signal a continuation of the bullish trend. Long-term target of $0.0012 remains feasible, given the current market cap and trading dynamics, especially with potential CEX listings or ecosystem developments.
Comparative Performance:
MAD's performance has far exceeded both the global cryptocurrency market, which is up 9.2%, and similar meme tokens, which are up 7.9%. This outperformance suggests strong investor enthusiasm and a growing community base that could sustain long-term growth.
Catalysts for Future Growth:
1. CEX Listings: A listing on a major exchange like Binance or Coinbase could significantly boost MAD's visibility and trading volume.
2. Community Engagement: Continued community-driven initiatives and potential partnerships could further solidify MAD's position in the market.
3. Ecosystem Development: Expansion of utility or integration into DeFi projects can add intrinsic value beyond speculative trading.
Conclusion:
MAD's recent performance is a testament to its strong market positioning and the potential for further growth. While a short-term correction might be on the horizon due to overbought conditions, the fundamental and technical indicators suggest that MAD is well-poised for long-term success. Investors should keep a close eye on support levels and upcoming announcements, as the token could continue to make significant strides in the crypto space.
SOL → One step away from ATH. Will the maximum be updated?BINANCE:SOLUSDT is rallying and testing the high of 248.44, but what is remarkable is that the coin is not pulling back, but consolidating with the aim of reaching ATH or even updating it.
The fundamental background of the coin is strengthening as an exchange-traded fund may emerge on the basis of Solana, most likely the issue will be discussed in 2025. There are only 2 ETFs approved so far, bitcoin and etherium.
Technically, on W1 the bulls are trying to take control of the 243-244 area. Buyer's chances are quite promising, accordingly, if they manage to keep the defense above this zone, the coin has all chances to form a new all-time high.
Resistance levels: 245.3, 248.5, 259.9
Support levels: 242.3, 234.3
The trigger zone is 245.3. A breakthrough and price consolidation above this zone may provoke aggressive buying with the purpose of growth continuation.
It is possible that the price may form a correction, for example, to 242.3, 238, 234 before continuing its growth
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:SOLUSDT ;)
Regards R. Linda!
Sol Extremely Bullish FractalHi
Please click like
So this is as fractal from previous bull run in 2021, and used the same fibonacci targets for this bull run.
The chart here is SOLBTC, so if peak on this chart is 0.01BTC and BTC today is 100K =
SOL 1k.
If BTC peak is 200K -> Sol is 2K... etc.
----
This is a dreamy target, but it is in my opinion important to have some extreme targets.
I have been in crypto for 7 years, and havent we all seen extreme things happen ?
Perhaps this could be possible with SOL "eth killing" and taking the coin nr 2 place ?
Watch below some other SOL vs ETH ideas. It looks.. possible..
Or ? What do you think ?
SOL/USDT 1D trade idea Solana has been one of the best performing majors so far this Bullrun, and has had one of the best reactions to the recent sell off.
The DAILY chart is an interesting one and clearly respects the range structure, currently the price has just rejected off the MIDPOINT and for me is an area of contention, there are some triggers i'd like to see and can take action on:
- Accumulation below the Midpoint before a break above putting in higher highs and higher lows when above. The target would then be range high with the 0.75 line as first TP.
- A new lower low and lower high on the LTF from now may signal a move lower, this could then find support at the 0.25 line which is also where the 1D 200EMA is and therefore good support.
A close up of the solusd chartThe other version of this chart I posted was on the 1 month time frame so kinda zoomed out so I thought it would be fun to keep track of sol’s price action on the 1 day chart timeframe as well. I will link the 1 month version of the chart below. It’s currently steadily climbing its way to the first target. *not financial advice*
SOL/BTC is still bullishAfter a bullish wave, Solana has entered a range.
In this range, it has continuously created higher Ls and formed a bullish iCH.
This currency pair is ready to move towards the two specified targets.
Closing a daily candle below the invalidation level will violate this analysis.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
Solana’s Path to $500: Is It the Investment of the Year?Solana ( CRYPTOCAP:SOL ) continues to defy expectations, showcasing resilience and growth even in a volatile market. With SOL Global Investments Corp announcing plans to raise CAD 3.6 million to acquire Solana tokens, institutional interest is reaching new heights. This strategic move comes as Solana gains traction as a leading blockchain platform, further solidifying its reputation as the "Ethereum Killer."
Fundamental Highlights
SOL Global Investments Corp, a Canadian firm, is raising CAD 3.6 million through a private placement to bolster its digital asset portfolio, focusing heavily on Solana. The offering consists of 18 million units priced at CAD 0.20 per unit, with each unit containing one common share and half a purchase warrant exercisable at CAD 0.30. The proceeds will fund Solana token acquisitions at current market prices.
This investment reflects a broader strategy by CRYPTOCAP:SOL Global to capitalize on Solana's growth potential in blockchain and digital assets. The decision underscores the increasing institutional confidence in Solana's robust ecosystem and its ability to deliver scalable, decentralized solutions.
Solana’s market performance supports this optimism:
- Market Cap: $112 billion, making it the 4th largest cryptocurrency.
- Trading Volume: $6.63 billion, reflecting heightened liquidity.
- Recent Performance: +43% over the past month, with a current price of $237.
These fundamentals highlight Solana’s growing dominance in the crypto space, particularly as institutional investors like SOL Global position themselves to benefit from its upward trajectory.
Technical Analysis
Solana's price action suggests it’s poised for further growth. Currently trading at $237, the token shows mixed signals on the daily chart but retains an overall bullish outlook.
The appearance of a doji candlestick signals indecision among traders. However, this often precedes a continuation of the prevailing trend, which in Solana’s case has been upward.
Solana’s RSI stands at 70, entering overbought territory. While this suggests caution, it also indicates strong momentum that could drive the price higher. CRYPTOCAP:SOL has consistently traded above key moving averages for over a week following an extended consolidation period. This is a bullish sign, confirming the token’s breakout strength.
We predict Solana (SOL) could rally towards $500 in the coming months, supported by institutional inflows and the platform’s growing ecosystem.
The Broader Picture: Solana’s Ecosystem
Solana ( CRYPTOCAP:SOL ) has cemented its status as a premier blockchain platform, boasting faster transaction speeds and lower costs compared to Ethereum. Its increasing adoption for decentralized applications (dApps), DeFi protocols, and NFTs highlights its utility and scalability.
This narrative is further reinforced by SOL Global’s significant investment, which not only validates Solana’s potential but also sets the stage for a continued price rally. With strong fundamentals and technical indicators aligning, Solana is well-positioned to capitalize on the growing demand for blockchain solutions.
Conclusion
Solana’s journey to $500 may not be far-fetched. The combination of institutional backing, strong market fundamentals, and bullish technical signals suggests the blockchain is on a path to greater adoption and valuation.
Will CRYPTOCAP:SOL hit $500 before Christmas? With the current momentum and growing interest, Solana might just redefine what’s possible for the crypto market this holiday season.
FARM: A DEFI Platform with Explosive Potential"FARM is a solid and innovative DEFI platform, comparable to big names like AAVE, Compound, and Yearn Finance, offering efficient staking and yield generation. Recently, it has gained attention for its unique structure and fundamentals that suggest extraordinary growth potential.
With exactly 672,183 tokens in circulation and a market cap of just $30 million, FARM is positioned for significant movement. Comparable platforms have already surpassed $100 million, and all signs indicate FARM could reach that milestone soon.
If FARM hits $100 million in market cap, it would represent an approximate 300% increase from its current valuation. This extreme scarcity of tokens, combined with its functionality as a DEFI platform, places FARM in a uniquely advantageous position in the crypto market.
Opportunities like this are rare. For those keeping an eye on the market, FARM showcases the characteristics of a project poised for rapid and significant growth. Stay alert—this could be one of the most exciting moves we see in the near future. 🚀 COINBASE:BTCUSD BINANCE:BTCUSD COINBASE:ETHUSD
BITCOIN Top Price PredictionIf things flow as they are, I am calling 108-118,000 as the top before a retrace. The timing should land us right before Trump is sworn in. People are buying the 'rumor' and will sell the news. After that, good or bad policies from him will dictate what happens next. CRYPTOCAP:BTC CRYPTOCAP:ETH CRYPTOCAP:SHIB CRYPTOCAP:PEPE CRYPTOCAP:BONK CRYPTOCAP:SOL CRYPTOCAP:XRP
SOL the Ethereum KillerIf ETH and SOL continues 1 more year following this red arrow... SOL has overtaken ETH and will be coin nr 2. ( isnt it sort of already ? )
im not really saying its going to happen this bullrun, but .. can it ?
details of how this chart is made:
ETH/SOL ( market caps )
and chart is inverted upside down
SOL could reach all time high againSolona has been one of the most hated crypto since SBF and FTX but I am seeing similar patterns with the TNX and (NVAX) a stock that had a meteoric rise during covid 19. This is also a well know bearish shark pattern. Its quite interesting that 3 different sectors have similar patterns.
Bears will say it is probably nothing.
Please do your DD as this is not a financial advice.
Please like if you find helpful.
Alikze »» SOL | wave 3 out of 5 bullish scenario - 8H🔍 Technical analysis: The second bullish channel - wave 3 out of 5 bullish scenario
- According to the analysis presented by Solana in the previous post , the targets specified in the ceiling of the channel (the range of the first red box) were touched.
- It has now entered the second bullish channel with the break of the red box, which can continue with a pullback to the broken structure of this movement cycle.
- Therefore, according to the upward trend and the continuation of Solana's movement cycle, which is in wave 3 out of 5, the targets specified in the chart are within reach of the upward trend of Solana's currency.
💎 Objectives: The middle of the second ascending channel and then the ceiling of the channel and the specified supply area will be.
It is currently in wave 3 out of 5, which can crown the mentioned targets.
⚠️ In addition: if the Invalidation LVL area is updated and touched, the continuation of the upward scenario will be invalidated and must be checked and updated again.⚠️
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:SOLUSDT
SOLANA can ascend further!As you can see, the price has been able to pass the cup and handle resistance, but this does not mean that the resistance is broken. We need to wait until this weekly candle closes for the breakout to be confirmed. If we measure the AB range, which is $180 , and if the breakout is confirmed, we can say that the price will easily grow $180 equal to CD.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
RAY Opportunity: The Time to Jump In Is Now!D1scord and R3dd1t channels are projecting an impressive 200% probability of gains for RAY in the upcoming moves! Expectations are high that this asset is about to explode, and those positioned now stand to maximize the potential of this pump.
Tips to Make the Most of It:
1️⃣ Load up your RAY bags while it’s still affordable.
2️⃣ Focus on Spot, protect yourself from potential liquidations, and stay disciplined.
3️⃣ Follow the signals and seize the opportunity at the right moment.
All signs point to a major move on the horizon – RAY is ready to take off! Don’t miss your chance to get in before the breakout. COINBASE:ETHUSD BINANCE:SOLUSDT BINANCE:BTCUSD
The Banana Zone Series - Solana (SOL)Alt-season is here. BTC breakout has been confirmed. If you missed positioning for the next level of exponential moves, what are some of the buy the dip zones while still have time for the bigger moves into the banana zone.
We continue the series with Solana (SOL).
As you can see in my analysis, pull backs to $208 and below is my new accumulation zone. I will initiate some leveraged longs for new trades in preparation for the moves to the banana zone in the alt season.
For more aggressive traders, $210 and below can be the trigger longs with tight stops.
Note that this is a weekly chart so the price action will take place over the 6 to 9 months.
Not a financial advice so DYOR.
Alikze »» STX | Ascending channel🔍 Technical analysis: Ascending channel
- It is moving in an upward channel in the weekly and daily time frames.
- Within the ascending channel after a moving cycle, it has so far had good reactions to the tops and bottoms.
- In the short term, it has been moving in a descending channel, which is recorded in the golden zone of a reversal candle.
💎 Therefore, it can grow after the break of the descending channel, after the touch of the 2.42 range in the middle of the channel, after the pullback to the broken structure, the continuation of the upward path to the specified areas and then to the ceiling of the channel.
💎 In addition, if the golden zone and the bottom of the ascending channel are broken, the continuation of the ascending scenario will be invalid and should be reviewed and updated.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:STXUSDT
TOTAL Cryptocurrencies: Global Market Indicator and AnalysisAccording to my theory, we are witnessing a crypto market growth cycle with a growth phase of 35 months and a correction phase of 13 weeks. I expect the crypto market to continue to grow until November 1, 2025, driven by the arrival of large investment funds and corporations behind blockchain technology as well as tokenization. The RWA sector is at a nascent stage and trillions of assets will be tokenized and used for fast transactions, ease of transfers, 24-hour accessibility and transparency. In addition, the arrival of institutional investors via ETFs should not be overlooked. Today, BlackRock owns over 470k BINANCE:BTCUSDT and is unlikely to stop. BYBIT:ETHUSDT is undervalued, BINANCE:SOLUSDT shows the very availability of cryptocurrency for everyone on the planet. Memesession is actually testing the Solana network for its suitability for massadoption. Staying bearish regarding the cryptocurrency market looks like ignoring the internet in the early 2000s. Focus on the RWA direction, a large number of projects are about to show parabolic growth!
Horban Brothers.