Despite the market turbulence, Solana (soil) shows resilience by maintaining a level of critical support that analysts think can serve as a launch ramp for new gains. A solid pricing structure can open the door to a peak around $ 387 in the coming months, because Sol is currently negotiated at around $ 204. However, how much is this objective possible?
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Maintain key support levels
Solana’s ability to stay vital Support areas was one of his strongest costumes in recent weeks. Sol has shown a positive impulse while holding stable above the important levels despite the general reductions in the market. Analysts believe that if Solana can continue to support around $ 200, the next upward goal could be much more than $ 300, $ 387 appearing as a possible peak.
With a market value of more than $ 98 billion at the moment, Solana is among the most efficient assets in recent months. Still in a strong recovery, Sol shows an increase of almost 3% in the last 24 hours.
According to cryptocurrency researcher Ali Martinez, Solana is currently testing a large area of support at the lower border of a parallel channel. Such a level of support is very important because if Sol manages to hold over it, the upward trend can be even stronger consolidated, which can cause a fairly serious price pump.
#Solana $ Soil Test a level of key support at the lower limit of this parallel channel. Holding above, this could strengthen the upward trend, fueling a recovery at $ 387! pic.twitter.com/ezdpgczkxr
– Ali (@ali_charts) February 8, 2025
The overvoltage of the growth of the Solana network
Another factor that increases excitation in the region is the rapid expansion of the Solana network. By pretending to generate more than 5 million new addresses in a single 24 -hour period, studies indicate that use is increasing. An increase in token demand is a common consequence of the increase in activity on the chain, so this increase in user participation could be a major engine in the soil price.
If this trend continued, Solana can have an advantage over competitors, thus improving its long -term optimistic case.
Some analysts are nevertheless questionable as to the viability of such an explosive development and advises investors to confirm the facts on the chain before making decisions.
Can Solana reach $ 387?
Reaching the level of $ 387 would mean that the Altcoin will have recorded a price elevation of 91% compared to its current valuation. Many factors could interfere, but some market observers think that the target is not so difficult to reach.
A good amount of bullish feeling, the massive acceptability of the native currency of Solana, network upgrades, in addition to a macroeconomic macroeconomic environment should be sufficient for Sol to reach a new step.
Historically, Altcoin prices moved by Bitcoin price trends; Therefore, for Solana to climb $ 300 to $ 400, Bitcoin must exceed $ 105,000.
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The upcoming road for soil investors
Although the technical and fundamental perspectives of Solana are promising, volatility There remains an important factor, as it does with all cryptographic assets. Although a leap to more than $ 387 is possible, traders should keep an eye on market trends, bitcoin movement and chain data to predict the next big soil movement.
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