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Crypto Prune > Market > The “Solana phenomenon” still has fuel for 2025
Market

The “Solana phenomenon” still has fuel for 2025

6 months ago 10 Min Read

2025 was an interesting year for cryptocurrency. Bitcoin (BTC) has also seen prices rise, which attracted attention from retail and institutional investors.

After Donald Trump won the US presidential election last year, Solana (SOL) recorded a historic up to US$294. Furthermore, he outperformed Binance’s cryptocurrency, Binance Coin (BNB). It will be crypto active, the fifth largest market capitalization.

Currently, Sol is 154 US dollars, citing 47% of its history’s maximum value. This fall An exciting interest among people looking for opportunities to join the Sunas an institutional investor.

Sol follows a broad sense of low-risk preferences in markets, but expectations for an explosive rise in cryptocurrency prices remain valid among investors. The question is whether this will be maintained by the rest of 2025 or, conversely, risk aversion exists. It directly affects the cryptocurrency market.

So, what is the price of the sun yet? Market analyst and trader Dean Popplewell offers an optimistic perspective on the positive contributions of a variety of factors.

The first factor that analysts show is that in the long run, such as 100 and 200 days, there is an upward bias in the sun that is breaking the main support levels, as seen in the graph below.

Like Cryptopedia and Cryptootic Educational Section, mobile socks tend to be technical indicators. This is based on historical data that provides current average value.

In the case of the sun, its mobile socks have its behavior suggests cryptocurrency Discovered medium-term purchase pressurePopplewell believes that if the current impulse continues, the price of the sun should remain on a general upward trend.

The price situation for the Sun has already been evaluated previously. In March, analyst Erica Espinal said that cryptocurrency could reach $300 and that she didn’t rule out a scenario in which assets shoot up to $1,000. For her: “Solana is not dead.”

A sample of life where there is still a sun in the market is that this cryptocurrency could soon have its own funds negotiated by the stock market (ETF) in the US.

See also  There is an institutional FOMO using Bitcoin

In reality, institutional investment in SOL will be promoted. Improves its fluidity and causes bullish impulses Regarding its cryptographic action, provided that demand is greater than supply.

So far, several financial companies, including Grayscale, Vaneck, Canary Capital, 21Shares, Wisdomtree and Franklin Templeton, have filed requests with the Bag and Securities Commission (SEC) to launch their own ETFs under Sun, as reported by Cryptoics.

Neutral indicator

However, Popplewell also detects that there is an indicator They are even neutral or bassist bias. For example, relative force index (RSI) and probabilistic index marked sols as “overband.” The sun is marked as suggesting that its price has risen significantly, It could lead to corrections in the short term. If bullish impulses are strong, the market may remain restrained for a while.

Also, the index Divergence of moving average convergence (MACD) shows a weakened bullish trend; The distance between the MACD line and the signal line decreases is reduced.

A decrease in the distance between the MACD line and the signal line indicates a narrower difference between short-term and long-term moving soils. This is usually interpreted As a sign that bullish impulses are weakening.

Now, this doesn’t necessarily mean that prices will fall anytime soon, but it does suggest that buyers may lose control. It may lead to the possibility of integration or correction in the short termdepending on other market factors. Among these include adverse decisions regarding Sol ETFs and a sharp drop in larger cryptocurrency.

Currently, solar prices are below the range of USD 165 to USD 184, as seen in the TradingView graph below. These quotes are historical If bullish trends are integrated or broken.

This means that recovery above this level and subsequent failures suggest a greater upward impulse, while the opposite is implied. I was able to impose more falls from the January maxPopplewell clarifies.

As Arslan Butt Market analysts have seen, short-term pricing actions are most likely to test low levels based on double ceiling patterns. He believes that US$136 is the main negative objective and that the next important support comes from US$105.

See also  Which three cryptocurrencies are resisting the fall of a better market?

Dex trade volume increases

Given the ambiguity of this technical indicator, it is useful to observe on-chain data. Popplewell has detected a significant increase in solar trade volumes in decentralized exchanges (DEX), surpassing many other large-capital cryptocurrencies.

As seen in the Defillma graph, Sol reported the amount of commerce for Dex de It was approximately $960 million in May. And for this year, this figure will rise to more than US$580,000 million.

In the case of Popplewell, the increase in DEX’s commercial volume suggests “higher levels of user activity, liquidity and growing utilities in the Solana network.” This he says, It is an “atherator for the medium and long term.”

These three combined elements – Activity, Liquidity, Utilities – They strengthen Solana’s sustainability and growth potential In the medium term, more aggressive and robust networks tend to promote solar prices and future adoption as they tend to maintain or increase market relevance and value.

As Cryptootics analyzes, Solana has a huge potential that has not yet been exploited. This is due to a new update, and the network has become a market leader for key metrics such as the number of monthly active users, rate fees, daily trading volume, Ethereum, its Layer 2 and all other blockchains reported in March 2025.”

Strategic Cryptocurrency Reserve

The last factor that identifies Popplewell as related to Solana is the US strategic cryptocurrency reserve. This reminds us that President Trump last year promised to include Sol in this Treasury Department where he was campaigning for. As reported by Cryptonotics, what he met after signing an executive order in March last year.

For analysts, Trump has given Solana a real utility. It launched the MemeCoins project on this network, including the official Trump of Tokens (Trump).

See also  Why is Bitcoin price falling right now and how does it continue?

However, there are some who are skeptical about the US government’s approach. uu. The short-term impact on sunlight was positive for cryptocurrencies, including Solana Co Founder.

As can be seen in the training view graph below, Sol took on the explosive climb after the announcement of the strategic cryptocurrency reserve In the US. He then corrected to the same extent and then took on the mixed movement, mainly bullish, which remains so far.

This cryptocurrency reserve is brewed, but another trend is presented. Solana Treasury is already a reality for large companies emulating strategies and examples of Bitcoin. They chose to reserve the altcoin.

An example is Janover, an American company cited in the stock market, focusing on the real estate industry, which began to accumulate the sun as a financial asset this year, as reported by Cryptootics.

Another company is SoL Strategies, focusing on investment services. The entity acquired 40,300 SOL for around $9.9 million from January 19th to 31st of this year, following the instant market price.

You can throw the card

You can throw the card For Sol, follow the bullish path to bringing it to a new recordBut as always, realising this depends on factors beyond the investor’s aspirations.

Geopolitical climate, macroeconomic tensions, and general market impulses; They are factors that can affect either rising or lowering of this digital asset price. This, as shown below, is a strong solar-bitcoin correlation,

In that order of ideas, everything is given for sol, but in these cases, it will be carefully and cautious, but the best of the allies. Such a project is caliberally qualified as a “casino de las memo coin” and at least worthy of investors having Technical knowledge of market management.


explanation: This article is written as a useful method. It does not constitute an investment recommendation or a financial council. Each investor is responsible for conducting his own research.

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