Solanasol After returning to that range earlier this month, it has stagnated around $170 over the past week. Experts note that the asset formed a “golden cross” on recent price charts. Development unlocks the path for SOL to reach $200, thus providing solid buying opportunities for investors.
According to analysts at Beincrypto, Solana is approaching this golden cross pattern. The 50-day moving average has recently risen above the 200-day moving average. If this is maintained, Sol Investors will be able to see around 50% of potential gatherings. In the context, a 50% increase in Solanasol from the current price could reach $240.
Sol has seen similar gatherings at various times, so this surge schedule is the main issue. Ultimately, this depends on whether Altcoin creeps up until it reaches $200. Analysts note that the token formed a bullish “cup and handle” pattern. This is a continuation structure that normally precedes an upward breakout. According to Crypto analyst Ali, successful moves above the $200 level could quickly confirm bullish formation. Additionally, Solana Traders is purchasing Sol’s $200 call option, which expired on June 27th. This reinforces the belief that assets will continue to grow and that the waves that have become the best cryptocurrency in 2025 continue to grow.
Also Read: dollarizationSparks buffett dumps $600 million on BAC and holds AAPL
Since April 17th, Solana has risen 85%, surpassing Bitcoin Jump by over $103,000. According to a report from Coindesk, the life-long quarters on June 27 are grasped by these traders. This move shows that faith is on the rise in Solana and if they are right, it should remain one of the best performance tokens of the year.
On the downside, $162 support is extremely important. A break below the region could trigger bearish momentum and push Solana’s price down to $150. It is important that SoL exceed $160 for the rest of 2025 to keep your $200 dream alive.
