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Crypto Prune > News > Crypto > Solana > Solana Sol Flips Binance Coin (BNB): Can I reach $350 this month?
Solana

Solana Sol Flips Binance Coin (BNB): Can I reach $350 this month?

4 months ago 3 Min Read

Solana Sol has been bullish throughout September, ralliving more than 20% over the past 30 days. The coin has specifically turned Binance BNB coins upside down in terms of market capitalization, securing a new all-time high of $130 billion. Currently, it’s only 22% off its all-time high of $294, but did Sol see more climbs and perhaps it’s $350?

The dramatic surge in Solana is believed to be driven primarily by market participants attempting the latest data in the industry or the latest incoming purchases from digital asset financing companies. Additionally, Bloomberg reports that the SEC can approve the Spot Solana ETF within weeks, following the genius law in July 2025. Analysts currently forecast more than 90% of approval opportunities by October 2025. With approval and subsequent launch of the Solana Sol Crypto ETF, the assets could witness growth like the BTC ETF, reaching new all-time highs.

Additionally, Crypto Bulls is pushing hard to win Sol at $240, liquidating short positions of over $610 million to close in the past week. The liquidation sent Sol to BNB, making it the fifth largest cryptocurrency in the world. The engines and whales also appear to be gathering behind Sol, with Galaxy Digital recently accumulating 1.81mm $SOL worth around $432 million. All the signs refer to the bull market behind Sol, so how much can Altcoin trade by the end of this month?

Also Read: Solana-based Bonk sees major reversal: Better Bitcoin, XRP

Solana Sol Price forecast for the end of September

Since its 2022 low, Sol has hit multiple all-time highs. Solana (Sol) reached its recent peak at $293.31 on January 19th of this year. If Sol recovers its January peak, it is very likely that the assets will easily infringe the $300 mark and set an even higher peak.

See also  Solana grows 22% and faces resistance of $183: $200?

Analysts at CONCODEX expect Solana (SOL) to move in a horizontal pattern over the coming weeks. The platform predicts Sol will rise to $262.26 on November 23, but does not expect it to reach a new all-time high anytime soon. If you hit $262.26 from the current price level, you’ll need a 10% meeting. This is a very conservative recent forecast, but analysts are still watching Sol hit a new ATH by the end of this year. $300 is viable and opens up a very good chance of $350 as soon as you hit it.

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