Solana Price Prediction: Ichimoku Cloud Breakout Signals Bullish Momentum Toward $160

SOL Eyes $160 Breakout as Whale Stakes, Cloud Breakout, and Strong Fundamentals Drive Bullish Momentum.

After a steady recovery from April’s dip, Solana is beginning to carve out a tighter range just below the $160 mark, a zone that’s becoming increasingly important for both bulls and bears. The recent breakout above the Ichimoku Cloud and sustained strength above $150 is keeping the momentum alive.

With fundamentals continuing to stack up and whale staking activity adding confidence, this is the time to be optimistic.

Whale Stakes Massive in Solana

A massive move just lit up Solana’s on-chain radar, as a whale staked over $28.7 million worth of $SOL, as first highlighted by Crypto Rover. That’s nearly 194,000 SOL locked in a single go. It’s the kind of move you don’t see every day, and it’s a pretty clear signal that some big players aren’t just watching from the sidelines but betting on Solana’s long game.

Solana whale stakes nearly 194,000 SOL, signaling deep conviction in the network’s long-term potential. Source: Crypto Rover via X

In a market that’s still feeling out its next big direction, this kind of quiet whale action slides towards a bullish behavior. When large holders commit to locking their assets, it often reflects stronger conviction in the project’s stability, upcoming catalysts, or expected network growth.

SOL Tops Revenue Charts in Q1: Fundamentals Building The Hype

While whales are busy locking in millions of dollars worth of $SOL, Solana is quietly outperforming the competition where it really counts, on the revenue front. According to fresh data from Glassnode, Solana outpaced every other chain in protocol revenue for Q1 2025. In a quarter dominated by memecoin noise, Solana’s fundamentals stood tall, hinting that under the surface, user activity and monetization are gaining serious traction.

Solana tops protocol revenue charts for Q1 2025, surpassing Ethereum and showcasing surging ecosystem strength. Source: Glassnode via X

Solana’s ability to generate higher revenue than even Ethereum in Q1 suggests its ecosystem is becoming more than just a playground for trends, as it’s now evolving into a serious economic engine. Combined with recent whale activity, it’s clear that smart money and strong fundamentals are quietly aligning.

Ichimoku Cloud Breakout Fuels Bullish Solana Price Prediction

On the back of strong fundamental developments, now charts are starting to align as well. SOL Solana price just flashed a technical green light on the daily chart, climbing above the Ichimoku Cloud. As highlighted by Crypto Seth, this recent breakout isn’t just noise. Price action is currently hovering around the $138 to $140 resistance zone, and if bulls maintain control, $160 could be the next logical target. The momentum indicators aren’t overheated yet, which leaves room for continuation.

Solana breaks above the Ichimoku Cloud, setting sights on $160 with bullish momentum building. Source: Crypto Seth via X

That said, crypto analyst Crypto Seth believes that the road isn’t without friction. The $145 to $150 region is showing signs of congestion, and unless volume steps in, price might chop before breaking higher.

Global Liquidity Aligns: Solana Price Ready for Its Next Move

After a $28.7M whale stake and Solana topping Q1 revenue charts, there’s now a broader force entering the picture: global liquidity. A recent chart shared by Bull Bear Spot tracks Solana against M2 money supply, showing an interesting pattern: as liquidity expands, Solana’s price tends to follow.

Solana’s price action aligns with rising global liquidity trends, reinforcing the bullish setup. Source: Bull Bear Spot via X

This broader liquidity tailwind adds another layer to the bullish Solana price prediction narrative. From the technical perspective, Solana is holding up well, too. There’s some resistance around $150, with multiple rejections in that zone, but if SOL Solana price can flip that level into support, $160 becomes a clean upside target. With rising global liquidity and Solana’s strong on-chain activity, the setup looks increasingly favorable.

Contrary View: Analyst Points To A Dip

While sentiment around Solana has turned noticeably optimistic, not everyone’s jumping in headfirst just yet. Analyst vlxszn shared a more cautious take, pointing out that SOL needs to reclaim the recent swing high around $150 before any serious upside can kick in. According to his chart, there’s a decent chance we see a pullback toward the $140–$135 zone first, potentially flushing out weaker hands before a cleaner push higher.

Analyst vlxszn highlights caution, flagging a potential dip to $135 before Solana’s next bullish leg. Source: vlxszn via X

Final Thoughts

Solana is holding a crucial structure above $140, but the real action may come as it approaches the $150 to $155 range. This area has acted as both resistance and support in the past, and how price behaves here could set the tone for the next move. A clean breakout with rising volume might open the door toward $160 and beyond.