Solana is easily one of the most talked-about cryptos right now, and for good reason.
The token has gained nearly 9% this week and is now just a couple of good days away from hitting a new all-time high.
Given that a run-up from here would result in a major technical breakout, experts and crypto enthusiasts are extremely bullish on the world’s sixth-largest cryptocurrency.
In this article, we’ll take a deep dive into Solana’s price prediction, exploring where the next potential price targets could be. Plus, we’ll highlight the best crypto to buy now – Snorter Token ($SNORT) – to ride Solana’s upcoming rally.
Solana Poised for a Massive Breakout as Analysts and Institutions Turn Bullish
Renowned crypto analyst Ali Martinez (@ali_charts), who has over 158K followers on X, recently shared his Solana price prediction.
He pointed to Solana’s recent consolidation phase, marked by thick support and resistance zones around the $110 and $250 levels.
Ali suggested that if the token manages to carry on its current momentum and give a weekly close above $260, it could easily trigger an explosive move, potentially doubling in value to reach $520.
And this isn’t a random figure arrived at on a whim. It’s research-based and rooted in classic technical analysis.
Solana is now testing the $250 resistance for the fourth time, the first one dating back to November 2021, which was also its all-time high back then.
And in markets, the more times a support or resistance level is tested, the weaker it becomes, meaning this fourth push now could finally see the token break past and leave this level behind for good.
To arrive at the potential target, all one has to do is measure the width of Solana’s recent consolidation and map it onto the breakout level, which gives us a price target of $520.
Even better, both retail and institutional investors are getting hungrier for Solana exposure.
Total Solana ETP net inflows crossed $500M in assets under management this week, with the Solana Staking ETF from REXShares surpassing $400M, and the Bitwise Solana Staking ETP rising above $100M in AUM.
Solana’s Rally Could Ignite the Next Big Boom for Low-Cap Gems Like $SNORT
Here’s the kicker now: Solana’s potential 140% upside is exciting not only because it would mark a new ATH for the token and fulfill the prophecies of a new crypto bull run in Q4 2025, but also because of what it could mean for low-cap altcoins that could absolutely skyrocket on the back of Solana’s momentum.
And that’s perhaps the biggest investing mantra in crypto: when the overall market, including mainstream tokens like Bitcoin, Ethereum, and Solana, looks ripe, that’s when you strike the hammer. And the hammer, in this case, is low-priced, high-upside opportunities like Snorter Token ($SNORT).
$SNORT, in particular, is perfectly positioned to ride Solana’s rally thanks to its utility-backed mission to restore parity in the Solana meme coin trading space.
What is Snorter Token?
$SNORT is the native cryptocurrency of Snorter Bot – an upcoming, exciting Telegram-based trading bot designed to empower retail participants to finally go toe-to-toe with institutional players.
This is crucial because currently, these big-money players with advanced tools scoop up all the liquidity in new meme coins. And you’re probably aware that those initial pumps in newly listed tokens are usually the most glamorous and profit-earning.
However, everyday traders are unable to catch such low-hanging fruits, and this is where Snorter Bot comes in.
It lets you place buy, sell, limit, and stop orders well in advance, and as soon as liquidity arrives in a new token, Snorter Bot executes your orders automatically within milliseconds, allowing you to ride that liquidity gravy train alongside the crypto whales.
Lightning-Fast Execution Meets Unmatched Simplicity and Security
$SNORT complements its potentially game-changing, lightning-fast execution with top-notch security and never-before-seen ease of use.
Because the bot is based on Telegram, placing orders is as easy as sending a message to someone via chat.
Even better, you can use the same Telegram interface to manage your crypto portfolio and enable the bot’s copy-trading function, which essentially allows you to mimic the trades of profitable blockchain traders.
On top of that, Snorter Bot is equipped with advanced security features designed to protect you from all kinds of on-chain threats, including front-running, honeypots, rug pulls, and complicated sandwich attacks.
Buy $SNORT While It’s in Presale for Maximum Gains
To fully understand Snorter Token’s explosive potential, we need to look into the market it’s aiming to impact. The meme coin market, currently worth over $74.65B, has expanded by more than 65% in just the last year.
And given crypto’s bright future and the increasing ease of participation in the space, this is one segment that stands to benefit the most as more and more retail participants enter the meme coin arena.
Snorter Bot is right in the thick of it, offering new entrants a simple yet secure way to go about their meme coin trading in the most effective way possible.
The best part? Snorter Token is currently in presale, meaning you can grab it at some of its lowest prices ever. One token is currently priced at just $0.1069, and the project has already raised over $4.28M from early investors.
What’s more, buying and holding $SNORT unlocks an entirely new tier of exclusive benefits, including:
- Reduced trading fees – just 0.85% versus 1.5% for non-holders
- Access to advanced analytics
- No daily sniping limits
- Staking rewards currently yielding 112% per annum
Grab your $SNORT tokens today and learn more about its benefits.
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Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
Source: https://coindoo.com/solana-price-prediction-why-snorter-token-could-be-next-big-winner/