Solana Price Prediction: Can SOL Smash the $200 Barrier and Rally Towards $400?

Solana is approaching a critical breakout zone near $200, with key technicals and on-chain signals hinting at a potential rally towards the $350 to $400 range.

Momentum is building on multiple fronts for Solana, with a short liquidation cluster near $190, a key sell wall at $200, and thin on-chain resistance above $189 all converging to create a potential “domino effect” for price movement.

Solana Price Prediction Could Unlock 350 to 400 Targets

Solana is pressing against the upper boundary of a multi-month consolidation zone between 120 and 186, an area that has repeatedly acted as a ceiling for price action. Analyst cardzz notes that a decisive move above 186 could clear the way towards the 350 to 400 range, with this target aligning closely with the upper channel resistance on the weekly chart. The broader structure remains constructive, with higher lows forming above the bull market support band, which ranges from 154 to 163, signaling that buyers continue to defend key trend levels.

Solana holds firm above key support, eyeing a breakout that could unlock targets between $350 and $400. Source: Cardzz via X

A confirmed breakout could trigger a measured move based on the consolidation’s height, with interim resistance likely around 286 before higher objectives come into view. While price may still oscillate within the range in the short term, the sustained defense of the support band keeps the longer-term bias tilted toward bullish continuation.

Sell Wall Test at 200 Could Shape Solana’s Next Move

The $200 level is shaping up as the next significant hurdle for Solana, with the sell wall marked on the chart. This area has previously served as a liquidity pocket, where selling interest intensifies, meaning a strong influx of buying pressure would be required to break through. Price is currently climbing from a higher low, suggesting bulls are attempting another push toward this resistance zone, but the reaction at $200 will be critical in determining the next directional move.

Solana approaches the $200 sell wall, with bulls aiming to break past a key liquidity pocket that could set the stage for higher targets. Source: CW8900 via X

Volume remains steady but not yet at the kind of expansion levels that typically accompany a decisive breakout. If the approach toward $200 is accompanied by rising volume and a solid candle close above, it could open the door for a continuation towards higher resistance levels.

Solana Has a Major Short Liquidation Cluster Near 190

Fresh liquidity heatmap data reveals a concentrated short liquidation zone just above current levels, with roughly $97 million in positions at risk if Solana rises by around $5. This cluster sits near the 190 mark, creating a potential trigger point for panic short-coverings. In the context of the recent push toward the $200 sell wall, this zone becomes an important stepping stone that may fuel momentum if breached.

Solana nears a $97 million short liquidation cluster at $190. Source: CW8900 via X

The setup aligns with the broader bullish structure outlined earlier, where higher lows and sustained support above 154 to 163 have kept the macro trend constructive. If buyers manage to drive price through this liquidation band with conviction, the resulting momentum could reduce overhead pressure heading into the 200 zone, setting up a cleaner shot at higher objectives.

Glassnode Data Reveals Low Resistance Above 189 for Solana

On-chain data from Glassnode highlights a thin supply zone above $189, where realized price distribution shows limited historical volume. Famous crypto analyst Ali Martinez notes that this creates an “air pocket”, meaning once SOL clears this level, there are fewer entrenched holders likely to sell into strength.

Data shows thin supply above $189 for Solana, with an analyst noting this “air pocket” could speed up a breakout toward prior highs. Source: Ali Martinez via X

This lack of overhead supply often allows prices to move more freely, particularly when momentum is already building from key breakout points such as the recently tested 186 level.

The on-chain structure ties directly into the technical setup from recent sessions, where higher lows and the $190 short liquidation cluster have aligned with the $200 sell wall as immediate hurdles. If bulls manage to sustain a close above $189 to $190, the combination of thin on-chain resistance and liquidation-driven buying pressure could provide the push needed to challenge, and potentially surpass, prior highs without significant congestion along the way.

Solana Fractal Mirrors Previous Breakout Structures

Analyst GalaxyBTC points out a recurring fractal on Solana’s higher-timeframe chart, where price action appears to be following a similar structure to past breakout phases. The current formation shows a tightening range within an ascending channel, echoing the consolidation seen before its last major rally. With support holding on the lower trendline and momentum building, this fractal comparison adds weight to the broader bullish Solana price prediction.

Chart highlights a recurring fractal on Solana, mirroring past breakout phases within an ascending channel. Source: GalaxyBTC via X

Final Thoughts

Solana’s setup is one of the more compelling in the current market, with technicals, on-chain data, and market structure all hinting at a bigger move. Clearing the $200 sell wall would not only confirm strength but could also unleash the $97 million short liquidation cluster near $190, fueling rapid upside momentum. If this level breaks with strong volume, the thin supply zone above $189 could allow the price to run faster than many anticipate, possibly bringing the $286 and even the $350 to $400 range into view.