Solana Price Prediction: Can Strong Technical Support Push SOL Towards $275 and Beyond?

Solana is holding strong above key levels, with price predictions eyeing a breakout towards $240, $260, and even $300 as momentum builds.

Solana’s action highlights a mix of bullish signals building on the charts and on-chain data. After weeks of sideways movement across the broader crypto market, SOL’s resilience around key price levels has stood out, giving market watchers reason to believe a bigger move may be forming.

Solana Price Anchored by MVRV Bands

Glassnode’s on-chain MVRV deviation bands are giving traders a clean lens into where Solana (SOL) could be headed next. Since the March 2024 peak, the +0.5σ band has consistently acted as resistance, signaling that profit-taking tends to overwhelm buyers at that level. Right now, price is sitting near the mean at $210, which has become an important pivot. If this mean level holds, Solana’s next technical and on-chain test is the +0.5σ band around $275.

Solana’s MVRV bands highlight $210 as the key pivot, with eyes on a potential retest of $275. Source: Glassnode via X

From a structural standpoint, SOL Solana price defending $210 is critical because it aligns with both the MVRV mean and the breakout supports. A strong defense here could provide the momentum needed to retest $275.

Solana Price Breaking Out of Triangle Pattern

Analyst Ali Martinez has highlighted Solana’s breakout from a large ascending triangle, a structure that has been compressing price action for weeks. The move above $210 confirms the pattern, with Fibonacci extensions aligning $240 and $260 as the first technical checkpoints before the broader $300 target comes into view. A triangle breakout after such sustained consolidation often signals the start of a stronger trending phase.

Solana’s breakout from an ascending triangle sets targets at $240, $260, and $300, marking the start of a stronger bullish phase. Source: Ali Martinez via X

From a technical perspective, $210 now flips into key support after the breakout, making it the level to watch if price retests lower. Holding this zone would keep momentum firmly intact, while upside targets are stacked at $240, $260, and eventually $300 based on pattern projections.

Solana’s Accumulation Base Stands at $180

A massive 18.56 million SOL, valued at nearly $4 billion, has been accumulated around the $180 level, making it one of the strongest technical base in Solana. This price zone now acts as a major defense line where heavy buyers previously stepped in, creating a cushion of demand that strengthens the overall market structure. In practical terms, such concentrated buying interest often forms a foundation that leads to bullish rallies.

Solana’s $180 accumulation zone, backed by 18.56M SOL purchases, forms a strong foundation for future rallies. Source: Ali Martinez via X

Analyst Ali Martinez highlights this $180 accumulation zone as a key factor supporting Solana’s resilience. From a technical standpoint, $180 sits just below the critical $210 breakout level, reinforcing the broader bullish setup. As long as Solana defends this band, the path remains open towards higher resistance levels.

Investor Confidence Builds as Solana Outpaces Other Coins

Momentum around SOL Solana continues to build, with traders increasingly pointing out how capital seems to be flowing into its ecosystem at an accelerating pace. The chart shared by Shardi B highlights SOL pushing through multiple resistance bands, with price comfortably holding above key levels like $185 and $192. This layered defense has given Solana the reputation of being one of the strongest performers in the market right now, fueling the belief that liquidity is starting to migrate towards SOL as other assets lag.

Solana pushes through resistance with strong momentum, reinforcing its role as a leading altcoin as liquidity flows into its ecosystem. Source: Shardi B via X

From a technical standpoint, the breakout structure remains well-defined. The $210 pivot has already flipped into support, while higher levels at $241 and $260 sit as the next checkpoints on the chart. Strong RSI readings and consistent volume confirm the buying conviction, reinforcing the narrative that Solana is not just holding ground but actively absorbing capital from across the crypto space.

Final Thoughts

SOL Solana price is sitting at an important point right now. Breaking above $210 has given buyers the upper hand, and with strong support also stacked at $180, the setup looks solid for more upside. If momentum keeps building, the Solana price prediction points towards $240, $260, and even the $300 zone in the near term.

With on-chain accumulation backing the move and technicals lining up, the outlook for Solana continues to lean towards strength rather than indecision.