Why Solana’s Price Boom Might Be Just the Beginning
Solana continues to draw attention from analysts after a major breakout signaled renewed momentum in the altcoin’s technical structure.
According to a recent market assessment from MakroVision, SOL’s bullish framework remains firmly intact, even after an extended upward move over the past month.
The firm highlighted that Solana has been following a consistent trendline that began forming several months ago. One of the key zones in this structure—the so-called “golden pocket”—offered strong support during recent corrections and has acted as the springboard for its latest rally.
Earlier predictions from the firm identified the $126–$131 range as a likely consolidation point, which successfully held before SOL broke above $159, triggering what analysts now believe could be the early stages of a larger third wave move. Since then, Solana has climbed over 60% from its recent bottom, reaching a key milestone around $188.
Looking ahead, MakroVision believes the next upside targets lie between $236 and $270, based on Fibonacci extension levels. However, the firm also cautions that short-term dips shouldn’t be misinterpreted. A healthy pullback toward $170, they say, would likely represent a reaccumulation phase rather than a breakdown—so long as that level holds.
The overall outlook, according to the report, remains bullish, with Solana showing signs of strength in both technical formation and market structure. As long as support levels are respected, analysts see room for further upside in the weeks ahead.
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
