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 Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
