Solana Price Target: Will $200 Be the Next Benchmark?

Solana has risen almost 30% from recent lows, with investors eagerly pushing it towards the $200 target. The SOL price has recently breached significant resistance levels, fueled by bullish formations such as the “inverted head and shoulders”—a signal that typically forecasts prolonged upward momentum.

Market analysts also highlight the “golden crossover,” where Solana’s 50-day moving average has crossed above the 200-day, bolstering this bullish trend. With prices ascending in a steady channel, Solana is well-poised to reach the $200 milestone if it can sustain this momentum.