Solana Price Rises, Eyes $260 ATH Retest; Can It Reach $1,000?

Positive technical indicators imply Solana might rebound above $260, its recent highs.

Since 2025, the Solana (SOL) price has risen because to a crypto market rally, strong technical developments, and Friday stories stating the blockchain has reached quantum resistance.

Solana has broken above its downtrend from mid-November highs around $217.

If it breaks over its 50DMA at $220, it might surge to $260.

Solana Breaks Higher, Targets $260 Retest
Before pro-crypto US President Donald Trump takes office on January 20, crypto markets are expected to remain favorable.

The Trump administration is the most pro-crypto ever, and it might usher in a golden age for the US crypto sector and markets.

That's a 180 from the outgoing Biden administration, which and the SEC have done all they can to undermine the business and crypto markets.

As investors foresee a strong crypto market in 2025, Solana prices will likely stay bought on dips in the following weeks.

If the Trump administration and Congress push for a strategic Bitcoin reserve, the crypto market might explode.

How High Could Solana Cost in 2025?
As one of the top layer-1 crypto protocols, Solana price risks favor benefits in 2025.

Solana's strongest year since 2020 was 2021, when it rallied almost 170x.

Solana is unlikely to duplicate its 2021 rise in 2025, having gained almost 25x from its 2022 lows around $8 and reaching a market worth of $104 billion, according CoinMarketCap.

That said, Solana might yet increase 4-5x and reach the psychological $1000 milestone before this bull market ends.

That may be optimistic, but suppose the US announces a strategic reserve and sparks a worldwide BTC race.

BTC might rise 3x from its present position. The Solana price might potentially rise exponentially because to its stronger beta to risk appetite.

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