Solana (SOL) Price Crosses $180: What's Coming Next?

Solana is targeting its March target after rising to a month-high of $187. Check out what's coming next for Solana, as a pullback might plunge the altcoin.

After a month of correction, Solana touched the $187 mark today after an impressive surge. At the time of writing, Solana price is $181.47 after a slight decline from earlier. Moreover, its market cap has surged to $81,427,896,263 and trading volume to $4,942,369,073 with 56% gains.

Solana followed the downtrend for a long time, where the prices went as low as $120 at the beginning of May, but it made an active recovery these last few days. It comes as crypto market conditions return to the greed zone per the fear and greed index. Complementing the market growth, Bitcoin and Ethereum are also majorly up to $70,859 and $3650, bringing the bulls to the market.

Still, Solana isn't in its prime as it rose to $202.87 earlier in the March rally and has an all-time high record of $260.06, set two and half years ago. Now, the investors are eyeing a similar surge as of March or even higher because of its high potential and harboring all the popular meme coins on the network.

How High Can Solana Price Next?

Solana surge began on the 15th when

the price was just $150.72 to the earlier

high of $187 after forming support

around $166.The charts seem still

bullish for the altcoin, where the current support lies at $175 and the key resistance at $190. With the

bullish market situation and the

bullish sentiments for the network, the

SOL price might target $188 next. If Solana succeeds in crossing the $188 Solana mark, the prices may go higher to $195 and $200 subsequently.

However, if the price moved lowered and went down the $178 level, the Solana price could fall to a low of $160, a crucial trend reversal zone. Overall, the moving averages indicate a strong buying zone for this altcoin, which can further push the SOL prices.