Solana Price Prediction: Analyst Calls for $500 Breakout – How Quickly Can it Happen?

Key Points

1. Solana (SOL) dropped 6% recently, but a top-ranked trader at Bybit suggests it's poised for a significant rally, targeting $400-$450 in this bull run.

2. The trader predicts SOL could soon reach its second all-time high of the year, following Bitcoin's trend, with potential targets at $300 and $400+.

3. Solana meme coins like Pudgy Penguins (PENGU), Bonk (BONK), and Fartcoin (FARTCOIN) have seen gains of over 400%, 158%, and 38% respectively in the past 30 days.

4. A key support zone for SOL is identified between $168 and $170, with potential price targets at $200, $245, and eventually $500 if the support holds.

5. SUBBD (SUBBD), a new platform for content creators, has raised nearly $1M in presale, with over 2,500 creators and 250 million users already signed up.