Solana Price Prediction: Cup and Handle Pattern Confirmed – Final Dip Before $900 Target
Main Idea
A viral analyst predicts Solana (SOL) could reach $900 after a potential dip to $140-$150, citing strong network activity and the impact of meme coins and ETFs.
Key Points
1. Solana (SOL) has dropped 15.3% in the latest downtrend, but a viral analyst predicts a rise to $900 after a potential dip to $140-$150.
2. Network activity on Solana remains strong, with July 2025 recording 3.5 billion transactions, a 67% increase from July 2024.
3. Meme coins like Bonk (BONK), Pudgy Penguins (PENGU), and Fartcoin (FARTCOIN) have contributed to Solana's growth, alongside the launch of a Solana ETF with a staking feature.
4. The Relative Strength Index (RSI) for SOL is currently below the mid-line, suggesting a possible short-term bullish reversal.
5. The analyst emphasizes that while a $900 target seems ambitious, it is not impossible if more SOL ETFs are introduced.
Description
Solana (SOL) has been heavily hit by the latest downtrend and has shed 15.3% of its value in the past 7 days as the market has taken a necessary breather following July’s strong rally. Despite this latest downturn, analyst Ted Pillows, whose X account is followed by more than 190,000 users shared a bullish Solana price prediction that sees the token rising to $900 in the next few months after pulling back to $140. $SOL cup and handle pattern formation. Network activity is still strong, so I'm no...
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