Solana Price Prediction: SOL Is One Level Away From Going Parabolic – $10,000 SOL Target Back in Sight
Main Idea
Solana (SOL) is nearing a potential parabolic breakout with a $10,000 price target, driven by technical patterns, U.S. TradFi integration, and bullish market sentiment.
Key Points
1. SOL is approaching a breakout threshold near $280, with a potential surge toward $1,000 (470% gain) and a long-term target of $10,000.
2. A Trump-signed executive order allows crypto exposure to $9 trillion 401(k) assets, boosting SOL's adoption prospects.
3. Technical indicators like RSI and MACD show bullish momentum, with SOL reclaiming bullish territory above the neutral line.
4. Market sentiment is optimistic, with altcoins heating up and projects like Snorter ($SNORT) attracting early investor interest.
5. Upcoming inflation data (PPI and CPI) may influence near-term volatility and the Fed’s rate-cut timeline.
Description
A fresh wave of retail liquidity is pushing SOL closer to a 3-year brewing breakout, but a stacking catalyst for demand could send the Solana price outlook parabolic. The altcoin continues to notch higher lows since mid-April, with a 12% surge over the past week marking the third bottom as bullish momentum builds. This strength is backed by a Trump-signed executive order granting crypto assets exposure to the $9 trillion 401(k) retirement investment market , with the potential to benefit Solana....
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