Solana Price Prediction: SOL Up 10.9% This Week – Is a $185 Breakout Possible?

Key Points

1. Solana's price has risen 10.9% this week, testing resistance at $179, with TVL growing from $6 billion to over $9 billion and active wallets surpassing 3.3 million users.

2. Technical analysis indicates a potential breakout toward all-time highs, with immediate targets at $235 and $263, and projections extending to $295, $360, and $402.

3. A weekly cup and handle pattern suggests a measured move target of $295 for new all-time highs, calculated from the cup's depth and breakout level.

4. The $SNORTER token presale has raised over $2.1 million, offering staking rewards up to 207% APY and reduced trading fees, with market projections estimating a rise to $0.65 by late 2025.

5. Federal Reserve pause and expectations of rate cuts by Q4 2025 create a favorable liquidity environment for high-beta assets like Solana.