Solana: After touching the bottom, a rebound around 340 dollars?

Solana hit the bottom, or almost: 190 dollars the room. A descent that would have made more than one tremble, but the crypto with the vaguely psychedelic logo seems ready to bounce back. Some experts believe that it could follow the same scheme as the ascent of Ethereum in 2024. From there to imagine a soil at 340 dollars? Not impossible, if we believe the technical signals and the growing enthusiasm of the market.

Double Bottom, a strong signal for Solana

Solana news: The Crypto Sol seems to play the Partition of Ethereum in 2024 : a double bottom perfectly drawn on the graphics. This technical reasonidentifiable by two distinct hollows around the 190 dollars, is often synonymous with bullish reversal.

• Key resistance: 210 dollars;
• First bullish objectives: $ 230, $ 245;
• If the trend follows that of ETH, an increase of 80 % is possible, $ 340 soil.

Traders are already scrutinizing the passage from the CAP of $ 210.

According to the benefit of Demon analyst, Solana is in the process of form a symmetrical triangle On the time unit 4 hours. If the price crosses the resistance, an ascent around 207, then 233 and 245 dollars could follow.

Conversely, a withdrawal under the $ 190 would question the upward trend.

Technical indicators suggest strong potentialbut caution remains in order. Investors must monitor market behavior because, as history has proven, cryptos like to surprise.

A crypto market attentive to soil adoption

Solana does not only put on technical analysis to recover her chandelier. SWe adopt in payment systems And its integration into innovative financial products make it a serious alternative to Ethereum.

Pantera Capital, for example, sees Solana A blockchain cut for the general public.

The Crypto Task Force, in collaboration with Jito Labs and Multicoin Capital, also works on the democratization of Stuking via the Exchange Traded Products (ETP). These funds, allowing institutionalInvest in the crypto soil without complicating lifecould attract new capital and strengthen market stability.

Analyst Nield, meanwhile, remains vigilant:

“” The price returns to the level of support. If he holds, a long trade around $ 210 is possible. In case of break, it is better to wait for a reconquest of the level for more confirmation. »»

In other words, Solana must prove that he has solid shoulders to overcome his resistances and settle permanently at the top.

If some already hope for 340 dollars, others target even higher. Vaneck predicts a Solana at 520 dollars by the end of 2025. A projection that makes you dream, but which is based on solid fundamentals: growing adoption, financial integration and, of course, a crypto market that does not have said his last word.