Crypto experts remain hopeful that Solana could be ripe for a price surge with one analyst believing that SOL might be on track to breach the $1,000 level within the year.
Some investors might find this an audacious forecast, but it is grounded on data that show the crypto has regained momentum and successfully made a run to breach the key resistance level of $197.
$1,000 Could Be A Reality
A known crypto analyst made a bold claim that Solana could hit $1,000 and beyond in 2025, an ambitious outlook that some members of the crypto community would find a bit exaggerated.
However, the crypto analyst who goes by the name Zer0 is firm in his audacious forecast that SOL will reach new heights this year.
$SOL will trade above $1000 this year
It’s written pic.twitter.com/POrXNsEEJe
— Zer0
(@degengambleh) February 14, 2025
“SOL will trade above $1,000 this year. It’s written,” Zer0 said in an X post.
In the same post, the crypto analyst presented a graph, as proof, that Solana’s track is heading toward $1,000 and even higher in the foreseeable future.
Regained Momentum
Some market traders may attribute this ambitious forecast to the momentum that Solana has successfully reclaimed, allowing the crypto to align itself with the overall positive sentiment in the cryptocurrency market.
Another crypto analyst pointed out in its X post that Solana is rebounding or moving on an upward trend.
#Solana $SOL looks ready to rebound toward $225 or even $264!
Don’t miss this bullish breakout! Go to @SimpleFXcom, claim your $5,000 bonus via my link https://t.co/GLjkpQvNJr, and get some before it’s too late! pic.twitter.com/sLLxexQESD
— Ali (@ali_charts) February 14, 2025
Crypto analyst Ali Martinez showed in his post that SOL has made a successful rally that pushed it to breach the critical resistance level of $197, a good indicator that the crypto could be heading for a breakout.
“SOL looks ready to rebound toward $225 or even $264,” Martinez announced on his X account. The crypto expert is confident with his predictions which was shown vividly in his graph.
Martinez urged not to miss the potential bullish breakout of SOL.
Positive Trajectory
Meanwhile, other analysts verified the forecast for a bullish outlook for Solana, saying that the altcoin is on a positive trajectory, indicating that a price surge could only be around the corner.
Data showed that SOL has the potential for a breakout with analysts claiming that the crypto could surge above $260. If that happens, the crypto will achieve a 25% gain.
Some analysis revealed that the Monday low of $196 could be preparing SOL to repeat the day’s high of $210 next week. Charts showed that the next key level for the crypto is $220.
Featured image from Pixabay, chart from TradingView
