Solana Price Prediction for September: Analysts Target Breakout as Snorter Token Gains Buzz

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Solana is experiencing a September to remember. In just two weeks, $SOL has surged 23.5%, leaving $BTC (+6.9%) and $ETH (+6.4%) in the dust.

The surge occurs as Galaxy Digital acquires 6.5M $SOL, roughly $1.55B worth, fueling speculation that institutions are front-running the next big breakout. For traders, that’s a signal worth watching: when whales move in before retail, Q4 often follows with fireworks.

Sentiment on Crypto Twitter and CMC community threads remains bullish, but liquidations serve as a reminder that volatility is still present.

At the same time, Solana’s increasing liquidity is spilling over into Solana meme utility plays like Snorter Token ($SNORT), a Telegram trading bot project that leverages the network’s momentum.

Institutional Buying Drives the Solana Rally

Galaxy Digital’s aggressive buying is one of the biggest stories behind Solana’s September surge. The firm purchased $6.5M in $SOL in less than a week.

The size of these purchases is raising eyebrows, with analysts suggesting Galaxy may act on behalf of Forward Industries, which recently raised $1.65B to build a dedicated Solana treasury.

Galaxy Digital accumulations reportedly being tied to Foward Industries’ $1.65B Solana treasury

Why does this matter? Institutions don’t usually commit that kind of capital without conviction. Solana has faced criticism in the past for network outages and scaling glitches. Yet, billion-dollar inflows show that major players see it as a viable bet heading into the next market cycle phase.

The move reflects what happened with Bitcoin earlier this year, when ETFs directed billions into $BTC. If Solana follows the same strategy, institutional rotation could speed up price discovery well before retail investors fully re-enter the market.

Analyst & Community Price Predictions

Chart watchers are lining up bullish scenarios for $SOL.

TEKT0NIC highlighted a textbook cup-and-handle pattern, indicating a possible breakout toward the $330-$350 range if momentum continues.

$SOL chart on TradingView with cup and handle pattern

Z988Crypto sees the same setup but warns that confirmation only occurs if Solana breaks through resistance between $261 and $296. Until then, a short-term pullback to the $210-$220 range remains possible.

Amin_BTC zoomed in further, noting $235 as the key support to watch: hold it, and $245 is the next stop, lose it, and a deeper correction could follow.

Despite the caution, sentiment skews positive. Solana’s total value locked (TVL) has an all-time high of over $13B, while the month-to-date gains of over 23.5% leave $BTC and $ETH far behind.

Solana TVL chart

Historically, green Septembers have set the stage for strong Q4 rallies, and institutions buying early further reinforce that trend.

Still, the market remains fragile – $445M in liquidations occurred over the last 24 hours, including $32M in $SOL positions.

Solana’s Ecosystem Momentum

Beyond price action, Solana’s fundamentals are getting stronger. On-chain activity, including active addresses and revenue, shows signs of rebounding, which explains why $SOL is doing so well in September.

The number of active addresses on the Solana network, monthly bar chart

Analysts often describe this stage as ‘Altcoin Phase 3,’ where large-cap coins are spotlighted. For investors, it positions Solana as the clear challenger to Bitcoin and Ethereum’s dominance.

And as liquidity increases, demand flows into Solana-native tools like Snorter Token – projects aimed at helping retail traders capture the same alpha institutions seek.

Snorter Token ($SNORT) – Meme Branding Meets Trading Bot Utility

As Solana’s ecosystem heats up, demand for trading tools surges, and Snorter Token ($SNORT) aims to become the preferred choice.

Snorter is a Telegram-native bot designed for Solana and Ethereum. It allows traders to manage their entire playbook from chat: sub-second swaps, instant sniping at token launch, copy-trading top wallets, rugpull detection, and portfolio tracking.

Holding $SNORT lowers execution fees from 1.5% to 0.85%, making it cheaper than competitors like BONKbot and Trojan, while providing faster execution thanks to custom Solana RPC infrastructure. Unlike most meme coins, Snorter supports its branding with real functionality.

Discover how to buy Snorter Token ($SNORTER) in our step-by-step guide.

Snorter Token ($SNORT) benefits for holders

The presale has already gained attention, raising over $3.94M at a token price of $0.1045, with staking yields around 119%. The pitch resonates because Telegram bots are among crypto’s fastest-growing niches, with the market forecast to reach $154B by 2033.

Snorter positions itself as the next step in the evolution of trading bots, incorporating MEV protection, cross-chain support, and meme-driven community energy.

With strong early momentum and a discounted entry through the presale, $SNORT offers exposure to meme coin culture and a utility stack retail traders rely on to stay competitive with institutions.

Learn more about Snorter, its tokenomics, roadmap, and more in our comprehensive What is Snorter guide.

This article is not financial advice. Presales and crypto in general carry inherent risks. Please always do your own research (DYOR) before putting any capital at risk.

Authored by Bogdan Patru, Bitcoinist – https://bitcoinist.com/solana-price-prediction-in-september-snorter-token-gains/

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