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Despite the disturbances of the market, Solana (Sol) appears flexibility by maintaining the level of decisive support that analysts believe may be a launch platform for other gains. The steel pricing structure may open the door to a height of $ 387 in the coming months, where Sol is currently trading around 204 dollars. However, how feasible this goal is?
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Maintaining main support levels
Solana’s ability to maintain vitality Support areas She was one of her strongest suit in recent weeks. Sol showed positive momentum by maintaining higher stability than important levels despite the declines of the public market. Analysts believe that if Solana can continue to support about $ 200, the next upward goal may be more than $ 300, with $ 387 as a possible summit.
With a market value of more than $ 98 billion at the present time, Solana is one of the best performance in the past few months. Still in a strong rise, Sol shows almost 3 % in the past 24 hours.
According to the cryptocurrency researcher Ali Martinez, Solana is currently testing an important support area on the lower boundary of the parallel channel. The support level is very important because if Sol is able to stick to it, the trend may be unified up, which may cause a very dangerous price pump.
#Solana $ Sol It tests the main support level in the lower limits of this parallel channel. The above constipation can enhance the upper direction, which increases the height to $ 387! pic.twitter.com/ezdpgczkxr
Ali (ali_charts) February 8, 2025
Increase the growth of the Solana Network
Another factor that increases excitement in the region is the rapid expansion of the Solana network. In claiming to generate more than 5 million new addresses in one period 24 hours, studies indicate that use is in height. The increased demand for the distinctive symbol is a common result of increasing the activity on the chain, so this increase in the user’s participation may be a major engine for the Sol price.
If this trend continues, Solana may have an advantage over competitors, thus enhancing its long -term optimistic condition.
However, some analysts are suspicious about the feasibility of such explosive development and advice to investors to confirm the facts on the series before making decisions.
Can Solana realisticly reach $ 387?
Access to the level of $ 387 means that Altcoin will record the price of 91 % of its current evaluation. Many factors can object, but some market monitors believe that the goal is not difficult to reach.
There should be a great deal of bullish feelings, the enormous acceptable currency in Solana, network upgrades, as well as the macroeconomic economy insufficient to achieve a new landmark.
Historically, Altcoin price movements reflected Bitcoin prices. Therefore, in order for Solana to rise to a level ranging between $ 300 and $ 400, Bitcoin must exceed $ 105,000.
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The next road for investors Sol
Although the technical and basic expectations of Solana are promising, Volatility It is still a big factor, as with all encryption assets. Although the jump is above $ 387 possible, merchants should monitor market trends, bitcoin movement, and on the series to predict the big step of Sol.
Distinctive image from Sopa Images/Getty Images, TradingView graph