Solana Eyes Big Jump as Critical Support Holds

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KEY TAKEAWAYS

Solana is holding above a key long-term support level despite broader market weakness.
Technical indicators are turning favorable, suggesting improving momentum.
Strong fundamentals, and ETF-related developments are supporting SOL’s outlook.

The crypto market recovery has been totally lost on some assets but not Solana. Despite the retrace affecting top assets, SOL continues to hold above the critical weekly 200 Moving Average (MA), preparing it for a strong rebound.

According to the crypto on-chain analysis platform CryptoPulse, this level has acted as a strong support for propulsion to higher prices, thus opening the door to possibilities for SOL to push upward in the near term.

https://twitter.com/CryptoPulse_CRU/status/2008750473180811340

Potential 150% Jump Awaits SOL

CryptoPulse also noted a key indicator, the weekly Stochastic Relative Strength Index (RSI) crossing up. The Stochastic RSI, like the regular RSI, identifies momentum and trend reversals but with greater sensitivity, making it more reliable. The indicator crossing up means bulls are gaining more strength against bears, and is a key indicator of strong momentum.

Also based on previous data, the upward crossing of the Stochastic RSI has resulted in SOL rising from $100 to $250 the last time, representing a 150% increase. If the cross happens and the past pattern repeats itself, SOL could potentially see a similar jump, which will put the price at $342, placing it at a new all-time high.

This strength demonstrated by Solana could be the result of months of strength building, which started manifesting recently. The project surpassed Ethereum in on-chain revenue in 2025 for the first time since its launch as developers flocked to it due to fast transactions, low cost, and high scalability.

The project has also seen major ETF inflow in 2025, which, although it did not positively affect the price at the time, could be fueling the current momentum. The recent filing of an ETF application by Morgan Stanley further brightens Solana’s future and could add to its strength and potential to maintain an upward trend even if other assets fail.

SOL 7-day price chart. Source: CoinGecko.com

Solana’s Current Performance

Solana is still trading above $130, which has been the top of a critical support range for the asset. Trading at $137 despite the market retrace, the asset is holding the weekly 200 MA, which places it in a position to push higher once the sentiment shifts.

Although the price is down marginally in the last 24 hours, it remains one of the strongest among the top ten assets by performance in the last seven days.