Solana Cryptocurrency (Sun) has appeared at a bullish rally that can break the $200 historic resistance that has been difficult to overcome in the past and has not been seen since February 2025.
At the time of writing this note, Solana is negotiated at $200.12, 31% below its $293 history’s biggest (AT)reached January 2025.
To integrate the upward trend, the first thing to say is that Sol needs to have more than $200 on daily candles. The movement of these properties will confirm that the market has accepted its price, in addition to reducing the likelihood of a false burst of its resistance.
For financial market analyst Mirjan Hipolito, SOL has stimulated trend changing patterns after exceeding $178. Experts emphasized that Daily closures maintained beyond that range were critical to “verify the upward configuration.”. Currently, Sol appears to have enough impulses to face a barrier of between $210 and $230.
Trader and cryptocurrency market analyst Erica Espinal predicts that solar prices could reach $300 in the medium term. Even a highly optimistic scenario does not rule out assets can rise up to $1,000.
For SoL to reach these price levels, it is important that macroeconomic conditions continue to be preferred for risk assets such as actions and cryptocurrencies. For example, the possibility of interest rate reductions by the US Federal Reserve is beneficial to SOL. The creatures led by Jerome Powell will meet on July 30 to define courses in monetary policy, but it is no surprise that the market already has no major news.
Low interest rates also reduce the costs of debt and awaken an appetite to risk. In that case, investors can choose risky assets such as cryptocurrencies to earn greater returns.
Meanwhile, it must be mentioned that some companies are analysing the possibility of incorporating the Sun into the Treasury as a reserve asset. Defi Development Corp (formerly Janover), Classover Holdings, Sol Strategies, or Upexi are companies that accumulate cryptocurrency for additional profits through staking.
If this trend continues, Sol can integrate the story of reserve assetsin addition to increasing exhibits among large investors. The result is a bullish pressure on that price.
If the U.S. Stock Exchange and Value Commission (SEC) approves or rejects a cash ETF from Solana, it cannot be mentioned that it will be decided in 2025. The majority expectation by specialized analysts is that these financial products will be approved and encourage the purchase of the sun by those who want to predict this news.
Similarly, it should be noted that the market is experiencing a spin cycle that flows from Bitcoin (BTC) to Ether (ETH), to Ethereum native currencies, and cryptocurrencies with the largest market capitalization, as explained by encryption.
It supports the price of the Sun as it is one of the 10 most valuable digital assets on the market and is positioned as an attractive option within the investment flow.
Finally, it should be noted that the sun is preferred for the good performance Memecoins have in their ecosystems, such as Fartcoin (Fartcoin), Bonk (Bonk), and Token Pudgy Penguins (Pengu).
