Why Analysts Think Solana Price Will Surge 900% If It Breaks This Resistance

Key Insights:Solana must clear the $178 resistance to trigger a potential 900% price surge.Solana still leads all L1 and L2 chains in daily network revenue, generating 3x more than Ethereum.Market sentiment leans toward greed, but if SOL fails to break resistance soon, overbought conditions could lead to a pullback toward $128.The Solana price is down 26.98% in the last 24 hours and is trading at $171.28 after hitting an intra-day high of $183.28. The decline comes after Bitcoin’s price slid back to $102,400, potentially due to profit-taking after the recent market-wide rally.Despite the price decline, analysts think the SOL price is headed for a 900% bull run in 2025, but only after clearing a critical resistance level. Can the SOL price soar 10x in this cycle?Analyst Calls for a 900% Solana Price RallyCrypto analyst PumpFun Whales Call has predicted that the Solana price could surge 900% if it breaks the critical resistance at $178. However, if it fails to hold support at $145, we might see a dip toward $128, which would be a bummer for the bulls.The analyst points to $152 and $145 as a key support level to watch if Solana price starts to drop.SOL/USD Price Chart | Source: TradingViewThe SOL/USD chart also marks the $178 resistance as a pivotal line. SOL’s been teasing it, but hasn’t sealed the deal yet. What’s more, is the volume has been choppy, with a noticeable dip in transactions, per CoinGecko, which aligns with the analyst’s note about a 60% drop in network activity due to recent controversies.What’s Been Popping Off With Solana Lately?The past three days have been a rollercoaster for Solana, with some events shaking up the ecosystem. Marty Party shared some SOL bullish vibes on May 15, pointing out that Solana is still thriving as it had generated more 24-hour network revenue than all other layer 1 (L1) and layer 2 (L2) chains combined. At $7.9 million, that’s 3x Ethereum, 11x Bitcoin, and 35x Base revenue.Solana Network Revenue | Source: XAccording to these stats, Solana’s fundamentals are still strong, and the meme coin frenzy earlier this year, while chaotic, brought in a ton of new users, even if many have since bounced.The Solana Fear & Greed Index hit 68 on May 14, signalling “Greed” in the market. This suggests that while sentiment is still bullish, we might be nearing overbought territory, which could lead to a pullback if SOL doesn’t break that $178 resistance soon.Why the 900% Surge Prediction?Analysts are hyped about a potential 900% rally because Solana has a history of explosive moves when it clears key resistance levels. The last time SOL broke above a support-turned-resistance, it skyrocketed 567%.Solana Price Chart | Source: TradingViewBreaking $178 could trigger a wave of FOMO, especially with the meme coin activity still lingering as a catalyst.PumpFun Whales Call noted that meme coins have boosted Solana’s network in the past, and even though transactions are down 60%, a breakout could reignite that hype.If SOL breaks $178, it could quickly test $275, and from there, $295, and then the sky’s the limit. A 900% surge from $173.60 would put SOL at around $1,735—a price that sounds wild but isn’t unheard of for a blockchain known for its speed and DeFi dominance.Can Solana Price Reach $1,735?It’s not all sunshine and lambos, though. The broader crypto market has been volatile, and any macro FUD could drag SOL down with it. The 60% drop in transactions is a red flag—Solana needs to rebuild trust to sustain a rally. But if sentiment stays greedy, SOL could be ready to flex.Solana is at a crossroads. The $178 resistance is the line in the sand—break it, and we’re talking a 900% pump. Fail, and $128 might be the next stop. Watch network performance and community sentiment over the next few days. Solana’s been through the wringer lately, but if there’s one thing this blockchain knows how to do, it’s bounce back.DisclaimerIn this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.godfrey mwirigiThe post Why Analysts Think Solana Price Will Surge 900% If It Breaks This Resistance appeared first on The Market Periodical.