Analyst Claims SOL Will Hit “At Least” $1315, Here’s When You Should Buy

Despite the broader market uncertainty, prominent analysts continue to be highly bullish on Solana. 

Popular trader and X influencer Ali Martinez reveals that the Solana price has broken out of a cup-and-handle pattern, which has a mid-term price target of “at least” $1315, which also aligns with SOL’s 1.414 Fibonacci level. 

The Solana price has already bounced back from its August 2nd lows, appreciating nearly 10% to trade at $171 at press time. 

Crypto prices are rallying after President Donald Trump signed an executive order today allowing 401(k) retirement plans to invest in cryptocurrencies and other alternative assets. The bulls would hope that SOL breaches the $180 resistance in this market-wide rally. 

However, sidelined investors should avoid impulsive entries into Solana at the current price and wait for confirmation of sustainable momentum.

Solana Price Prediction – Here’s When To Buy Solana For Most Returns

Martinez has revealed crucial information regarding the best Solana buying zones. 

Using the UTXO Realized Price Distribution chart, he reveals that $177 and $189 are the two key resistance levels for Solana, with one final obstacle at $200. 

He further confirms that there is barely any resistance once the SOL price clears the $200 hurdle and would likely skyrocket to new highs. 

Typically, timing matters less for spot buyers if Solana is indeed on track for a mid-term target of $1,300. However, with the broader crypto market still in a bull cycle, there’s little justification for entering below a key resistance level where price momentum tends to stall. A breakout above resistance would offer stronger confirmation and better risk-reward for buyers.

Nevertheless, SOL remains an attractive investment, especially with the high approval odds of the spot Solana ETF this year. 

Is Solana A Better Investment Than Ethereum This Year?

Unfortunately for the Solana bulls, on-chain data now confirms what technical charts were already hinting at: Ethereum will continue to lead the altcoin rally and would likely be a superior investment to SOL. 

Recent Glassnode data shows that Solana’s realized cap growth decelerated from 6.34% to 4.84%. On the contrary, Ethereum’s realized cap growth rate actually went up from 5.32% to 6.41%. 

With the growing number of ETH treasury companies, the ongoing stablecoin and tokenization movement and the strong institutional demand, Ethereum simply has higher bullish momentum, especially in the short to mid-term. 

Solana Sniper Bot Token Snorter Tipped As The Next 100x Crypto

Snorter (SNORT) is a high-utility meme coin project with a cutting-edge crypto trading bot at its core. 

The project aims to level the playing field for small retail investors by offering the speed, automation, and advanced tools typically used by whales.

The Telegram-native Snorter Bot is designed to help users automate and speed up their meme coin trades. It scans for new token listings, identifies liquidity additions, and executes sniping trades with low latency. 

It also supports scheduled buys, stop-losses, copy trading, and even automatic trading of perpetual futures. Unlike many other bots, it also includes rugpull and sandwich attack protection, reducing the risk for users. 

Holders of the SNORT token get a discounted 0.85% fee when using the bot and can stake their tokens for additional yield. Unsurprisingly, nearly $2.5 million has already been raised in the presale, with whales and smart money investors among the early buyers. 

Considering its unique value proposition, popular crypto influencers are already taking note of the project, with many calling it the next 100x crypto. 

Visit Snorter Token Presale

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