Key notes
- A Solana Whale bought $ 52.78 million in $ 141 after sold at $ 115.
- Solana recently exceeded ethereum in a total complementary value, signaling increasing confidence in the network.
- Analyst Ted Orlows Sol Projects to reach $ 160 at $ 180 in May and a new ATH before the third quarter of 2025.
A Solara
GROUND
$ 140.0
24h volatility:
0.4%
COURTIC CAPESSION:
$ 72.39 B
Flight. 24 hours:
$ 3.82 B
Whale has reintegrated the market with a purchase of $ 52.78 million at $ 141, just days after unloading almost half a million soil chips at a much lower price of $ 115.
The daring movement reported by Lookonchain has suggested a lot if it is a calculated accumulation or an error.
A whale withdrew 374 161 $ Soil($ 52.78 million) #Binance at $ 141 an hour ago.
Interestingly, this whale sold 451,594 $ Soil For 51.86 m $ USDC at $ 115 between April 9 and April 13.
Sell low and buy high? Daring strategy. pic.twitter.com/sp3gbg31wn
– Lookonchain (@lookonchain) April 21, 2025
The purchase coincides with an increase of 50% in the trading volume 24 hours a day, according to CoinmarketCap. The sixth cryptocurrency is up 9% in the last month, currently negotiating around the $ 140 mark.
Meanwhile, data shared by popular Crypto Ali Martinez analyst suggest that the number of portfolios holding more than 10,000 soil increased by 1.53% last week. This indicates the confidence of investors in the long-term potential of cryptocurrency.
The number of portfolios containing more than 10,000 #Solana $ Soil increased by 1.53% last week, going from 4,943 to 5,019. A subtle but notable increase in the activity of the Grand-Holder! pic.twitter.com/5unloqrelj
– Ali (@ali_charts) April 19, 2025
The Solana network surpasses some of the largest names in the industry. In the past seven days only, he recorded 28.4 million active addresses – more than Ethereum
Ethn
$ 1,639
24h volatility:
3.0%
COURTIC CAPESSION:
$ 197.90 B
Flight. 24 hours:
$ 10.66 B
Bitcoin
BTC
$ 87 419
24h volatility:
3.5%
COURTIC CAPESSION:
$ 1.74 T
Flight. 24 hours:
$ 24.85 B
And other high -level blockchains.
Interestingly, later April 20, Solana also briefly exceeded Ethereum in terms of total complementary value. This “Flippe” has been partially fueled by stronger ground performance compared to the ETH in the past two years, where the Sol / ETH ratio has jumped almost 10 times since June 2023.
The pseudonym Cryptocurb analyst recently predicted an increase of 1,300% of the long -term soil price. In a post X, they cited impressive network measures and set a price target of $ 2,000 for the token.
“How Solana reaches $ 2,000”
$ 2K $ Soil = 1t $ stock capacity
ETH has reached market capitalization of 0.6 T $.
ETH was also unusable (> $ 500 transaction costs) to> 100 billion MC dollars.
$ 2,000 is absolutely realistic if Solana maintains its global adoption rate with a minimum of disturbances / continues to develop.
– Curb (@cryptocurb) April 20, 2025
Solana (soil)
On the daily ground price table, the RSI is currently at 58.78 with a gradient upwards. This suggests a bullish momentum with key resistance around the beach from $ 145 to $ 150.
Sol graph price | Source: tradingView
The Bollinger strips widen, the price now pushing against the upper strip. This often indicates increased volatility and a potential escape scenario, the band medium (20 days SMA) acting as a key support nearly $ 124.
Meanwhile, the MacD line is above the signal line and the two are in positive territory, a classic Haussier signal. However, traders should monitor a possible lower crossover if the purchase of Momentum fades.
Sol graph price | Source: Commercial view
Cryptographic investor Ted Ore has suggested that the current fractal of Solana imitates the Bothing model from the end of 2022. He predicted a rally around $ 160 at $ 180 by May and launched the possibility of a new summit of all time in the third quarter of 2025.
$ Soil The current fractal resembles T4 2022.
The lower stockings that formed the bottom and led to a capitulation.
Now, I expect a Solana rally around $ 160 at $ 180 in May and probably a new ATH in the third quarter of 2025. pic.twitter.com/anavi76btt
– Ted (@tedpillows) April 20, 2025
It is important to note that Sol is currently negotiated with a decrease of 52% compared to its peak of $ 294, reached on January 19, 2025.
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Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
