Join our Telegram Channel to stay up to date on the coverage of information on the breakup
Solana’s price has dropped more than 1% in the last 24 hours to negotiate $ 242.17 at 6:10 am in negotiation volume which plunged from 22% to 8.8 billion dollars.
This occurs while the co-founder of Ledgart and Crypto Kaleo analyst predicts that the soil price could increase by more than $ 1,000. According to Kaleo, a four -digit ground price is no longer a “misee” but a probable scenario.
Slowly but surely it is played at T.
$ 1,000 + soil is not a meme. pic.twitter.com/1zdl7dzhhh
– Kaleo (@cryptokaleo) September 17, 2025
Such optimism can arise from rapid soil adoption among business treasures. Brera Holdings PLC recently announced a strategic pivot to become solmatate, a cash and infrastructure of digital assets based on ground.
And now, Ark Invest by Cathie Wood has bought just under $ 162 million in stocks in Brera (BREA).
CME Group, the world’s largest operator for exchanging financial derivatives, has also announced its intention to launch options on Solana (soil) and XRP -term contracts next month.
“The launch of these options of options is based on significant growth and the increase in liquidity that we have seen in our suite of term contracts on Solana and XRP”, “ said CME Global Head of Crypto Giovanni Vicioso.
Solana’s price shows a force in the middle of key resistance levels
THE Soil price has been in a strong upward trend since the start of summer, climbing regularly in a well -defined upright channel model.
The Solana price recently tested the upper limit of this canal nearly $ 248, just less from the Fibonacci 1.0 extension level to $ 253.66, which now acts as the next major resistance.
Currently, Sol is comfortably negotiated above SMA from 50 days to $ 200.38 and the 200-day SMA to $ 162.78, which adds a technical force to the current trend.
Fibonacci’s retirement levels put more to know how the resistances prior to $ 174 (level of 0.5) and $ 192 (level of 0.618) turned into solid support zones, strengthening the bullish structure.
Major soil indicators report significant momentum
The relative resistance index (RSI) oscillates around 65, indicating intense purchase pressure but not yet in an excessive territory, leaving room to further.
Meanwhile, the divergence of mobile average convergence (MacD) shows a bullish crossing, with the blue MacD line above the orange signal line and in positive territory. The histogram remains green, reflecting the strengthening of the momentum in favor of buyers.
If the Solana price Maintains its position in the upward channel and manages to exceed the resistance of $ 253.66, it could trigger another higher leg to the region of $ 295, in its area of all time (ATH).
The thrust could be supported while investors rush to buy more, with the index of fear and soil greed which turned into greed.
#Solana The index of fear and greed is 62 – greed
Current price: $ 248.49 pic.twitter.com/klnkvym9qx– Index of fear and greed of Solana (@Solanafgi) September 18, 2025
Cryptographic analyst Ali Martinez Supports general upward perspectives, looking for a rally to the $ 270 area.
However, not maintaining more than $ 240 to $ 245 could lead to the price of the price of the median channel close to $ 220.
Related news:
Best wallet – diversify your crypto wallet
- Easy to use cryptographic wallet, easy to use
- Get early access to ICO to toys to come
- Multi-chaînes, multi-walk, non-guardians
- Now on the App Store, Google Play
- Pape to win the native token $ the best
- 250,000+ monthly active users
Join our Telegram Channel to stay up to date on the coverage of information on the breakup
