Critical Solana Price Moment in April 2025: Will it Reach a Peak?

Jakarta, Pintu News—In April 2025, the price of Solana SOL->Current SOL PriceRp 0Market Cap-Trading Volume-Circulating Supply- reached a critical support level that could determine its performance in the highly volatile cryptocurrency market.

Despite mounting selling pressure, Solana (SOL) managed to maintain its resilience, especially after President Donald Trump halted the tariff policy.

Check out the full analysis below!

Whale Activity and Solana’s Market Sentiment

Recently, whale activity has significantly affected the price of Solana (SOL). Whale Alert reported the transfer of 1,030,000 SOL tokens worth $110 million from the Kraken exchange to an unidentified wallet on April 9.

President Trump’s tariff suspension policy has revived the market, with gains of more than 10% registered in Solana (SOL), Bitcoin BTC->Current BTC PriceRp 0Market Cap-Trading Volume-Circulating Supply-, Ripple XRP->Current XRP PriceRp 0Market Cap-Trading Volume-Circulating Supply-, Ethereum ETH->Current ETH PriceRp 0Market Cap-Trading Volume-Circulating Supply-, and Shiba Inu SHIB->Current SHIB PriceRp 0Market Cap-Trading Volume-Circulating Supply-. These massive transactions have increased Solana’s price volatility (SOL).

On the same day, LookOnChain revealed that a whale with the nickname “4W1Ree” had relinquished a stake of 159,028 SOL, which equates to $16.5 million. This move and other large transfers have put pressure on the currency’s short-term stability.

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SOL Price Technical Indicators Show Key Levels

The daily chart of Solana (SOL) prices shows a widening falling channel pattern, with prices recently dropping to $95.16 on April 7. Buying activity below the $100 mark has helped keep Solana (SOL) above this psychological level.

Some important levels have emerged that can be considered key points of interest for traders and analysts. According to Ali Charts, the current support levels are at $74 and $50, while the first resistance level is at $115, and another resistance level is at $121.

If Solana (SOL) can hold above $95, this resistance area will likely be reversed. However, if Solana (SOL) prices fall below $95, further declines are possible, with targets as low as $69.94.

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Solana Price Outlook in April 2025

Despite facing challenges from whale sales and market uncertainty, analysts remain cautiously optimistic about Solana’s (SOL) potential.

The cryptocurrency’s ability to maintain a position above $100 has attracted attention, with some believing that the coin could gain momentum if key resistance levels are successfully broken.

According to prediction market Polymarket, in April, the Solana (SOL) price will drop to $80 according to 20% of participants, while 30% predict a jump to $150.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. Solana: Most Important Price Moment in April 2025. Accessed on April 10, 2025
• Featured Image: Zipmex