
Jakarta, Pintu News – Solana is back in the limelight after forming a bullish continuation pattern after a sharp decline in last week’s flash crash. Technical analysts see that Solana is currently in a price configuration that supports the continuation of the uptrend, with the potential to break the psychological resistance at $300 (around Rp4.97 million at an exchange rate of Rp16,585/USD).
The current price movement of SOL follows a classic technical pattern: after completing five waves up from the September low, it enters a healthy consolidation phase that paves the way for the next rally.

Analysts expect two possible SOL price paths in the short term:
In both scenarios, the market structure remains bullish. Medium-term momentum is considered strong, supported by investor activity that has started to re-enter after negative sentiment subsided.
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One of Solana’s strengths in recent years is that its technology outperforms many other blockchain networks in terms of performance:
Solana has now become one of the main platforms for various DeFi and GameFi projects, and is supported by an active developer ecosystem.
According to the latest data, Solana’s transaction volume remained high even during the market correction. This demonstrates the resilience of the network and strong long-term investor interest in SOL tokens.
If market sentiment remains stable and selling pressure does not increase, then the $300 price target for Solana is very likely to be reached in the coming weeks. The combination of bullish technical signals, network efficiency, and support from the developer community makes SOL one of the altcoins to watch in this up-cycle.
But as always, investors are advised to keep an eye on crypto market volatility and exercise disciplined risk management.
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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 are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.