Solana’s About to Explode—Could SOL Skyrocket to $220 Before 2025 Ends?

Jakarta, Pintu News – In the final phase of the 2021 bull run, Solana (SOL) surprised the market with a 100-fold increase, making it one of the fastest-growing Layer-1s in history.

Bitcoin (BTC) price has just surged and recorded a record high on May 22, 2025. This move seems to change the direction of the market, with altcoins like Solana almost confirming a bullish breakout.

SOL prices look to be on the verge of a major explosion, so a rise above $220 looks very likely.

Solana Approaches Bullish Breakout

The crypto market is starting to show a bullish trend after Bitcoin broke a new record high around $112,000. Despite the rise, bearish activity is still limited, which suggests further upside potential for the token.

Read also: Bitcoin Holds Strong at $110K Today (May 23, 2025) — Is a $200K Surge Just Around the Corner?

As a result, the top 10 cryptos, including Solana, are expected to remain at high levels, although the speed of the rise may slow down slightly. Currently, SOL price is struggling to confirm recovery from important support levels.

If successful, the price could potentially rise by around 8%; however, there will likely be a final correction before breaking the $200 level.

SOL targets $220 after recovery

As seen in the chart above, Solana’s price is moving near the top of the rising wedge pattern. The price triggered a recovery from the support level and seems to be moving towards the resistance level around $195.

According to Coinpedia (22/5), the CMF indicator is showing a rise since the beginning of the month, while the MACD is close to experiencing a bullish crossover and is in positive territory. Therefore, the price has the potential to continue its healthy rise going forward.

Read also: VanEck Launches Avalanche Ecosystem Fund, Ready to Drive AVAX Price Surge and Crypto Revolution!

However, after the breakout of the rising wedge pattern, the token may experience a correction that could bring the price back down to around $180 or slightly lower. Once the selling pressure is exhausted, it is expected that the bulls will take control and push the price back above $200 in no time.

Although the price of Solana (SOL) may face bearish pressure at these levels, the bulls are expected to remain firmly in control of this move, so the bullish momentum may continue with initial targets at $220 and then up to $250.

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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:

• Coinpedia. Solana Gearing Up for a Huge Breakout-Will It Reach $200 by the End of Q2 2025? Accessed on May 23, 2025