Solana Price Targets $120-$150 as Analysts Predict Rally

2 hour ago 4 sources neutral

Key takeaways:

  • Solana's on-chain growth signals genuine adoption, but memecoin speculation may mask underlying valuation risks.
  • The $75 support zone is a crucial liquidity test; failure to hold could trigger algorithmic sell-offs.
  • BTC's trajectory remains the wildcard; SOL's $150 target hinges on broader market stability.

Crypto influencer Ansem, a long-time Solana bull, has forecasted that SOL will reclaim the $150 level within the next few months. The prediction comes amid a prolonged period of range-bound trading for many altcoins and is based on increasing on-chain activity and developer momentum on the Solana network. Ansem, who recently launched the memecoin ANSEM, believes on-chain-based cryptocurrencies are poised for a significant upward move, with SOL breaking out of its sideways consolidation to reach $150 as a near-term target.

Complementing this outlook, technical analysts are focusing on immediate support levels. Michaël van de Poppe highlights the $75–$77 zone as crucial — if buyers defend this area, SOL could push toward $100 and then $120. A separate Elliott Wave analysis by MCO Global suggests a wave 4 micro support near $78–$80, with upside targets at $85–$94. Both perspectives emphasize that holding current support is essential; a break below $75 would weaken the recovery structure and shift focus to deeper levels like $64–$71.

These analyses, while not guaranteed, reflect a broader sentiment that Solana is undervalued and that on-chain metrics — such as rising DeFi and NFT activity — could underpin a sustained price recovery. Traders, however, are advised to consider macroeconomic factors and Bitcoin’s trajectory, as SOL remains sensitive to overall market volatility.

Previously on the topic:
Jul 2, 2026, 5:19 a.m.
Solana Sets New Weekly Record with 962 Million Non-Vote Transactions
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