Solana News: SOL $180 Target in Sight as Market Sentiment Reaches Historic Highs

Solana (SOL) has shown recent strong signs of recovery following several weeks of market volatility. As market trend analysis leans towards bullish sentiment, analysts predict that SOL is priming for a potential breakout to $180. The Solana price has recovered key support levels, with increasing institutional investment growth, groundbreaking technology advancements, and rising community support driving optimism.

SOL Price Surge and Social Sentiment

In the last week, the Solana price has increased by 14% from the $121 support level to break above $145. The sudden spike has revived hope for the crypto rally. The social sentiment of SOL has hit all-time highs, mainly due to the increase in institutional investments and growing adoption, as per the on-chain analytics tool Santiment.

Chart 1 – SOL/USD Monthly Historic Levels Chart, published on Santiment, March 28, 2025.

The chart identifies Solana’s record rise, as measured by an 18:1 positive-to-negative comment ratio across social media. The shift in sentiment comes after a challenging period for Solana. Earlier this year, hype-driven rallies caused a temporary high of $200 before the market corrected, erasing almost 50% of its gains. Recent institutional investment expansion and growth in Solana-based tokenized assets have since restored investor confidence, setting SOL up for another possible crypto rally.

Market Recovery and Institutional Interest

Institutional investment growth is also leading the Solana price rebound. Expectations of Solana-based ETFs, coupled with rising decentralized exchange (DEX) activity, have fueled the new bullish sentiment. Analysts foresee that the approval of a Solana ETF in early 2025 could help bring billions of dollars in institutional capital, following the success of Bitcoin and Ethereum ETFs.

In addition, the growth of DEX volume on Solana has led to increased network charges, which have benefited stakers and long-term holders. Solana’s growing popularity in the DeFi industry is expected to strengthen its standing in the cryptocurrency market as a whole and pave the way for further price increases.

SOL Preparing for Next Major Resistance

Market trend analysis suggests that key price levels will determine Solana’s short-term trajectory. Having retaken $136 as a support level, SOL is now consolidating between $136 and $139. Breaking above $140 may trigger a strong crypto upsurge to the $180 resistance level.

Technical indicators also point to a possible upward movement. The presence of an ascending triangle pattern indicates Solana is likely to go higher. Experts project that in the event of sustained bullish sentiment, SOL may hit more than $180 within the next few weeks. Some market analysts even venture that the momentum could take the Solana price back to its 2024 highs of $265 and beyond.

Chart 2 – Provided by rgb28, published on TradingView, March 28, 2025.

The above SOL/USDT chart indicates Solana’s recent price action, with fluctuations between $136 and $146 in the last few days. Although it briefly moved beyond $145, SOL was resisted and corrected to $138 as the market sentiment shifted. This movement follows the historic increase in upbeat sentiment fueled by institutional investment expansion and participation by the community. Experts warn that volatility may continue before SOL has a clear breakout towards $180. Historical trend analysis of the market shows that Solana has a tendency to rally following consolidation. 

Final Thoughts: A Promising Outlook for Solana

Solana’s price has been on the rise as a result of both a technical rebound, growth in institutional investment, and growing adoption in the DeFi space. As the bullish sentiment is at historical highs and key resistance levels gain attention, SOL seems poised to enter another powerful SOL price surge.