Overview

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Solana (SOL) price surged past key resistance, turning it into strong support and setting the stage for a breakout. Analysts now forecast a bullish path toward $200, with The Bigger PictureCan SOL Hit $200? Hitting $200 would be a major milestone, and it’s not entirely out of reach. With macro conditions looking a bit more stable Can Solana keep this momentum going and hit the $200 mark? It’s definitely looking possible right now. That level’s 32% higher than the current price, and we saw SOL trade around $200 as Solana (SOL) jumped 10.02% to $160.32 on May 8, reaching its highest level since March 3; MEXC COO Tracy Jin predicts SOL could reach $180-$200 if current levels Solana’s strong technical setup, coupled with rising DeFi activity and macroeconomic tailwinds, suggests that a move toward $200 is possible in the coming weeks. Solana wallet addresses holding at least 0.1 SOL hit a record 11. Solana tops weekly network revenue charts potentially pushing toward that $200 mark. Solana Changelly experts predict that the SOL price is unlikely to reclaim $200 this week. However, the entire prediction could depend on the overall market sentiment. If the market proves to be bullish and BTC gains traction, the entire prediction can prove to be inaccurate. Now, all eyes are on a key resistance zone near $144a level that could determine whether SOL can rally toward $200 once again. Solana (SOL) is gaining attention

Solana (SOL) Weekly Price Prediction: Can SOL Hit $200?

Solana (SOL) is gaining attention, and investors are eager to know: Can SOL hit $200 this week? The question is on everyone's mind after Solana (SOL) price surged past key resistance, turning it into strong support and setting the stage for a breakout. Analysts now forecast a bullish path toward $200. Solana (SOL) jumped 10.02% to $160.32 on May 8, reaching its highest level since March 3.

The Bigger Picture: Can SOL Hit $200?

Hitting $200 would be a major milestone, and it’s not entirely out of reach. With macro conditions looking a bit more stable, the possibility increases. Can Solana keep this momentum going and hit the $200 mark? It’s definitely looking possible right now. That level’s 32% higher than the current price, and we saw SOL trade around $200 as MEXC COO Tracy Jin predicts SOL could reach $180-$200 if current levels are maintained. Solana tops weekly network revenue charts potentially pushing toward that $200 mark.

Factors Influencing the Solana Price

Solana’s strong technical setup, coupled with rising DeFi activity and macroeconomic tailwinds, suggests that a move toward $200 is possible in the coming weeks. Solana wallet addresses holding at least 0.1 SOL hit a record 11, indicating strong user adoption and confidence. However, Solana Changelly experts predict that the SOL price is unlikely to reclaim $200 this week.

Key Resistance Levels to Watch

The entire prediction could depend on the overall market sentiment. If the market proves to be bullish and BTC gains traction, the entire prediction can prove to be inaccurate. Now, all eyes are on a key resistance zone near $144—a level that could determine whether SOL can rally toward $200 once again.

Conclusion

While the immediate outlook is uncertain, the long-term potential for Solana remains strong. Keep a close eye on market sentiment and key resistance levels as SOL navigates its path toward $200.