Analysts provide a timeline for Solana's price to reach $240

Solana (SOL) is firmly maintaining the key support zone from 105 USD to 125 USD as buying pressure starts to increase. If this price range continues to hold, the outlook for a strong growth rally will open up.

According to a leading analyst, if Solana can make a clear recovery from this area, the price of SOL is fully capable of breaking out to the 240 USD level.

In this context, Solana’s spot ETFs are attracting special attention after 18 consecutive sessions of positive net inflows, raising the total investment value to over 510 million USD.

SOL Forecast Could Surge to 240 USD

The SOL price chart is converging rare technical signals, and as analyzed by expert DrBullZeus, the market has now entered a noteworthy area.

Solana’s price has just touched the “liquidity attraction and strong breakout preparation” zone, which also coincides with a clear buy order block – an area that served as effective support for SOL in the past and is proving its effectiveness again after several weeks of correction.

BiSOL price chart by DrBullZeusSolana is forming a large descending triangle pattern, with the price moving deeper into the pattern. This signals that strong volatility may be imminent.

If buying pressure continues to maintain the 105 USD–125 USD price range, Solana could certainly bounce back. This recovery momentum could push the price close to 240 USD – the previous peak and an important liquidity area.

In the long term, the apex of this triangle is expected to appear in early 2026, signaling a major wave is forming.

A bullish move could begin in the next few weeks or accumulate momentum closer to the key moment, but the technical structure is already very clear. What Solana needs now is just more momentum from the market.

Expert Crypto Tony also emphasizes that 130 USD is a crucial pivot point. If the price is rejected at this level – especially with signs of weakness on lower timeframes – then the current recovery is only a temporary correction.

NguSource: XSuch a reaction usually opens up clear short opportunities, with selling pressure possibly returning strongly.

Solana Spot ETF Sets Record at 0.5 Billion USD

Solana spot ETFs have just recorded their 18th consecutive day of positive net inflows, bringing the total accumulated value to 510 million USD.

ETF Solana | Source: farside.co.ukLaunched in early November, these ETFs have attracted significant interest from institutional investors, reinforcing confidence in Solana’s long-term potential.

The Bitwise BSOL fund is leading the Solana spot ETF market with nearly 444.1 million USD, accounting for almost 90% of total inflows.

In addition, major names such as Fidelity (FSOL), Grayscale (GSOL), VanEck (VSOL), and 21Shares (TSOL) have all recorded steady inflows: Fidelity attracted 9.8 million USD, Grayscale 41.1 million USD, VanEck 3.5 million USD, and 21Shares 1.2 million USD.

Warning Signals from Moving Averages

Solana’s moving averages are currently flashing warning signals. The short-term EMA is about to cross below the long-term EMA – the “Death Cross” pattern that traders often view as the start of a prolonged downtrend.

History shows that Solana has experienced similar developments in Q1 and Q2, suggesting the potential for a repeat of previous cycles.

In past cycles, Solana fell as much as 59% from the local peak before the Death Cross pattern was completed. If this scenario repeats, SOL could drop to around 98 USD, extending the current decline to 47% from the most recent high.

Mr. Giao