Solana (SOL) Price Is Breaking Out – Here’s Where It Could Go Next

By Afe Funbi

Solana Price Prediction: $164 target in sight as multiple bullish patterns confirm breakout

Solana just made a move above $157, and it’s got traders watching closely. Over the past few months, SOL price action has been forming some pretty clean bullish patterns. 

After weeks of consolidation and chop, multiple chart setups now point toward a potential rally to $164 and maybe even higher if momentum keeps building.

Whether you’re looking at the daily, 4-hour, or 1-hour chart, the message is the same: buyers are back in control, and things are starting to heat up.

This breakout also comes at a time when broader altcoin sentiment is starting to shift. Bitcoin’s recent push to all-time highs has helped lift the market, and SOL appears to be benefiting from that renewed bullish momentum. 

With staking rewards, DeFi activity, and NFT traffic still active on the Solana chain, there’s also a narrative supporting long-term holding, not just short-term trades.

CoinCodex’s Solana price prediction forecasts that Solana’s price will slowly creep up throughout 2025, potentially reaching $195 by the end of the year.

SOL Daily Chart: Falling wedge break and double bottom setup

On the daily chart, SOL price had been stuck in a falling wedge pattern, one of those classic structures where the price keeps making lower highs and lower lows, until it doesn’t. 

That changed recently, with the price breaking out around the $145–$150 level. There’s also a textbook double bottom between $115 and $130, which usually signals a reversal after a long downtrend. 

Add to that a series of higher lows since hitting bottom around $100, and you’ve got a market that looks like it’s building for something bigger.

Right now, the big resistance to watch is in the $175–$185 zone, a level where the price got rejected multiple times in 2024 and early 2025. 

$SOL Time to retest higher IMO

Chart is looking ready pic.twitter.com/Cr5dc2ZnXk

— Crypto-ROD (@Crypto_R0D) July 10, 2025

If SOL’s price can punch through that zone and hold it, the next target being talked about is $240–$250, right around where the “Trump inauguration” spike happened earlier this year.

Solana chart patterns on lower timeframes point to continued strength

Zoom into the 4-hour chart shared by Crypto Patel, and the bullish setup gets even clearer. SOL was squeezing into a symmetrical triangle – it was also printing higher lows and lower highs, the kind of tight coil that usually breaks big. 

And it did. The breakout came just above $153, and SOL’s price has held steady since. This kind of triangle breakout usually plays out as a continuation move. 

$SOL is BREAKING OUT — Are You Ready?#Solana has officially broken out of a symmetrical triangle — a strong bullish pattern.
Setup gets invalid Below $147

Do you think this breakout sends #SOL to new highs? pic.twitter.com/4InR3vvMjB

— Crypto Patel (@CryptoPatel) July 9, 2025

Crypto Patel called it out directly on Twitter: “$SOL is BREAKING OUT – Are You Ready?” He also mentioned that the setup stays valid as long as we don’t dip below $147, giving a clear stop level for traders.

Sentiment aligns with what the SOL charts are saying

There is also Ali Charts, who pointed to a similar breakout on the 1-hour chart. That’s the next level to watch if this breakout continues to hold.

He highlighted the 0.786 Fibonacci level around $153.54, and sure enough, SOL price pushed through that resistance and now looks to be aiming for the 1.272 extension at $164.06. 

Resistance broke, and Solana $SOL could reach $164! pic.twitter.com/aNFqzOa6jb

— Ali (@ali_charts) July 10, 2025

Across all these charts, you’re seeing the same story: breakouts from key patterns, clean resistance flips, and higher targets on the horizon. 

And the commentary from traders like Crypto Rod, Crypto Patel, and Ali isn’t just hype – it matches what’s actually happening on the screen.

Crypto Rod hinted at a potential retest of $185 in the short term. Patel marked $170 as the initial upside, and Ali pointed straight to $164 as the next level based on Fib targets. 

These aren’t wild guesses – they’re grounded in technical structure and recent SOL price behavior. What’s also notable is that these breakouts are happening across multiple timeframes. 

That kind of alignment, when the daily, 4H, and hourly charts all point in the same direction, tends to give more weight to the move. It is of interest to different types of traders, from short-term scalpers to swing and trend followers.

Key levels to watch and breakout projections

If SOL price holds above $153 and the breakout continues, the $164–$170 zone is well within reach. After that, all eyes will be on the $175–$185 resistance, the same zone that shut down price rallies in the past. 

A clean break and retest there could open the door to $240 and beyond. On the downside, a drop below $147 would put the whole setup at risk, possibly dragging price back into the triangle and resetting the structure.

But for now, Solana looks strong. The technicals line up, social sentiment is turning bullish, and if the volume comes in, we might be looking at the early stages of a bigger leg up.

Source:: Solana (SOL) Price Is Breaking Out – Here’s Where It Could Go Next