Solana is showing signs of mirroring BNB’s rally in 2024-25, with a potential breakout above $295. A cup-and-handle pattern suggests SOL could reach $540, a 20% increase. BNB and Solana have followed similar market structures since early 2024, with BNB hitting new record highs above $1,000 recently. Solana is now poised for a breakout, eyeing a 20% increase to around $295. The pattern indicates a potential 120% rally for SOL, with a breakout target over $540 by the end of 2025 or early 2026. The relative strength index (RSI) for SOL suggests there is more room for growth despite steady gains. This information is for educational purposes and not investment advice.
Read more at CoinTelegraph: Solana Following BNB Toward New Record Highs: SOL Price Analysis
