Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Solana’s Booming Price Path From $147.91 to $200: Key Resistance Levels and Timeframes to Watch

Solana’s Booming Price Path From $147.91 to $200: Key Resistance Levels and Timeframes to Watch

CryptoNews2025/05/04 19:45
By: Arslan Butt
BTC-0.57%SOL+0.83%AIOLD0.00%
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Solana (SOL) is currently trading around $147.31, but recent whale activity suggests a much higher target may be in play. On May 3, 2025, an anonymous whale staked 193,909 SOL—worth approximately $28.7 million—on-chain, as confirmed by Solscan.

The transfer came from crypto exchange Kraken and hit a staking address just before 10:00 AM UTC.

💥BREAKING:

A WHALE JUST STAKED $28.7M WORTH OF $SOL

LETS GO 🚀 pic.twitter.com/Ajfm7liCzJ

— Crypto Rover (@rovercrc) May 3, 2025

This high-stakes move ignited a surge in trading volume, which spiked 18% to over $1.2 billion in two hours. SOL’s price swiftly responded, climbing from $164.00 to $165.80, while buy-side pressure intensified on Binance and Coinbase.

As this unfolded, staking activity across the Solana network jumped by 7%, suggesting growing long-term conviction among large holders.

Key Whale Impact Stats:

  • Staked: 193,909 SOL ($28.7M)
  • Volume spike: +18% (to $1.2B)
  • Staking surge: +7% (2.1M SOL total)

Solana Technical Outlook: $154 Is the Breakout Trigger

From a technical standpoint, Solana’s price structure is compressing within a symmetrical triangle, with key support at $146.62 and overhead resistance at $154. This pattern often precedes explosive moves.

Solana’s Booming Price Path From $147.91 to $200: Key Resistance Levels and Timeframes to Watch image 1 Solana Price Chart Source: Tradingview

The MACD is neutral but hinting at a potential crossover. Traders should closely watch for a break and close above $154, which opens up targets at $158.76 and potentially $163.13. A confirmed breakout would likely attract momentum traders, pushing SOL toward its psychological milestone: $200.

Trade Setup:

  • Entry: Break and close above $154
  • Targets: $158.76 → $163.13
  • Stop Loss: Below $143.20
  • Alternative Scenario: Drop below $146 could drag SOL to $143.24 or $139.10

This setup favors swing traders looking for breakout opportunities with clearly defined risk levels.

AI Hype and Whale Moves Fuel Sentiment; Solana in Foucs

Solana’s bullish momentum isn’t just about charts—it’s also about narrative. While the $28.7M stake wasn’t explicitly tied to artificial intelligence, Solana’s infrastructure continues to gain traction among AI developers.

Solana’s Booming Price Path From $147.91 to $200: Key Resistance Levels and Timeframes to Watch image 2

Projects like Render (RNDR) and Fetch.ai (FET) saw price and volume gains shortly after the whale move.

That interconnection points to a broader dynamic: when a major Layer 1 token like SOL gets institutional attention, the ripple effects often benefit related sectors.

Traders exploring AI-aligned altcoins should keep a close eye on Solana-driven momentum.

Conclusion

The combination of whale conviction, on-chain activity, and a bullish technical setup paints a compelling picture for Solana. If SOL breaks $154 with volume, it could sprint toward $163—and possibly challenge $200 in the coming weeks, fueled by rising network demand and macro trends.

BTC Bull Token Crosses $5.28M as Flexible 78% Staking Yield Draws Investors

BTC Bull Token ($BTCBULL) continues to gain traction, crossing $5.28 million in funds raised as it nears its $5.96 million presale cap. Priced at $0.00249, the token has positioned itself as more than just a meme coin—offering real utility through flexible, high-yield staking.

Utility-Driven Tokenomics Fuel Demand

Unlike typical meme tokens, BTCBULL blends crypto culture appeal with tangible staking rewards. Investors can currently earn an estimated 78% APY while keeping their tokens fully liquid—unstaking is allowed at any time without penalties or lockup periods.

This model has resonated with investors who seek yield without sacrificing access, especially in a volatile crypto environment.

Solana’s Booming Price Path From $147.91 to $200: Key Resistance Levels and Timeframes to Watch image 3

Current Presale Stats:

  • USDT Raised: $5,284,443 of $5,963,550
  • Current Price: $0.00249 per BTCBULL
  • Staking Pool Total: 1,342,549,903 BTCBULL
  • Estimated Yield: 78% annually

With less than $680K left before the next milestone, the presale window is narrowing fast. For investors chasing high yields with exit flexibility, BTCBULL is becoming an increasingly compelling contender in the 2025 crypto cycle.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — HOLO/USDT!
Bitget Announcement2025/09/12 07:46
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA2025/09/12 06:14
OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA2025/09/12 06:14
New spot margin trading pair — LINEA/USDT!
Bitget Announcement2025/09/11 10:04

Trending news

More
1
New spot margin trading pair — HOLO/USDT!
2
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,405.21
-0.35%
Ethereum
Ethereum
ETH
$4,596.17
-1.29%
XRP
XRP
XRP
$3.04
-3.19%
Tether USDt
Tether USDt
USDT
$1
-0.02%
Solana
Solana
SOL
$244.56
+2.16%
BNB
BNB
BNB
$926.84
-1.10%
USDC
USDC
USDC
$0.9996
-0.02%
Dogecoin
Dogecoin
DOGE
$0.2757
-7.83%
TRON
TRON
TRX
$0.3476
-0.70%
Cardano
Cardano
ADA
$0.8884
-5.57%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter