<p>As Bitcoin surpasses the $99,000 mark, with a new all-time high of $99,314, Solana shares the momentum to hit a new ATH. With a 10% surge in the last 24 hours, the bull run in SOL price powers tailwinds for other altcoins.&nbsp;</p><p>Will this fresh bullish trend drive the SOL price to $300 as it enters the uncharted price levels? Let's find out in Coinpedia’s latest Solana price analysis.</p><h2 class="wp-block-heading" id="h-solana-sol-price-performance">Solana (SOL) Price Performance</h2><p>In the weekly chart, the SOL price action showcases a descending triangle breakout rally, completing a cup and handle pattern. This pattern breakout with the neckline at the $249 mark has resulted in a new all-time high for Solana.&nbsp;</p><figure class="wp-block-image size-large"><img src="https://image.coinpedia.org/wp-content/uploads/2024/11/22115824/image-2-1024x509.webp" alt="SOL price chart" class="wp-image-383500"></figure><p><a href="https://www.tradingview.com/x/TtmqKAyE/" rel="noopener noreferrer nofollow">Tradingview</a></p><p>Currently, it is trading at $262, with a 24-hour high of $264. As the bullish trend continues, SOL price action is on the verge of completing the third consecutive bullish week.&nbsp;</p><p>As Solana is trading at uncharted levels, the underlying bullish momentum is teasing an uptrend continuation. Furthermore, with the broader market recovery at play and Bitcoin inching closer to the $100,000 mark, Solana is likely to hit the $300 mark.&nbsp;</p><h3 class="wp-block-heading" id="strong-technical-indicators-strong"><strong>Technical Indicators:</strong></h3><p><strong>MACD: </strong>Supporting the bullish trend, this indicator gives a positive crossover with a spike of bullish histograms.</p><h2 class="wp-block-heading" id="h-will-solana-hit-300">Will Solana Hit $300?</h2><p>Based on the Fibonacci levels, the upside price target for Solana is at $602.92. This price coincides with the 1.272 Fibonacci level on the logarithmic chart.</p><p>On the flip side, a retest of the $250 breakout is possible if the buying pressure recedes.&nbsp;</p><p>Curious about Solana’s future? Read Coinpedia’s latest <a href="https://coinpedia.org/price-prediction/solana-sol-price-prediction/" rel="noopener noreferrer nofollow">Solana (SOL) Price Prediction</a> for future price targets.</p><h2 class="wp-block-heading" id="h-faqs">FAQs</h2><div class="schema-faq wp-block-yoast-faq-block"><div class="schema-faq-section" id="faq-question-1732256948186"><strong class="schema-faq-question">What is Solana's current price and performance?</strong><p class="schema-faq-answer">Solana is trading at $262, up 10% in the past 24 hours, after breaking out of a descending triangle and completing a cup-and-handle pattern.</p></div><div class="schema-faq-section" id="faq-question-1732256953874"><strong class="schema-faq-question">What are Solana’s next price targets?</strong><p class="schema-faq-answer">Short-term targets include $300, with a long-term Fibonacci-based target at $602.92 if bullish momentum sustains.</p></div><div class="schema-faq-section" id="faq-question-1732256954244"><strong class="schema-faq-question">What indicators support Solana's bullish trend?</strong><p class="schema-faq-answer">The MACD indicator shows a positive crossover, supported by a surge in bullish histograms, signaling continued upward momentum.</p></div></div>

Solana (SOL) Price Hits $264 ATH: Will $300 Be the Next Stop?

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