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<p><a href="https://u.today/213-million-in-solana-moved-in-mere-hours-whats-going-on" rel="noopener noreferrer nofollow">Solana</a> (SOL) is trading at a discount on the cryptocurrency market by over 1% as many investors have engaged in profit-taking in the last 24 hours. Despite this development, Solana could witness a massive bullish rally in September based on historical patterns.</p>
<h2 id="solana-price-target-eyes-300-and-new-ath">Solana price target eyes $300 and new ATH</h2>
<p>According to <a href="https://cryptorank.io/price/solana/analytics" rel="noopener noreferrer nofollow">Cryptorank data</a>, Solana has an average growth rate of 3.17%, and this might support the asset to post new price levels. Over the last five years, SOL has closed September on a green note with significant numbers. The only exception was in 2020, when it finished in the red with a 39.3% drawdown.</p>
<p>In the remaining four years, Solana stayed green and made a profit for investors. For instance, in 2021, SOL hit a 29% growth rate. The closing figures were 5.38%, 8.22% and 12.5% for 2022, 2023 and 2024, respectively.</p> <img src="https://u.today/sites/default/files/inline-images/Screenshot%202025-08-29%20144204.jpg" alt="Solana">
<p>It shows that the asset has seen more consistency in having a bullish breakout in September. Hence, if history repeats itself, Solana could ride on the bullish wave to set a new all-time high (ATH).</p>
<p>The coin’s current ATH was set some seven months ago in January 2025 and stands at $294.33. To achieve a new ATH, SOL will have to trade above the $294 resistance zone.</p>
<p>As of press time, Solana is<a href="https://coinmarketcap.com/currencies/solana/" rel="noopener noreferrer nofollow">changing</a> hands at $211.34, representing a 0.83% decline in the last 24 hours. The asset has lost about $6 from its intraday high. However, trading volume is slightly up by 2.07% at $13.66 billion.</p>
<h2 id="solana-s-technical-indicators-back-bullish-thesis">Solana's technical indicators back bullish thesis</h2>
<p>Besides historical trends, another bullish catalyst for Solana is the current technical setup. A<a href="https://u.today/solana-to-300-bulls-relaunch-following-golden-cross-signal" rel="noopener noreferrer nofollow">golden cross signal</a>, which has formed for the asset as well as the bulls' appetite for the coin, makes the $300 level a target.</p>
<p>Meanwhile,<a href="https://u.today/solana-alpenglow-simd-0326-to-make-fundamental-changes-to-network" rel="noopener noreferrer nofollow">planned updates</a> to the Solana network, including the Alpenglow proposal, could make it faster and cheaper and could also drive adoption and impact price.</p> <a href="https://u.today/solana-to-300-historical-trends-back-bullish-price-breakout" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Solana to $300? Historical Trends Back Bullish Price Breakout

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