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Solana Price Prediction: Why Analysts Say May Could Be the Biggest Month of 2025
Solana (SOL) is starting to regain strong growth momentum, partly due to the explosive growth of the meme coin ecosystem. In the past month, SOL has surged by 20.7%, signaling a strong comeback as optimism spreads across the network. A cryptocurrency analyst, nicknamed Inmortal, believes that May could be a decisive month for Solana, potentially confirming whether the recent rise marks the end of the bear market or not. Inmortal also pointed out the astonishing similarities between the current price movement of Solana and the strong price surge of this stock in 2022 — further reinforcing the bullish outlook. Two years ago, SOL surged strongly after a significant downtrend. However, this was the last price increase of the bear market which has since faded and pushed the token down to lower levels. History may not repeat itself, but sometimes it rhymes. Inmortal emphasizes that the next 30 days will provide a clear answer to what the recent price surge really is. If SOL drops to 100 dollars once again, it will confirm that, similar to what happened in 2022, this token could trade within a range near that important support level for many months. However, if the price continues to rise, this thesis could be refuted and we could see Solana regain important levels in the near term – including the extremely important $200 threshold. Solana has broken the Falling Wedge pattern and may rise to 180 dollars. The recent price movement of Solana has confirmed a bullish breakout from the descending wedge pattern, with high trading volume pushing the price from $132 to $150 in just a few days. Momentum indicators continue to support the bullish outlook, with the RSI remaining above the signal line and the MACD chart still in the positive zone — both signaling that the next bullish trend may occur.
That said, SOL is still trading below the 200-day exponential moving average (EMA), which means the trend is still bearish. A move past this important milestone will be a positive signal for the buyers as it will confirm the trend reversal. The 200-day EMA is currently around $160, which is an important level to watch this week.