Key takeaways:
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Solana is mirroring BNB’s 2024–25 rally, eyeing a breakout above $295.
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A cup-and-handle sample units SOL’s upside goal close to $540.
Solana (SOL) seems to be following an almost similar chart trajectory to BNB (BNB), suggesting it could be on the verge of its personal breakout.
SOL worth might rise 20% inside weeks
A side-by-side comparability of SOL and BNB weekly charts exhibits placing similarities for greater than a yr, as highlighted by BitBull on Thursday.
Both BNB and Solana have traced practically similar market constructions since early 2024.
Each posted a pointy first-leg rally, adopted by a multimonth reaccumulation part between mid-2024 and early 2025, characterised by sideways consolidation and corrective pullbacks, earlier than resuming their uptrends.
For BNB, this setup matured in August 2025, when it reclaimed its earlier all-time excessive of $794.30. The breakout shortly gathered momentum, and inside weeks, BNB prolonged its rally to a brand new document peak above $1,000 on Thursday.
Solana now seems to be coming into the identical breakout part that fueled BNB’s parabolic rise, eyeing a breakout over its present document excessive at round $295 inside a month, up about 20% from present ranges.
The sample underscores how investor conduct tends to rhyme throughout markets: Early rallies attract momentum, consolidations shake out weak arms and renewed liquidity inflows assist the uptrend resume.
For occasion, Ether (ETH) surged from ~$10 to ~$400 within the first half of 2017, entered a six-month reaccumulation part, then broke out once more to hit about $1,400 by January 2018.
The construction regarded nearly similar to Bitcoin’s (BTC) earlier 2013 cycle.
SOL technical sample hints at 120% rally
Solana is portray a traditional bullish continuation sample often called a “cup and deal with,” positioning it for a possible breakout to new highs.
The weekly SOL/USDT chart exhibits the “cup” part forming through the lengthy bottoming course of from late 2021 to mid-2023, adopted by the “deal with” consolidation stretching into 2025.
This construction has created a neckline resistance round $267, which SOL has been testing for a breakout since November 2024.
A decisive shut above this neckline may set off the following leg greater, with a technical breakout goal projected over $540, up 120% from present worth ranges, by the yr’s finish or early 2026.
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SOL’s weekly relative energy index (RSI) stays under the overbought threshold of 70 regardless of regular positive aspects, additional hinting that there’s extra room to climb.
This article doesn’t comprise funding recommendation or suggestions. Every funding and buying and selling transfer entails danger, and readers ought to conduct their very own analysis when making a choice.