Solana price chart analysis from the past revealed a critical consolidation phase within a symmetrical triangle pattern.
Solana found itself oscillating between significant Fibonacci levels. SOL price was between a critical juncture at $214.946 and $183.643, respectively marked by the 0.618 and the base of the triangle.
This pattern suggested potential breakouts, projecting a sharp 40% move for SOL depending on the direction it took.
If Solana had breached the upper resistance at approximately $215, a bullish scenario was likely to unfold. This could target a rally towards $300, marked by the 1 Fibonacci extension level.
Conversely, a breakdown below the $183 support could trigger a bearish plunge, aiming close to the $155 mark. This can lead to intensifying selling pressure.
Throughout, traders should monitor these price points closely, using them as triggers for adjusting their positions.
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This strategic play within the defined ranges underlined the importance of breakout points in determining Solana’s short-term market sentiment and potential price trajectories.
Solana Price Valuation Against Bitcoin
Analyzing the SOL/BTC and ETH/BTC weekly charts revealed a striking resemblance in their trajectories from 2021 to 2025.
Both pairs exhibit significant volatility with pronounced peaks and troughs aligned in a similar temporal sequence.
In early periods, Ethereum and Solana price saw peaks that suggest strong market optimism. It was followed by gradual declines reflecting market corrections or bearish sentiment.
For instance, both charts experienced a sharp rise followed by a stabilization phase, leading to a gradual downward trend.
Specifically, Ethereum’s value against Bitcoin peaked around 0.03697 in early 2021. It then fell to lows around 0.03449 by late 2025.
Similarly, Solana peaked around 0.0020244 and dropped to 0.0019797, showing potential predictive patterns of decline mirroring Ethereum’s earlier performance.
This correlation might indicate that Solana could continue to follow Ethereum’s historical price behavior against Bitcoin, potentially leading to further declines in the SOL/BTC ratio.
This is critical for investors considering the historical precedence set by Ethereum’s market movements relative to Bitcoin.
Solana TPS and Pumpdotfun Revenue
Analyzing the performance chart, Solana has surpassed its ATH of a true Transactions Per Second (TPS) rate, peaking at 1488 tx/s.
This high throughput, slightly below the anticipated 1,400 tx/sec mark, indicated robust network capabilities, critical for decentralized applications and fostering trust in Solana’s scalability.
This performance directly supported a bullish outlook for its ecosystem, potentially enhancing investor confidence and driving up its market price.
Furthermore, Solana’s Pumpdotfun platform impressively accrued over $405 Million in total revenue.
This financial milestone, by infusing substantial capital into Solana’s ecosystem, likely bolsters the network’s development and operational capabilities.
Enhanced platform performance and expanded service offerings can elevate Solana’s market positioning, potentially catalyzing an upward trajectory in SOL’s price as investor confidence grows.
This significant revenue figure highlighted the platform’s success and adoption, serving as a positive indicator for future growth and stability within the cryptocurrency market.
