The Golden Cross forming on the Solana chart signals a possible 50% rally if the price holds above $160.
Traders bet on a near-term breakout surge as ETF inflows and $200 options strike show bullish sentiment.
Analysts highlight the critical $200 level for a major breakout, with upcoming call options further supporting the upward pressure.
Solana's recent price momentum, driven by technical indicators and ETF launches, suggests a positive outlook, with attention focused on maintaining levels above $160 for continued growth towards $200.