{"id":219282,"date":"2026-08-27T19:02:04","date_gmt":"2026-08-27T19:02:04","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=219282"},"modified":"2026-08-27T19:02:04","modified_gmt":"2026-08-27T19:02:04","slug":"solana-sol-reclaims-100-is-it-time-for-a-parabolic-rally","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=219282","title":{"rendered":"Solana (SOL) Reclaims $100: Is It Time for a Parabolic Rally?"},"content":{"rendered":"

Solana\u2019s native token has posted an 8% increase over the past 24 hours, prompting analysts to make highly bullish bets for the near future.<\/p>\n

At the same time, some remain cautious, projecting potential double-digit declines, while certain factors reinforce the pessimistic thesis.<\/p>\n

SOL\u2019s Bullish Targets<\/h2>\n

Just a few hours ago, the asset\u2019s price briefly exceeded $105, marking the highest point since early February. Currently, it trades at around $104, which translates into a solid 42% pump on a monthly scale.<\/p>\n

SOL\u2019s strong performance appears to stem from a blend of bullish factors working together. The most obvious one is the broader market resurgence driven<\/a> by monetary policy changes in the US, among other reasons. Another element is the rising institutional interest, with spot SOL ETFs registering seven consecutive green days: something last observed in May this year.<\/p>\n

<\/a>Spot SOL ETFs, Source: SoSoValue<\/p>\n

Next on the list is the return of some of the big players. Analytics platform Lookonchain revealed<\/a> that a smart trader (who has been inactive in the past two years) has purchased almost 96,000 SOL for nearly $10 million. The analytics resource noted that the market participant has previously completed two Solana swing trades, buying low and selling high both times, ultimately making $4.95 million in total profit. Of course, this has led to speculation that the player might know something the rest of us don\u2019t.<\/p>\n

For his part, X user Sweep disclosed<\/a> that a whale opened a $14.8 million long position in Solana, stating that the investor previously made $1.1 million trading the asset with a 100% win rate.<\/p>\n

Many analysts applauded SOL\u2019s revival, expecting further short-term gains. X user Daan Crypto Trades argued<\/a> that everything \u201clooks good\u201d as long as the price remains above $98.<\/p>\n

SKYLINE opined<\/a> that it is only a matter of time before SOL rises beyond $150, whereas Fuel projected<\/a> an eventual explosion to $1,000. It is important to note that the higher target seems a bit far-fetched, but yet again, nothing is impossible in crypto.<\/p>\n

Going South?<\/h2>\n

Unlike the aforementioned bulls, Sweep outlined<\/a> a rather cautious forecast. He thinks SOL could nosedive to $70, giving investors a chance to hop on the bandwagon at lower prices. \u201cAfter that, Solana will go parabolic,\u201d he added.<\/p>\n

The asset\u2019s exchange net flow backs the theory of a short-term decline. According to CoinGlass, investors have been moving aggressively from self-custody to centralized exchanges, which in turn boosts immediate selling pressure.<\/p>\n

<\/a>SOL Exchange Netflow, Source: CoinGlass<\/p>\n

\u00a0<\/p>\n

The post Solana (SOL) Reclaims $100: Is It Time for a Parabolic Rally?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Solana\u2019s native token has posted an 8% increase over the past 24 hours, prompting analysts to make highly bullish bets for the near future. At the same time, some remain cautious, projecting potential double-digit declines, while certain factors reinforce the pessimistic thesis. SOL\u2019s Bullish Targets Just a few hours ago, the asset\u2019s price briefly exceeded […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-219282","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/219282"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=219282"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/219282\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=219282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=219282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=219282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}