Solana Price Forecast – Swing Traders Should Look for THIS Opportunity!

In 2025, Solana [SOL] emerged as the leading revenue-generating blockchain, earning $1.3 billion, followed by Hyperliquid [HYPE] and TRON [TRX]. Despite strong performance for most of the year, the market experienced a significant downturn that dropped SOL below the $200 mark. Currently, the price is struggling around key support and resistance levels, with traders advised to watch for breakout opportunities.

Key Takeaways

Solana generated $1.3 billion in revenue in 2025, leading the blockchain space.
The market sentiment turned negative after a significant crash, dropping SOL below $200.
The current price action is fluctuating between $120 and $130, with traders encouraged to wait for a breakout or breakdown.
A change in market structure may inspire bullish sentiment, though it remains uncertain.

Solana price prediction - Swing traders should wait for THIS opportunity!

Solana's Market Performance

The Solana blockchain has established itself as a powerhouse in 2025, boasting a remarkable $1.3 billion in revenue, far ahead of competitors like Hyperliquid, which generated $816 million, and TRON at $608 million. On-chain activity remained consistently robust throughout the year, but this positive trend was abruptly disrupted by a significant market crash on October 10, which dampened bullish sentiments. Following this event, SOL’s price fell below the $200 threshold, resulting in a bear market.

In this market, SOL has faced intense competition between bulls and bears around a critical support area at $120, while the $130 level has acted as a persistent resistance point.

Bulls Test Local Resistance Again

Solana 1-day Chart Source: SOL/USDT on TradingView

At present, the daily price structure for SOL appears bearish. For a bullish scenario to take hold, it would require closing a daily trading session above $127.87, which marks the recent local swing high. Unfortunately, current indicators suggest that a substantial upward movement is not on the horizon.

The Chaikin Money Flow (CMF) has remained significantly below -0.05 over the past two months, pointing to heavy capital leaving the market. This continued selling pressure has put the asset in a downtrend, which has only started to ease in the last ten days.

Additionally, the Directional Movement Index (DMI) shows a lack of a definitive trend at this moment, indicating that crossing above the $130 mark could potentially change market perspectives. However, with low demand, traders must exercise patience as they wait for price movements.

Anticipating a Potential Bullish Reversal

Although the downtrend has slowed recently, the severity of capital outflows suggests that a market structure shift could boost bullish confidence. While such a scenario does not appear imminent at this time, traders should maintain an open outlook towards possible changes in market direction.

Guidance for Traders – Hold for Breakout or Breakdown

Solana 1-hour Chart Source: SOL/USDT on TradingView

While the downtrend shows signs of slowing, a confirmed uptrend has yet to develop. Instead, a temporary range has formed between $117 and $128. This creates an opportunity for lower-timeframe traders to take advantage of potential price movements. Swing traders, in particular, should remain vigilant and wait for a decisive move beyond this range to capitalize on the next impulse wave.

Closing Remarks

Disclaimer: The information provided in this article should not be considered as financial, investment, trading, or other types of advice; it reflects the author's opinion solely.