Solana Picture Bigger Than $420: Analyst Predicts 140% Surge To New ATHs

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Solana (SOL) is once again in the spotlight, as a market analyst has forecasted a massive rallythat could propel the token’s price to new All-Time Highs (ATHs) by late 2025. The prediction suggests a staggering 140% surge from current levels toward a bold price target of $420 and beyond. Solana Prepares For Parabolic Move Toward $420

A fresh chart analysis sharedby a TradingView crypto analyst, Master Ananda, reports that Solana has completed a textbook rounded bottom pattern, indicating a bullish reversal to new ATHs. Notably, the analyst forecasts that SOL is gearing up for a parabolic surgeto $420, emphasizing that this bullish projection is not the cryptocurrency’s final target.  Related Reading Analyst Tells Investors To Be Patient As Solana Price Hits Resistance 1 week ago

The analysis, as stated earlier, is based on the formation of a rounded bottom pattern, which has been developing since early 2025. This pattern has now transitioned into a breakout structure, with the Solana price reportedly holding firmabove the $160 support line — a level considered the baseline of the rounded bottom and a psychological stronghold for the market. 

Notably, Solana faced a strong rejection at a key resistance area on May 23. However, despite the pullback, Master Ananda emphasized that the price action remains resilient, suggesting that bullish momentum is still intact and the dip has not altered the altcoin’s positive long-term outlook in the months ahead. 

In addition, Solana also dropped to a low on May 19, marked by the blue line on the price chart. Despite this, the analyst strongly asserts that there is “absolutely no bearish action” on the current chart. 

As long as the $160 level holds, the current trend is likely to accelerate toward higher Fibonacci resistance levels, culminating in the 1.618 extension at around $419.78. This bullish target would represent approximately 140% growth from the current price of around $178 and would place Solana at a new all-time high.  Source: Master Ananda on X

Interestingly, Master Ananda noted that even if Solana falls below the key support level, it would be of little concern. Such a move would likely signal a market shakeoutor a bear traprather than a pullback or an invalidation of Solana’s bullish thesis. This view stems from the belief that SOL’s bullish bias has already been confirmed, positioning the market for potential strong growth over the long term. 

The key point of Master Ananda’s analysis is that Solana’s rise is expected to be sudden and powerful, leaving those on the sidelines regretting missed opportunities. As the market matures and liquidity improves following Bitcoin’s steady rise, the sharp upside potential for Solanacould unfold much quicker than anticipated.  Macro Catalysts Align For Massive Crypto Growth

While explaining his bullish case for Solana, Master Ananda revealed that changes in macroeconomic factors could become a catalyst for astonishing growth in the crypto market. With the US Federal Reserve(FED) expected to initiate interest rate cutsin the coming months, the broader risk-on environment is set to benefit the crypto sector significantly. Related Reading Solana Rebound To $900 Is Coming, But This Resistance Stands In The Way 3 weeks ago

The analyst suggests that Solana’s current price levels, while not at absolute lows, still represent a significant buy zone. Master Ananda revealed that Solana’s potential is substantial, and as the next bull cycle gains momentum, $300 will no longer be seen as expensive. Before this happens, Master Ananda has stated that investors “should be fully invested and buy like it’s the end of the world”. SOL trading at $177 on the 1D chart | Source: SOLUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com