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Sujit Kumar
Jul 11, 2025

Solana Shows Bullish Signs: Can SOL Target $185 Next?

solana shows bullish signs
Solana (SOL) is currently displaying renewed bullish momentum, sparking optimism among investors and analysts about its potential for further price appreciation. Following a recent surge, the cryptocurrency is trading above key levels, leading to speculation that it might be gearing up to test the $185 mark in the near term. This latest uptick comes after a period of mixed performance for the altcoin throughout the year.

Recent Gains and Market Outperformance

As of July 11, 2025, Solana has registered a notable 3.5% increase in the last 24 hours, with its price hovering around $163.76. This daily gain contributes to a more substantial upward trend seen since the start of July, with SOL climbing 11.74% this month alone. Over the past week, Solana has outperformed many of its altcoin counterparts, posting a respectable 7.4% gain and highlighting its current strength in the broader crypto market.

A Year of Volatility and Resilient Recovery

Solana's journey through 2025 has been marked by significant volatility. The cryptocurrency started the year with robust growth, seeing a 22.3% increase in January. However, the first quarter concluded with a notable 34.1% loss, primarily driven by dips of 36% in February and 15.7% in March. The second quarter, however, brought a resilient rebound, with gains of 18.6% in April and 6.11% in May, despite a minor setback of 1.08% in June.

The current rally in July is now under close observation. The key question for investors is whether this latest surge represents a short-term price spike or signifies the beginning of a more sustained upward trend that could propel SOL towards the coveted $185 target, building on its recent market outperformance and underlying ecosystem developments.

Solana Shows Bullish Signs: Can SOL Target $185 Next?
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

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