Log in

PRO
Market Direction

Solana’s next stop: $162 or $222?

Published: Feb 10, 2025
0
Share:

Solana ($SOL) is attempting to break out of a downtrend but faces strong resistance at $203. Support sits near $180, with the next upside target at $222. Can SOL sustain momentum?

Post Feature Image

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.


  • SOL's Open Interest (by number of coins) has been generally downtrending since early January, and since the price spike, it's remained flat. This essentially means that there aren't many signs of froth currently.
  • SOL's Funding Rate has fluctuated between slightly negative and positive, showing real indecision amongst traders. Funding was negative, and as price has ground higher in the last days, it's reset back to slightly positive.
SOL's funding rate:

5. Solana Open Interest-Weighted Funding Rate chart showing SOL price trend and funding fluctuations, indicating market sentiment and trader positioning.

Technical analysis

  • SOL has found some support in the short term from an old level between $180 and $190.
  • SOL is now attempting to break out of its downtrend line, and also reclaim the horizontal level of $203.
  • If SOL can break out that might mean we see a further move higher, however, we think this might stall out around the horizontal level of $220 (the next horizontal resistance).
  • The major supports are at $180 to $188, and then at $162.
  • The RSI remains in a downtrend and it is now butting up to its moving average. The moving average and the downtrend may provide too much of a resistance from the price to break out from.
6. Solana daily price chart with support, resistance, trendlines, and RSI, analyzing potential breakout levels and downside risk areas.
  • Next Support: $180
  • Next Resistance: $222
  • Direction: Neutral/Bullish
  • Upside Target: $222
  • Downside Target: $180
Stay updated on Solana price prediction—explore our full analysis for the latest market insights.

Cryptonary's take

Price is at a key point here in that it's attempting a breakout. In the immediate term, we're unsure if SOL gets the breakout or not. But, if BTC can drive up to $100k to $104k say, then SOL could potentially see $222. However, we would expect $222 to be a local stopping point, and maybe an entry for a potential Short - but again, we'll reassess around the time.

100% Success Money Back Guarantee

If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Terms & Conditions apply

Star

Trusted by 300,000+ traders

Take your next step towards crypto success

Save 50%

$799/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

What’s included in Pro:

  • Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • Our latest memecoins pick with 50X potential

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp

Frequently Asked Questions

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Recommended from Cryptonary
BTC $100k Target Hit, SFP Confirmed
PRO
Market Direction
BTC $100k Target Hit, SFP ConfirmedUpdate on our Nov 3rd/7th forecast: BTC moved exactly to our $100k-$102k target zone as predicted. W...
13 min read
Nov 10, 2025
Market Direction: At $100k - Your 7-Day Action Plan
PRO
Market Direction
Market Direction: At $100k - Your 7...Markets hit major support zones with BTC at the $100k level. Key altcoins face rejection; reversal o...
11 min read
Nov 7, 2025
Privacy Coins Lead the Way: Bullish Setups and Key Levels to Watch
PRO
Market Direction
Privacy Coins Lead the Way: Bullish...Privacy sector coins show bullish setups and key levels as they outperform during this crypto correc...
9 min read
Nov 4, 2025