Solana Price Prediction: ETF Greenlight And Cup-And-Handle Pattern Target $550 Upside

• Solana price holds $224–$230 support while testing $246–$252 resistance as buyers eye $265 next.
• ETF approval boosts institutional narrative, with derivatives data showing $16.5B open interest and rising longs.
• Monthly chart confirms cup-and-handle breakout setup, projecting a long-term target near $550.

Solana price today is trading near $244, consolidating after briefly testing the $246 resistance ceiling. Buyers continue to defend the $224–$230 support zone, which aligns with the 20-day EMA cluster. The key battle now is whether SOL can extend toward $252–$265 or if sellers will force a retest of lower trendline supports.

Solana Price Holds Rising Channel Support

The daily chart shows SOL trending within a rising channel, with support consistently defended since April. Price is currently pressing again…

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