The post SOL Could Reach Over $250 Next Month As Holders Rush To Buy Desoc In Early Stages appeared on BitcoinEthereumNews.com.

Amidst the current bullish crypto rally, Solana (SOL) can be tagged as one of the strongest performers. SOL is gaining serious momentum after months of consolidation and bottoming out to $104.13.  Crypto traders and analysts are increasingly bullish, projecting that SOL could surge past $250 in a matter of weeks. If this prediction holds, it would be a significant milestone for the blockchain network.  Despite Solana’s promising price action, investor enthusiasm is lacking. Solana whales and investors are diversifying into a new, high-potential project called DeSoc. Desoc is a newly launched decentralised social integration protocol in its early presale stage. What are investors seeing in Desoc? Let’s get into it. Why SOL Is Gaining Strength, and The Feasibility Of $250 Since Solana bottomed at $104.13 on the 7th of April, it’s been steadily recovering. Currently, SOL is trading around $200, a strong breakout level that has held firm, helped by the bullish market conditions According to a technical analysis by CoinTelegraph, Solana is forming a cup‑and‑handle breakout pattern with its neckline around $250.  If the significant resistance around $204–$210 is breached, it could trigger upside toward short‑term targets of $300 and, in the long term, over $1,000.  From a fundamental standpoint, Solana is experiencing massive developer activity, one of the most active in the space. Also, Solana has seen an increase in institutional inflows, which stems from recent ETF rumours which has increased capital inflows into Solana.  On-chain adoption has also increased with NFT volume inflow, gaming dApps, and DeFi usage on the Solana network. Combining both fundamental and technical factors, SOL could approach the $250–$280 range within weeks. DeSoc, The New Project Attracting SOL Investors While Solana continues its bullish run, investors are gradually diversifying their portfolio into a next-generation Web3 decentralised social media integration API, DeSoc.  Still in…

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Filed under: News - @ July 24, 2025 10:28 am