Solana Price Prediction: SOL Reclaims $200 as Market Eyes a Move Towards $220 to $270
The post Solana Price Prediction: SOL Reclaims $200 as Market Eyes a Move Towards $220 to $270 appeared on BitcoinEthereumNews.com.
Solana has reclaimed the spotlight, breaking above $200 and overtaking BNB in market cap, as price eyes a potential move toward new all-time highs. Solana, after taking out BNB in market cap and clearing the $200 mark, is now setting the tone for the broader altcoin market. This isn’t just another price spike; it’s a move backed by strong technicals and a surge in on-chain activity. Solana Overtakes BNB in Market Cap In a major development that’s likely to ripple through the broader altcoin market, Solana has officially surpassed Binance Coin (BNB) in total market capitalization. According to the latest snapshot from SolanaFloor, SOL now holds a market cap of $107.58 billion, just ahead of BNB’s $106.24 billion. Solana surpasses BNB in market cap, signaling growing dominance among Layer-1 blockchains. Source: SolanaFloor via X This milestone also reflects how Solana has quietly become one of the most active and widely adopted Layer-1 networks in the space. As capital continues to shift toward chains that combine speed with scalability, this market cap move may be less about hype, and more about fundamentals catching up. Solana Price Structure Eyes Retest of All-Time Highs Following its reclaim of the 5th market cap position, Solana is now turning heads again with a price structure that looks increasingly primed for a retest of its all-time highs. The long-term chart shared by Inmortal shows SOL grinding upward, forming a broad ascending base that mirrors the type of accumulation phase often seen before major expansions. Solana forms broad ascending base as price structure targets potential retest of 2021 all-time highs. Source: Inmortal via X What stands out here is the symmetry between the 2021 run and the current buildup. However, this time the foundation seems stronger, both in terms of market structure and network usage. From a…
Filed under: News - @ July 23, 2025 12:27 pm