The post Solana Price Prediction: SOL Targets $212 as Strong Technical Setups and Global Liquidity Aligns appeared on BitcoinEthereumNews.com.

SOL Solana Price eyes $212 after bullish pennant breakout, with global liquidity and technical setups fueling momentum. Solana’s strength is quietly building, with steady weekly trends, strong chart setups, and solid on-chains. The focus is now on the $212 level, and with global liquidity lending a hand, the Solana price prediction is shaping up to be one of the more interesting discussions within the Solana community Solana and Global Liquidity: A Telling Correlation After a major rally of almost 25% by Solana in April is gaining attention. A new chart shared by CryptoCurb is turning heads, showing a clear correlation between Solana’s price action and global liquidity trends. The data, pulled from GMI’s Total Liquidity Index with a 12-week lead, reveals how closely SOL Solana price has historically followed moves in broader liquidity cycles. Solana’s price tracks closely with global liquidity cycles, highlighting a key macro correlation. Source: CryptoCurb via X While this doesn’t guarantee a rally, the timing is notable. Solana has already been showing strong relative strength among Layer 1s, and this liquidity tailwind could give bulls another reason to lean in. As always, it’s worth keeping an eye on broader macro trends because when liquidity flows, assets like SOL often respond quickly. Solana Charts a Path Toward $212 After Bullish Pennant Break With global liquidity turning upward, Solana may be entering a phase where strong technical setups start to matter again, and one is already taking shape. Analyst MartyParty highlights a clear bullish pennant breakout on the daily chart, with a projected target near $212. This kind of formation, typically seen as a continuation pattern, suggests that the upward trend is ready to resume after a healthy consolidation phase. Solana breaks out of a bullish pennant, eyeing a $212 target as momentum builds. Source: MartyParty via X…

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Filed under: News - @ May 11, 2025 5:25 pm