Can Solana Price Realistically Hit $300 In April as SOL/ETH Reaches New ATH?

Solana Price Eyes $300 as SOL/ETH Hits Highest Weekly CloseSOL/ETH: 1-Week Chart

For Solana to reach $300 by the end of the month, it will have to surge by 129% in the next two weeks. Such a rally is not impossible for SOL given that in mid-January, it rallied by 80% within a week.

Solana Blockchain Outpaces Ethereum Solana DEX VolumesSolana Technical Analysis SOL/USDT: 4-Hour ChartFrequently Asked Questions (FAQs)

Solana price can reach $300 as the altcoin outperforms Bitcoin and Ethereum. Rising blockchain activity and buying pressure will also fuel this rally.

The SOL/ETH ratio is rising and recently recorded its highest weekly close. This rise comes after Solana outperformed Ethereum with over 20% gains in the last seven days.

The four-hour Solana price chart highlights $180 as the most crucial resistance level. If SOL closes above this level, it could spark a strong upswing.

Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience dissecting blockchain trends, price movements, and market dynamics. With a sharp eye for technical analysis and an in-depth understanding of on-chain metrics, she delivers insightful, data-driven content that helps investors navigate the fast-paced world of digital assets.