Takeaways:
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Solana is mirroring BNB’s 2024–25 rally, eyeing a breakout above $295.
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SOL targets $540 as the upside of its target after a cup-and handle pattern.
Solana (SOLThe chart of BNB appears to follow a similar trajectory.BNBThis could be a sign that it is on its way to breaking out.
SOL may see a 20% increase in price within a week
The weekly SOL charts and BNB charts have been remarkably similar for over a year. highlighted BitBull Thursday, by BitBull
Since early 2024, BNB and Solana both traced almost identical market structures.
Both stocks posted an initial sharp rally. Then, between mid-2024 through early 2025 they went into a multi-month phase of reaccumulation, which was marked by a sideways consolidation, and a series of corrective pullbacks. They then resumed their upward trends.
BNB’s setup was completed in August 2025. It reclaimed the previous high price of $794.30. Within weeks, the breakout gained momentum. BNB extended its rally to a new record peak Above $1,000 on Thursday
Solana appears to have entered the same phase of growth that propelled BNB’s exponential rise. It is aiming for a break-out over its record high, currently around $295, within one month. This would be an increase of about 20% on current levels.
Patterns of investor behaviour tend to be similar across markets. Initial rallies build momentum; consolidations remove weak players and renewed liquidity injections allow the trend to resume.
Ether is a good example.ETHIn the first half 2017, the price of bitcoin soared to 400 dollars, entered a reaccumulation stage lasting six months, and then sprang back to $1400 in January 2018.
Bitcoins’ structure was almost exactly the same.BTCThe earlier cycle of 2013
SOL’s technical pattern suggests a 120% rally
Solana paints a classic continuation bullish pattern, known as A “cup and handle,” It is positioned for potential new highs.
This chart of the weekly SOL/USDT shows you how to read it. “cup” The long-bottoming phase from mid-2021 to late 2021 is followed by the “handle” The consolidation will continue until 2025.
SOL is testing a break out of this neckline around $267 since November 2024.
The next upward leg could be triggered by a decisive close over this neckline. By the end of the year or in early 2026, a projected technical breakout goal is $540. This would represent 12% growth from the current levels.
Related: How to use Grok 4 to predict altcoin pumps early
SOL’s Weekly relative strength index (RSI) Even though the market has been steadily rising, it remains under 70. It is a sign that there are still more opportunities to rise.
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Source: cointelegraph.com
