In a surprising tuen of events, Ali Martinez has expressed his extra super bullish prediction for Solana, subjected it continues its bullish momentum.
In his latest X post, Martinez says that Solana ($SOL) breaking above $200 could catalyze a major 5X to 10X bull run.
The prediction comes at a time when Solana is trading at $161.02, up 3.03% as compared to the same time last day.
Solana’s Breakout Depends on Investor FOMO
Martinez’s projection is based on historical fractals and Solana’s price behavior in prior market cycles.
Martinez highlights that the $200 level has acted as a psychological and technical barrier. A sustained breakout above it would likely ignite FOMO (fear of missing out) and large capital inflows from institutional and retail investors alike.
Moreover, Solana’s growing presence in DeFi, NFTs, and its expanding ecosystem—alongside increasing network activity—supports this bullish thesis.
The combination of strong fundamentals and positive technical momentum could mirror past rallies where SOL surged several multiples in a short time.
If the broader crypto market remains bullish and Solana clears $200 with volume, Martinez believes a rapid ascent toward $1,000–$2,000 isn’t out of reach.
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Solana Current Technical Indicators
At the present moment, $SOL’s RSI is in the middle of the range (around 55), indicating that the market is neither overbought nor oversold.
In certain timeframes, modest bearish momentum is indicated by slightly negative MACD readings.
The token’s long-term moving averages still trail above price, while shorter-term (5 to 50 day) MAs are primarily above current price, indicating a bearish or consolidating trend.
Some oscillators (Williams %R, CCI, and stochastics) are neutral, while others are a little pessimistic.
Although there are no clear trend indicators, technical indicators show that there is a neutral to slightly bearish tone for Solana in the near future.
Is Martinez’s Prediction Far-Fetched?
Martinez’s prediction has put many investors in a confusing spot. If his outlook was to come true, the market cap for $SOL would be $400B to $800B, which does not seem to be happening anytime soon.
Additionally, the number would be way higher than ETH’s market cap, making many wonder if the prediction is even possible.
Commenting on Martinez’s post, AliferCrypto says, “I agree with that cup, but measuring the target on log scale seems overreaching. I’d stick to a more conservative/realistic linear target, which would be ~$510.”
$SOL Price Rise: What is the Market Expecting?
At present, the general market anticipates that by July 10, 2025, the price of Solana will have increased by 5.45%.
During the past 30 days, Solana has had 14 out of 30 (47%) green days and 5.93% price volatility.
Data also indicates that the overall sentiment for Solana price prediction is positive, with 22 technical analysis indicators indicating bullish signs and 7 indicating bearish indications.
Also Read: SEC Signals That ETFs Linked to Ethereum and Solana May Not Qualify as Investment Companies