Solana (SOL) continues to show strength, trading around $186–187 with more than 30% growth this month. BONK, too, has made waves, bouncing nearly 150% from late June lows and holding above key resistance levels. These strong price shifts reflect the growing appeal of fast, utility-driven crypto assets.
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Solana (SOL) Price Outlook: Can It Break $200 Soon?
Solana is showing strong technical indicators as it trades near $186–187. Monthly growth exceeds 30%, with bulls targeting a breakout beyond $200. Price patterns like the inverse head-and-shoulders and ascending triangle point to possible gains toward $223 if key resistance breaks. Targets near $250–260 are also being discussed, supported by ongoing upgrades and rising institutional demand. Solana recently improved its block capacity by 20%, increasing speed and supporting higher volumes.
In the short term, SOL is expected to remain between $175 and $190. However, if the current momentum continues, year-end targets as high as $336 aren’t off the table. Analysts note that factors like DeFi growth, institutional inflows, and asset rotations are all adding support. As long as SOL stays above $180–185, many expect continued strength. Clearing the $200 level could act as a major trigger for further gains.
BONK Market Outlook: Has the Meme Coin Rally Just Begun?
BONK has shifted from a June downturn to strong gains through July. After dipping below $0.0000145, the token has bounced nearly 150%, reclaiming ground above $0.000029. Indicators like RSI (around 61) and a positive MACD crossover suggest upward potential remains. Analysts now focus on resistance around $0.00005, while $0.000015 serves as a near-term floor. BONK’s buyback mechanism, using 58% of fees for repurchasing, adds to market stability and sentiment.
There’s growing strength from ecosystem integration and community-driven burns, along with signs of institutional interest. Still, pressure from rising meme competitors like Little Pepe is pushing BONK to maintain visibility. The current BONK sentiment reflects a more confident stance than earlier months. If broader crypto conditions remain favorable, BONK could keep building from its rebound.
Final Thoughts
Solana has climbed over $185 with technical signals showing it could soon break $200, possibly reaching $250–336 with continued demand. BONK has staged a strong comeback since June, benefiting from fee-based buybacks, increased burning, and Solana ecosystem support. Together, they signal renewed momentum in the market.
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