Solana Price Prediction: Bullish Signals Point to a Potential Breakout

Solana (SOL) experienced a strong rally on Friday, climbing nearly 5% despite the overall bearish market trend. While the cryptocurrency has lost over 10% in the past week, analysts are optimistic about Solana’s potential for further growth. Technical indicators suggest that SOL could surge towards its $165 target within the next week, driven by DeFi applications and institutional investment. However, a key factor impacting this price movement is the ongoing rivalry between U.S. President Donald Trump and Tesla CEO Elon Musk.