The Solana community is buzzing with discussions about a potential price target of $260 for SOL, fueled by technical analyst Ali’s predictions on October 16, 2025. His analysis suggests the cryptocurrency may retest this level based on historical chart patterns. The discussion exemplifies typical market speculation and highlights the influence of retail and analyst predictions over official statements or fundamental metrics. .
Ali believes $250–$260 represents a significant resistance zone. If SOL successfully breaks through, prices could soar higher; however, failure to sustain this level might trigger a pullback to the historically supportive area between $165 and $170.
Currently trading at around $193, Solana’s price has previously reached near $260 with strong institutional interest driving it.
The $260 target is largely driven by community speculation rather than official leadership or financial announcements. No direct links to regulatory or financial updates have been found in relation to this speculative level.
Historical patterns suggest Solana is prone to price corrections followed by robust growth, making the $165-$170 range a crucial support and resistance zone.
The community’s speculation continues to drive trading sentiment. While market volatility remains, broader industry trends from Bitcoin and Ethereum markets could also impact SOL’s near-term trajectory.