Crypto News: Solana Price Surge Fueled by 71.87% Longs, Will SOL Hit $150?

Solana is back in the spotlight after a powerful rebound that has pushed its value up 20% in just one week. The Solana price surge follows a turnaround from a monthly low of $96, climbing to nearly $134. 

Solana’s blockchain network is known for its speed and low transaction fees. Its traits are now fueling renewed trader interest. As bullish sentiment returns and indicators flash green, investors are asking, will Solana reach $150?

Solana Rockets Past $130—What’s Fueling the Rise?

After a rough start to April, SOL price action has reversed sharply. The recent rebound from $96 to $134 was backed by increasing volume. This recovery has pushed Solana above its crucial resistance zone near $130. Technical indicators suggest the rally may have more room to run if this level holds.

A widely followed crypto analyst noted that Solana has successfully bounced from weekly support, adding, “So far so good.” This bounce could mark a shift away from the recent downtrend. 

Chart Signals Show SOL Gaining Real Strength

As of April 18, the SOL price sits at $133.98. The intraday movements stay within a narrow band between $133.26 and $136.02. Despite slight fluctuations, the overall trend remains positive. The $130–$140 range is now acting as a zone of consolidation, setting the stage for a breakout. Traders are increasingly focused on whether SOL can hold this range and form a higher low.

Chart 1 – SOL/USDT Live Price, published on TradingView, April 18, 2025.

The daily trading chart reflects consistent buying activity, with the RSI holding at a neutral-bullish 55.18. The MACD is showing a fresh bullish crossover. With trading volume hitting over 748K, investor interest appears robust. Market optimism has been further fueled by 71.87% of traders on Binance going long on SOL. It is a figure that underscores the building bullish trend.

Adding fuel to the rally is the revival of meme coin activity across altcoin markets, particularly on Solana’s fast, cost-efficient chain. Increased speculative trading has historically been a tailwind for SOL. These external market dynamics, combined with technical strength, are further reinforcing the bullish trend across the ecosystem.

Next Stop $150? Solana Sets the Stage

The Solana price surge is more than just a bounce. It is a potential turning point in the asset’s short-term outlook. Holding above $130 is critical, as this level has now flipped from resistance into a support base. If SOL maintains this zone, the next resistance lies around $145–$150.

Chart 2 – SOL weekly growing momentum, published on TradingView, April 18, 2025.

From a macro perspective, the recovery is supported by increasing adoption and renewed developer interest in Solana’s ecosystem. As on-chain activity grows, the SOL price could continue to reflect broader bullish sentiment. Analysts say the current rally could be the beginning of a sustained uptrend. It will happen only if the market conditions remain favorable.

Looking ahead, will Solana reach $150? That depends on how it navigates the $130–$140 range in the coming weeks. For now, the technical indicators and growing volume give traders reason to remain optimistic. If the momentum continues, Solana price surge could enter its next phase.

Bottom Line: Will Solana Hit $150?

With its impressive recovery, Solana price surge has shifted market sentiment back to the bulls. Holding steady above $130 and supported by positive technicals, Solana is well-positioned for its next move. Whether the question Will Solana reach $150? gets answered in the coming weeks. The path forward remains bright for SOL and for its holders in this ongoing bullish trend.