$SOL could be on the verge of exceeding $255, according to technical analyst Mary Emerald.
Suppose that happens, not only would it mean $SOL has more than doubled in price, but it’d likely boost user activity across the entire Solana ecosystem.
One standout project poised to benefit is Snorter Token (SNORT) – the linchpin of a cutting-edge Telegram trading bot set to launch on Solana this quarter.
$SOL to 2x If It Stays Above the $161 Mark
In a recent community post on CoinMarketCap, Emerald pointed to a bullish signal – Golden Cross. It suggests that if $SOL’s price stays above $161, the altcoin has what it takes to possibly rise to $255.93.
Considering that $SOL is currently valued at $171, this would mark over a 50% gain compared to its current price.
And she’s not the only crypto analyst who has high hopes for $SOL’s future trajectory.
In a recent tweet, Ali Martinez indicated that if $SOL breaks above $177–$189, it would signal a trend reversal and create room for further price appreciation.
As long as these key levels hold, Solana’s market outlook is primed to stay bullish.
$243M Flowed Into Solana Just This Week
On-chain activity and ecosystem growth also reinforce $SOL’s position in the industry.
This past week, over $243M has been bridged to Solana from other blockchains. The majority came from Ethereum ($121M), followed by Base (54.6M) and Arbitrum ($39.7M).
As more users move capital from other major chains to take advantage of Solana’s DeFi and infrastructure offerings (like fast speeds and low fees), it highlights rising confidence in the blockchain network.
Derivatives data further supports Solana’s bullish trend. In the past 24 hours, $SOL’s trading volume has spiked 7.36% to $18.43B, and open interest rose to $9.43B.
During the same period, long/short ratios on Binance and OKX show over twice as many long positions compared to shorts, while liquidations topped $5M.
Together, these metrics signal strong trader confidence in $SOL’s continued price growth and Solana’s role as a leading blockchain for cross-chain activity and DeFi.
As capital continues flowing into the network and user activity spikes, conditions are ideal for $SNORT’s upcoming Telegram trading bot launch.
Snorter Bot Promises the Lowest Bot Fees on Solana
Snorter Bot is set to initially launch on Solana this quarter, before expanding to Ethereum, BNB Chain, Polygon, and Base.
But as part of its ploy to outpace other bots (like Maestro and Trojan) from the get-go, it promises the lowest fees (0.85%) and fastest execution on Solana.
As soon as it launches, it’ll also grant you access to its cutting-edge features, like copy trading, automated sniping, and limit orders.
Security is another top priority. The bot is being built with MEV protection, plus scam detection tools like honeypot and rug pull filters, to prevent you from falling victim to common crypto traps.
For the full Snorter experience, you’ll want to scoop up some $SNORT. Its presale has already raised over $2.8M, partly owing to the token removing sniping limits and granting voting rights in the project’s upcoming DAO – not to mention the 152% staking rewards.
Buy $SNORT Now for Possible 218%+ Returns
Solana is heating up fast, and crypto analysts, charts, and on-chain data proves it.
For Snorter Bot, deciding to first launch on Solana might have been one of its most strategic choices yet. The network’s fast speeds, low fees, and thriving user base all point to it being the perfect place to get started.
With $SNORT powering it all, there’s no better time to buy the token on presale for $0.1005 – especially when considering that it’s anticipated to reach $0.32 following the bot’s mainnet launch.
Plus, this means that if you join now, you’ll open yourself up to possible gains exceeding 218%.
This isn’t financial advice. Always do your own research and never invest more than you’re willing to lose.
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
