Crypto expert says SOL could 5X to 10X after hitting this price
Solana (SOL), the 6th largest cryptocurrency by market cap, is flashing signs of a major breakout, with analysts calling for explosive upside if key resistance is cleared. As of June 10, SOL is trading at $158.20, up +4.55% in the last 24 hours. The token now boasts a market cap of $83 billion, with nearly $3.9 billion in trading volume in the past day. On-chain crypto expert Ali Martinez sees potential for a massive rally. In a post on X, Martinez wrote: “Solana SOL breaking above $200 could catalyze a major 5X to 10X bull run!” His chart suggests a classic cup-and-handle pattern forming on the long-term SOL chart, a setup that historically precedes powerful bullish moves if confirmed by a breakout. Solana support and resistance At present, SOL faces key resistance at the $200 level. Clearing this level on strong volume would validate the pattern and open the door for significant upside, according to Martinez. Support meanwhile remains strong aro...