Derived from CoinRepublic, a top trader known as CryptoFaibik has highlighted a potential 25% recovery rally for Solana (SOL), which could push the price to retest the $177 to $180 level. The trader identified a key trendline on the 2-hour chart and noted that the recent bounce from the low-$130s shows growing buyer confidence. Solana’s fundamentals remain strong, with the network leading in daily DApp revenue and DEX volumes among L1 and L2 networks. On November 25, investors added $53.1 million in spot Solana ETFs, with major inflows from Farside Bitwise, Grayscale, Fidelity, and VanEck. The total inflow into Solana ETFs has now reached $621 million. Market watchers are also watching Franklin Templeton, which could launch its spot Solana ETF after filing the S-8 form with the U.S. SEC.
Top Trader Predicts 25% Solana Price Recovery to $177–$180
The Coin RepublicShare
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