Solana (SOL), a cryptocurrency that has seen significant growth over the past five years, has experienced volatile price action since the start of 2025. The Solana blockchain has attracted inflows from stablecoins and meme coins, including the launch of the Official Trump (TRUMP) meme coin by the US President. However, the price of SOL has receded since reaching a peak on January 19. Despite this, a technical analyst believes that a rebound is likely, with the possibility of a significant surge to $380. The analyst cites bullish chart patterns and a high level of demand as supporting factors for this prediction.



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