🚀 Solana’s $250 Dream: Bulls, Bears, and a Dash of Cowardly Wit! 🎭

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Darling, Gather ‘Round for the Solana Saga! 🌟

SOL, my dear, might waltz to $215 and then $250, declares the ever-so-clever MEXC analyst. But oh, the September chill and dwindling network activity-will they spoil the party? 🍸

In the sultry month of August, Solana [SOL] sashayed to a 16% gain, bringing its Q3 performance to a rather respectable 30%. Bravo! 👏

Despite September’s historical penchant for drama, Shawn Young, the darling analyst from MEXC, predicts a 7% encore, tipping his hat at $215. How utterly bold! 🎩

In a statement as polished as a Coward quip, Young told AMBCrypto that the Alpenglow upgrade (100x speed, darling!) and the tantalizing ETF inflows, coupled with a $1.7B crypto treasury demand, could set the stage for a recovery. 🌠

“The alignment of technical innovation, structural accumulation, and ETF-related inflows raises the stakes for SOL, setting the stage for an inflection point in adoption and price discovery.”

Young, ever the optimist, added with a wink:

“These (catalysts) could see SOL price rise as high $215 before the end of September and $250 before the end of Q4, provided macro headwinds don’t return to the market.”

Some, of course, whisper of $300 by year’s end. But darling, will the network’s dwindling activity throw a spanner in the works? 🛠️

Solana’s Network: A 90% Decline? Oh, the Horror! 😱

Despite the mid-term fanfare, the naysayers cluck that network activity has plummeted by 90%. Traders, once a bustling 30 million in Q4 2024, have dwindled to a mere 3 million by September 2025. Slow DEX traction? How dreadfully unchic! 🦆

Analyst Ted Pillows, ever the pragmatist, notes that the liquidity cluster at $160-$180 might be tested before SOL prances to a new ATH by Q4. 🧐

“I think $SOL could sweep the downside liquidity in September before a new ATH in Q4.”

The largest lower liquidity cluster, darling, is nestled around $170-$175-a key zone should the market decide to pull a dramatic retreat. 🕵️‍♂️

Curiously, the charts seem to agree. SOL has faced rejections at the upper limit of the ascending triangle (yellow, how très chic!) and the Bollinger Bands. If history repeats, $215-$220 could become the next supply zone. 📉

The mid and lower range limits of the Bollinger Bands, my dear, have been key supports in the past. Currently, they align with the $175-$180 level (white, how classic!), making it a support to watch should the correction extend. 🛡️

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2025-09-02 18:06