Solana (SOL) has mounted an impressive recovery, rebounding from a low of $96 to trade around $150,79–an over 7% gain over the past week. With technical indicators turning increasingly bullish and broader market sentiment improving, analysts are now forecasting a potential surge toward $290 over this year.

Steady Rebound Reinforces Bullish Outlook

After dipping to $96, SOL has steadily regained momentum, supported by strong buying near key support levels. Over the last 24 hours, the token added another 2,57%, signaling price stability above critical zones. This sustained strength suggests that SOL is building the foundation for a larger breakout as it consolidates gains from its recovery phase.

Analysts are closely watching this structure, noting that maintaining stability above support significantly increases the probability of a fresh upside leg.

Technical Setup Points to Strong Upside Potential

According to Rose Premium Signal, Solana has formed a notable reversal pattern at key support, hinting at a potential bullish breakout. The ongoing recovery across major assets like Bitcoin and Ethereum further strengthens this case, adding momentum to the entire crypto sector.

Price targets for SOL are now set at $196,22, $238,80, and $290,16–levels that represent substantial upside from current prices. Hitting the highest target would deliver a potential 90% gain, making Solana a high-reward candidate for investors seeking exposure to strong-performing altcoins.

With the broader crypto market recovering and technical conditions aligning, Solana is emerging as one of the standout assets to watch. If SOL maintains its bullish trajectory and breaks through resistance levels, the path toward $290 could unfold in 2025–offering significant growth potential for long-term holders.