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 around the $125–$130 zone, which has held firm on multiple tests this year. Some market voices, however, are striking a more cautious tone. Crypto analyst AliferCrypto commented : “I agree with that cup, but measuring the target on log scale seems overreaching. I’d stick to a more conservative/realistic linear target, which would be ~$510.” In either case, SOL bulls appear to be building momentum as the token edges closer to the critical $200 mark. Traders and long-term holders alike will be watching closely in the days and weeks ahead for any confirmation of the breakout. Featured image via Shutterstock The post Crypto expert says SOL could 5X to 10X after hitting this price appeared first on Finbold .

Source: Finbold