Solana Bulls Eye $500 as Bears Warn of $80 Crash

Solana (SOL) is trading just below $100 after a nearly 33% monthly gain, with analysts split between a major breakout and a sharp correction.

Bullish analysts point to improving momentum, whale purchases, and spot ETF demand, with some forecasts reaching $500 or even $1,000. Ash Crypto calls Solana 'one of the most bullish setups in crypto right now' due to its first green monthly candle in 10 months and improving momentum indicators.

The bearish case remains significant, with The Black Bull describing SOL as 'a $500 token trading at $100', while Gerla sees $500 as the next major target. Haris expects a drop toward $80, saying his trades carried more than $180,000 in unrealized losses but he's keeping them open.