Solana Price Prediction Eyes $150 Target Amid Network Expansion

Investors are eyeing Solana (SOL) as the token price nears key support at $103.69, according to analyst Ali Martinez's latest prediction.

The SOL price has dropped by 8.31% since August 26, falling from $110.50 to $100.40. However, wallets holding at least 10,000 SOL rose by 1.58%, indicating growing whale accumulation.

One large holder recently exited a yearlong position with a $2.2 million loss, but the Solana network continues to expand, averaging 9.5 million new addresses daily over the past week.

U.S. spot SOL ETFs have recorded seven consecutive weeks of net inflows, attracting more than 1.2 million SOL and approximately $120 million in the latest week.