Is SOL next? Solana is copying BNB's price climb to new record highs

Yashu Gola 2 minutes ago Is SOL next? Solana is copying BNB's price climb to new record highs Solana's price could jump 20% within weeks, mirroring BNB’s breakout pattern, which led to fresh record highs above $1,000. Listen 0:00 23 Altcoin Watch COINTELEGRAPH IN YOUR SOCIAL FEED Key takeaways : Solana is mirroring BNB’s 2024–25 rally, eyeing a breakout above $295. A cup-and-handle pattern sets SOL’s upside target near $540. Solana ( SOL ) appears to be following a nearly identical trajectory to BNB ( BNB ) on the charts, suggesting it may be on the verge of its own breakout. SOL price may rise 20% within weeks A side-by-side comparison of SOL and BNB weekly charts shows striking similarities for over a year, as highlighted by BitBull on Thursday. BNB/USDT and SOL/USDT weekly price chart comparison. Source: TradingView/BitBull Both BNB and Solana have traced nearly identical market structures since early 2024. Each posted a sharp first-leg rally, followed by a multimonth reaccumulation phase between mid-2024 and early 2025, characterized by sideways consolidation and corrective pullbacks, before resuming their uptrends. For BNB, this setup matured in August 2025, when it reclaimed its previous all-time high of $794.30. The breakout quickly gathered momentum, and within weeks, BNB extended its rally to a new record peak above $1,000 today. BNB/USDT weekly price chart. Source: TradingView Solana now appears to be entering the same breakout phase that fueled BNB’s parabolic rise, eyeing a breakout over its current record high at around $295 within a month, up about 20% from current levels. BNB/USD weekly price chart. Source: TradingView The pattern underscores how investor behavior tends to rhyme across markets: early rallies draw in momentum, consolidations shake out weak hands, and renewed liquidity inflows help the uptrend resume. For instance, Ether ( ETH ) surged from ~$10 to ~$400 in the first half of 2017, entered a 6-month reaccumulation phase, then broke out again to hit approximately $1,400 by January 2018. ETH/USD weekly price chart. Source: TradingView The structure looked almost identical to Bitcoin’s ( BTC ) earlier 2013 cycle. BTC/USD weekly price chart. Source: TradingView SOL technical pattern hints at 120% rally Solana is painting a classic bullish continuation pattern known as a “cup and handle,” positioning it for a potential breakout to new highs. The weekly SOL/USDT chart shows the “cup” phase forming during the long bottoming process from late 2021 to mid-2023, followed by the “handle” consolidation stretching into 2025. This structure has created a neckline resistance around $267, which SOL has been testing for a breakout since November 2024. SOL/USD weekly price chart. Source: TradingView A decisive close above this neckline could trigger the next leg higher, with a technical breakout target projected over $540, up 120% from current price levels, by the year’s end or early 2026. Related: How to use Grok 4 to predict altcoin pumps early SOL’s weekly relative strength index (RSI) remains below the overbought threshold of 70 despite steady gains, further hinting that there’s more room to climb. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. # Altcoin # Markets # Price Analysis # Binance Coin # Market Analysis # Altcoin Watch # Solana Add reaction