Key Points:

Solana is mimicking BNB's market trend for 2024-2025, aiming to break above $295.

The cup and handle pattern sets an upward target of nearly $540 for SOL.

SOL appears to be following a nearly identical chart trajectory as BNB, indicating it may soon experience its own breakthrough growth.

BitBull noted on Thursday that the side-by-side comparison of SOL and BNB's weekly charts shows an astonishingly similar trend over the past year.

Since the beginning of 2024, BNB and Solana have formed almost identical market structures.

Both experienced an initial rapid surge, followed by several months of re-accumulation between mid-2024 and early 2025, characterized by horizontal consolidation and pullback adjustments, before resuming an upward trend.

For BNB, this pattern matured in August 2025, when it returned to its historical high of $794.30. The breakout quickly gained momentum, and within weeks, BNB continued its upward trend, breaking $1000 on Thursday, setting a new all-time high.

SOL currently seems to be entering a breakout phase similar to BNB's parabolic rise, expected to surpass its current historical high of about $295 within a month, representing an approximate 20% increase from current levels.

Industry analysts point out that this pattern highlights how investor behavior exhibits similar patterns across different markets: early surges attract momentum, consolidation phases eliminate weak holders, and new liquidity injections help restore upward trends.

For example, Ethereum (ETH) surged from about $10 to around $400 in the first half of 2017, then entered a six-month re-accumulation phase before breaking out again, reaching about $1400 in January 2018.

This structure is almost identical to Bitcoin's (BTC) early cycle in 2013.

SOL is forming a classic bullish continuation pattern known as the "cup and handle," which lays the groundwork for its potential breakout to new highs.

The SOL/USDT weekly chart shows that the "cup" portion formed during a long bottoming process from late 2021 to mid-2023, followed by the "handle" consolidation phase extending into 2025.

This structure has formed a neckline resistance around $267, and since November 2024, SOL has been testing to break this key resistance level.

Analysts note that if a decisive breakout of this neckline occurs, it could trigger the next wave of upward momentum, with a technical breakout target expected to exceed $540 by the end of the year or early 2026, soaring 120% from current price levels.

Despite SOL's steady price increase, its weekly Relative Strength Index (RSI) remains below the overbought threshold of 70, further indicating that this cryptocurrency still has more room to rise.

Related: Why Solana (SOL) may be targeting $300 next?

This article is for general reference only and should not be considered legal or investment advice.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。