Read on as we dive deeper into why big-money players are backing Solana, the next potential Solana price target, and how you could capitalize by buying Snorter Token ($SNORT) – a Solana-based altcoin in presale.
Upexi is the world’s third-largest publicly traded Solana treasury company, holding 2,018,419 SOL valued at $474.29M.
In fact, over the past year, there has been a noticeable institutional shift toward Solana as a treasury asset, with companies like Forward Industries (6,822,000 SOL) and DeFi Development Corp. (2,027,817 SOL) stepping on the gas.
The token is currently consolidating inside a rising wedge, near the upper end of the band.
Although $SOL did give a breakout on September 10, it was met with strong resistance at $250, which pushed the token back toward the lower band of the ascending wedge.
Now, however, $SOL is on the verge of a fresh breakout – one that could quickly propel it to the magic $300 mark.
Even better? Zoom out to the weekly chart, and you’ll see that $SOL has been consolidating between $250 and $102 since March 2024.
After having already made three failed attempts to break the upper threshold at $250, Solana is now preparing for a fourth attempt.
As you might already know, the more a resistance is tested, the weaker it becomes, meaning there’s a strong chance $SOL finally delivers a decisive break.
All in all, even on the conservative side, a breakout past $250 could realistically see $SOL hit $500 in the next few months.
Historically, when Solana does well, it pulls the broader altcoin market along with it.
That’s because it’s a major Layer-1 blockchain and home to a thriving ecosystem of dApps, DeFi protocols, NFT platforms, and meme coin launchpads.
With Solana poised for explosive gains, now’s the perfect time to add the best Solana meme coins to your portfolio.
Our #1 recommendation? Snorter Token ($SNORT) – the firepower behind the upcoming Snorter Telegram bot, a one-stop destination for retail meme coin traders.
Snorter Bot is specifically designed to simplify the execution side of meme coin trading for small retail players.
Typically, it’s the large whales that scoop up all the liquidity in new and trending meme coins, since they use advanced trading algorithms and sophisticated tools.
Without these, it’s extremely difficult for small traders to take advantage of market opportunities.
Plus, using it is as simple as chatting with a friend – just type in your orders like you’re sending a message. Next, as soon as liquidity appears in a token, the bot executes the trade at lightning speed, putting you on par with institutional traders.
Even better, you can also copy the trades of profitable blockchain traders, so Snorter Bot helps you learn more about the markets while building a strategy of your own.
Snorter Bot uses MEV-resistant layers to protect you from scams like honeypots, rug pulls, and sandwich attacks.
Essentially, it sends your transactions privately and directly to validators, preventing frontrunning. The system also monitors price changes in real time and can modify or cancel orders if it detects someone trying to sandwich your trade.
On top of that, your transactions are batched together with others, making it nearly impossible for attackers to profit at your expense.
So, when you use the Snorter bot to buy or sell your favorite crypto assets, the chances of falling prey to on-chain dangers decrease drastically, giving you a much more secure trading experience.
Currently in presale, Snorter Token has already raised over $4.2M from early investors – a clear sign that the project has strong whale backing.
The best part? 1 $SNORT is available for just $0.1067, and according to our $SNORT price prediction, the token could reach $1.07 by the end of 2025, delivering a brain-melting 900% gain.
What’s more, holding $SNORT takes your experience to a whole new level:
Interested? Here’s our step-by-step guide on how to buy Snorter Token.
$SNORT’s presale ends in just 18 days – grab your tokens today!
