Solana Sentiment Hits Record High, Bullish Rally Ahead?
The post Solana Sentiment Hits Record High, Bullish Rally Ahead? appeared first on Coinpedia Fintech News
Despite ongoing market uncertainty, SOL, the native token of the Solana blockchain, is garnering significant attention from crypto enthusiasts on social media. Today, March 27, 2025, blockchain-based analytics firm Santiment revealed that Solana sentiment has surged to a historic positive level on social media.
Solana Sentiment Surge to Record High
The post further revealed that there are over 18 positive SOL comments for every 1 negative comment across social media, indicating an astonishing level of bullish sentiment. This surge in positivity may attract more investors.
Meanwhile, the shift in sentiment comes as institutions like GameStop and BlackRock integrate Bitcoin and launch a yield-bearing tokenized treasury fund on Solana, the worlds fifth-largest cryptocurrency by market cap.
Following this development, many posts on social media reflect optimism for market recovery, with a bullish outlook on the broader cryptocurrency market.
Overall, the combination of technological advantages, institutional interest, community support, and influencer engagement are contributing to a nearly unheard of positive vs. negative commentary ratio of 18:1 right now.
Current Price Momentum
At press time, SOL is trading near $140, having registered a 0.75% price drop in the past 24 hours. However, during the same period, the assets trading volume jumped by 5%, indicating increased trader and investor participation following these developments.
Solana (SOL) Price Analysis and Upcoming Levels
According to expert technical analysis, SOL is in an uptrend, moving within an ascending channel pattern. Currently, the price is at the lower level of this pattern, suggesting a potential recovery.
Based on recent price momentum, if the asset holds above the $132 level, there is a strong possibility it could surge by 10% to reach $151 in the coming days. Meanwhile, if bullish sentiment continues and the price holds above $150, SOL could further rally by 25% to reach $186 in the coming days.
Read more: https://coinpedia.org/price-analysis/solana-sentiment-hits-record-high-bullish-rally-ahead/
Text source: Coinpedia – Fintech & Cryptocurreny News Media| Cr
