Solana Price Eyes New ATH as SOL/ETH Ratio Hits Record High — Is $300 Within Reach?

The SOL/ETH ratio had recently recorded its highest-ever weekly close, highlighting Solana’s strengthening against Ethereum. With prices currently at $131, Solana gained 21% in just seven days compared to Ethereum’s 5% during the same period. This bullish scenario could allow Solana to rally to the $300 mark by the end of April, an implausible 129% increase, as predicted by analysts. Nonetheless, vigorous blockchain activity supported by technical indicators suggests that Solana is solidifying its place as a vibrant Layer 1 blockchain.

Solana Price Targets $300 as SOL/ETH Ratio Hits Record High

With the surge in terrific momentum over the price and technical strength, Solana continues to be in the news every hour. The SOL/ETH ratio recently made its highs with the best weekly close, thus confirming Solana’s growing resistance to Ethereum. Solana trades at $131 and has appreciated 21% in the last week, strongly outperforming Ethereum, which edged up a modest 5% during the same time. Such forward speculation looks for Solana price momentum toward $300 by the end of April, thus printing a new all-time high Solana ATH. 

To add to its reliability, Solana has even beaten Bitcoin while tackling the resistance from a descending trendline of the SOL/BTC pair. While achieving the target of $300 would require SOL to spike by 129% in the next two weeks, analysts quickly point to the history of fast rallies as validation. With dependable technical signals and rising investor interest, Solana seems likely to extend its upward momentum and solidify its grip among the top cryptocurrencies.

Solana Price Prediction of April 15, 2025

The market shows consolidation as trading ranges between $127.50 base support and resistance at $136.50. During its recent trading session, Solana Price maintained a strong position within this established price channel, which operates just under the short-term resistance level. Market action demonstrates conservative bullishness, which emerged after the price recovered from the bottom of its support area. Solana presents trading value at $132.19 with positive +0.14% upward momentum since its intraday peak of $132.20. 

Chart 1, analysed by Anushri Varshney, published on TradingView, April 15, 2025

The Relative Strength Index surpassed the overbought zone at around 70, indicating when market buyers became exhausted during a short-term period. Northerly trends dominated the price action after it reached 30 oversold levels before returning to the midline, which marked 47.70. External market speculation regarding Solana reaching its $300 all-time high has created short-term market indecision, which caused two signals of both overbought and oversold conditions. Multiple golden crosses at 11:05 and 16:30 UTC together with RSI reaching oversold levels produced temporary market gains that reached the $132 price level.

The death cross formations, which existed during 03:05 and 02:00 UTC on April 15, serve as signs that resistance pressure is building up specifically in the upper consolidation region. Solana continues exceeding Ethereum in weekly market growth by 21% to 5%, which has traders expecting Solana to surpass Ethereum in market capitalization if this SOL/ETH Ratio continues. 

Solana Price Outlook

Most recent evaluations indicate a good future for the price of Solana, bolstered with an all-time high SOL/ETH ratio alongside reliable technical indicators. While it is predicted that Solana in the very short term may touch resistance levels between $160 and $180 in April 2025, forecasts run long-term even more optimistically. Many experts are predicting Solana to set new all-time highs solana ATH, price targets reaching as high as $220, even $1,000, by the end of 2025, as propelled by new ETF approvals, subsequent technological improvements, and further consumption of blockchain. Preserving the support between around $122 and $134 would be crucial if this uptrend momentum were to persist. 

The post Solana Price Eyes New ATH as SOL/ETH Ratio Hits Record High — Is $300 Within Reach? appeared first on Coinfomania.