Amidst the current bullish crypto rally, Solana (SOL) can be tagged as one of the strongest performers. SOL is gaining serious momentum after months of consolidation and bottoming out to $104.13.Â
Crypto traders and analysts are increasingly bullish, projecting that SOL could surge past $250 in a matter of weeks. If this prediction holds, it would be a significant milestone for the blockchain network.Â
Despite Solana’s promising price action, investor enthusiasm is lacking. Solana whales and investors are diversifying into a new, high-potential project called DeSoc.
Desoc is a newly launched decentralised social integration protocol in its early presale stage. What are investors seeing in Desoc? Let’s get into it.
Why SOL Is Gaining Strength, and The Feasibility Of $250
Since Solana bottomed at $104.13 on the 7th of April, it’s been steadily recovering. Currently, SOL is trading around $200, a strong breakout level that has held firm, helped by the bullish market conditions
According to a technical analysis by CoinTelegraph, Solana is forming a cup‑and‑handle breakout pattern with its neckline around $250.Â
If the significant resistance around $204–$210 is breached, it could trigger upside toward short‑term targets of $300 and, in the long term, over $1,000.Â
From a fundamental standpoint, Solana is experiencing massive developer activity, one of the most active in the space. Also, Solana has seen an increase in institutional inflows, which stems from recent ETF rumours which has increased capital inflows into Solana.Â
On-chain adoption has also increased with NFT volume inflow, gaming dApps, and DeFi usage on the Solana network.
Combining both fundamental and technical factors, SOL could approach the $250–$280 range within weeks.
DeSoc, The New Project Attracting SOL Investors
While Solana continues its bullish run, investors are gradually diversifying their portfolio into a next-generation Web3 decentralised social media integration API, DeSoc.Â
Still in the earliest stage of its token presale, DeSoc has already begun turning heads in both developer and investor communities.
DeSoc is a web3 social media integration that enables the integration of different social media platforms through an API, allowing fast data transfer and content synchronisation across platforms while adhering to the platform’s guidelines.
DeSoc aims to bridge the gap between conventional social platforms (like X, Instagram, and TikTok) and web3. This open API infrastructure allows content, identity, and analytics to move freely between Web2 and Web3 platforms.Â
The reason why many SOL investors are positioning themselves in DeSoc is clear. DeSoc offers a massive early-stage potential, offering a low entry price before launch and a centralised exchange listing.Â
Additionally, the DeSoc presale aligns well with market timing. We are currently in an altcoin season, and with the current bullish momentum in the market, capital will surely flow into promising, low-market-cap tokens.Â
DeSoc’s presale is ongoing, offering early investors a rare open window to accumulate before listings and a huge breakout happens.
Click This Link To Check Out The Desoc Presale
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Source: https://thenewscrypto.com/solana-price-prediction-sol-could-reach-over-250-next-month-as-holders-rush-to-buy-desoc-in-early-stages/