Solana Set for Liftoff? Social Buzz and Ghibli Meme Coin Mania Push Price Toward 96% Rally

Solana (SOL) is once again at the center of the crypto spotlight. With a dramatic spike in positive social sentiment and an explosive wave of Ghibli-themed meme coin frenzy, analysts are now speculating that SOL could rally by as much as 96%. The target? A bold $270. Could this rally be closer than we think? Let’s break it down.

Social Sentiment Soars – All Eyes on Solana A fresh report from on-chain analytics platform Santiment reveals that positive sentiment around Solana has hit an all-time high. The surge is fueled by a combination of factors: institutional confidence (including BlackRock’s interest), Solana’s technological advancements, a strong community, and the support of major influencers—Elon Musk included.

“The combination of technological strength, institutional involvement, community backing, and influencer attention has led to an extraordinary 18:1 ratio of positive to negative commentary,” Santiment reported.

This unusually high ratio shows the market’s overwhelmingly bullish expectations. If this optimism converts into real buying pressure, Solana could be poised to reclaim its previous all-time highs.

Ghibli Meme Coin Frenzy Adds Fuel to the Fire Beyond general optimism surrounding SOL, another catalyst may be driving the hype—Ghibli-inspired meme coins. The trend was sparked by OpenAI’s new image-generation feature for ChatGPT, which even caught the attention of Elon Musk. The standout among them? A meme coin named Ghiblification, which surged by over 2,600% in just 24 hours after launch. According to DexScreener, its market cap quickly shot up to $18 million. That’s not all—Pump.fun, the go-to launchpad for Solana-based meme coins, saw trading volume nearly double over the past three days, per DeFiLlama. This resurgence in meme coin activity on Solana suggests rising speculative demand, which could spill over to benefit SOL itself.

History Repeats? Meme Coins Have Driven Solana Before Earlier this year, meme coin mania surrounding tokens like TRUMP and MELANIA helped drive SOL to one of its highest levels in history. If the current wave maintains its momentum, history might just repeat itself.

$270 in Sight? Analysts Say It’s Possible Currently, Solana is trading at $137, down 5% over the past 24 hours. Still, crypto analyst Ether Wizz remains optimistic. His analysis suggests that if SOL can hold support at $137 and break through the next demand zone at $180, we could see a 96% surge toward the $270 mark.

“This target could be reached within the next two months if market momentum stays strong and sentiment remains bullish,” Ether Wizz stated.

Daily charts show bullish technical signals, and combined with extremely positive trader sentiment, the stage may be set for a parabolic move.

Meme Coins: The Rocket Fuel Behind SOL With meme coin launches booming on Pump.fun and traders rushing back into the market, Solana appears to have solid fundamentals backing another rally. If the Ghibli token hype endures, it could act as the next big spark—just like past meme coin frenzies.

Conclusion: Is Solana Gearing Up for Another Explosion? With an unmatched mix of surging social sentiment, institutional backing, meme coin mania, and bullish technical indicators, Solana looks ready to blast off. The $270 target may be closer than many think—if the current momentum holds steady.

#solana , #blockchain , #sol , #memecoin , #CryptoNewss

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies! Notice: ,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

SOL1.46%
BUZZ5.28%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)