Saad Ullah
Crypto Twitter is lighting up again with altseason talk, and Solana is positioning itself as the frontrunner for the next big move. The weekly SOL/ETH chart is painting a picture of a potential V-shaped recovery that could flip the script on Ethereum's dominance.
Technical Breakdown
As Broke Doomer pointed out, memecoins absolutely love Solana's dirt-cheap network, and that dynamic might just pull all the retail money and liquidity back into SOL.
- Key levels: SOL bounced hard from 0.039 ETH after months of getting hammered, already smashing through short-term resistance
- Target zone: The projected move points toward 0.085 ETH where the real battle begins
- Pattern: This looks like a textbook bullish reversal that could leave Ethereum in the dust
The weekly chart doesn't lie - if Solana keeps this pace, we're looking at a confirmed trend change that puts serious pressure on ETH and sets SOL up for major relative gains.
Why Solana Could Dominate
The memecoin explosion is bringing serious heat to Solana. Retail traders are going crazy for tokens like BONK and WIF, pumping massive liquidity into the network. Solana's lightning speed and almost-free transactions make it the perfect playground for high-frequency retail action. In crypto, narratives drive everything, and right now Solana is sitting at the center of the memecoin madness that's capturing everyone's attention.
Saad Ullah
