Among the various altcoins available in the market, the Solana price is doing relatively well, seeing petite price increases here and there. Based on the crypto analyst’s predictions, Solana could be preparing for a major bull flag that could push its price to novel all-time highs above $1,000. It should be noted that Solana is currently trading for less than one-ninth of that amount projected price target of $1,400.

The SOL Bull Flag indicates a price enhance of $1,400

Cryptocurrency analyst on X (formerly Twitter) identified as “Titan of Crypto”. common bullish forecast for Solana, predicting its growth to astronomical highs. The analyst predicted that Solana’s price could soon rise to $1,400.

In Comprehensive Graph Analysis Solana price movements from 2023 to the present, the analyst has identified a well-defined bull flag patternwhich he described as “massive”. According to Titan of Crypto, the formation of this bull flag signals the potential for a immense rally in the coming weeks and months.

In Solana price chartthe analyst traced a unique flag pattern that began to form before October 2024. He extended this pattern to 2025, emphasizing that the flag would likely appear in tardy 2024 or early next year, after which it would continue until October 2025.

If SOL can successfully complete this pattern without significant price declines, the cryptocurrency analyst expects the top altcoin to hit novel all-time highs of $1,429 by 2026. However, another cryptocurrency analyst offered a more conservative price projection that suggested a price enhance of $1,000 dollars based on the Heads and Shoulders technical indicator was a more realistic price target for Solana.

To repeat that phrase, Titan of Crypto revealed that Solana’s Fibonacci extension currency suggests a potential move towards the $1,400 price. Maintaining his bullish outlook for SOL, the analyst admitted that a price target of $1,000 is also possible. He revised his previous forecast to say he expected it Solana to see the price enhance around $1,000.

Titan of Crypto also has it confirmed that if Solana manages to achieve the projected price enhance, its current one market capitalization potentially worth $72.7 billion doublesurpassing Ethereum’s market capitalization, which currently stands at $315 billion.

Solana’s pricing fundamentals remain sturdy

While analysts expect Solana to experience a bullish move soon, the cryptocurrency has also been presented sturdy price fundamentals amid market volatility and previous declines in the price of Bitcoin (BTC).

Solana is currently trading at $154.92, up 8.59% over the past week. The popular altcoin has already experienced another price enhance of 1.75% in the last 24 hours, highlighting the positive outlook and investor sentiment towards Solana.

Featured image created with Dall.E, chart from Tradingview.com