Solana Surges 20%, Yet Analysts Fear Potential Disaster Ahead
The post Solana Surges 20%, Yet Analysts Fear Potential Disaster Ahead appeared on BitcoinEthereumNews.com. Solana (SOL) price is trading with a bullish bias, riding the wave of positive sentiment toward altcoins. However, analysts say this may be the calm before the storm as SOL demonstrates weakness across all key pairs. A prevailing capital rotation is happening, favoring high-fundamental and liquid altcoins. However, could some miss out on the perceived altcoin season? Analyst Warns Solana Could Mirror LUNA Collapse Amid Multi-Asset Breakdown Solana has surged over 20% in the past week, and a modest 0.609% in the last 24 hours. As of this writing, SOL was trading for $201.01, with the broader altcoin market reigniting bullish hopes among investors. Solana (SOL) Price Performance. Source: BeInCrypto However, not everyone is convinced about Solana. While some traders predict a move toward $300 and beyond, one analyst is sounding the alarm. Technical analyst Gert van Lagen compares Solana’s weakening structure across major trading pairs to the early signs of Terra’s infamous LUNA collapse in 2022. Gert van Lagen points to Solana’s high timeframe (HTF) breakdowns versus Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and XRP as major red flags. Highlighting bearish divergences across the board, he says Solana’s current trajectory mirrors a multi-asset bleed. Further, the token was not showing any signs of recovery when measured against its biggest competitors. 1/4 Wouldn’t be shocked if $SOL ends up being this cycle’s $LUNA — it’s already looking so lunar. Breaking down vs $BTC, $ETH, $ADA, $XRP on the high timeframes. Bearish divergence across the board. Its bull run started in 2023 while others bled — now SOL starts bleeding… pic.twitter.com/2J7JAJhyv2 — Gert van Lagen (@GertvanLagen) July 22, 2025 With respect to Bitcoin, Solana is showing a downtrend following the 2023 rally, with SOL price stuck below the high-timeframe moving average (MA). Similarly, Solana is showing weakness relative to Ethereum, with…
The post Solana Surges 20%, Yet Analysts Fear Potential Disaster Ahead appeared on BitcoinEthereumNews.com.
Solana (SOL) price is trading with a bullish bias, riding the wave of positive sentiment toward altcoins. However, analysts say this may be the calm before the storm as SOL demonstrates weakness across all key pairs. A prevailing capital rotation is happening, favoring high-fundamental and liquid altcoins. However, could some miss out on the perceived altcoin season? Analyst Warns Solana Could Mirror LUNA Collapse Amid Multi-Asset Breakdown Solana has surged over 20% in the past week, and a modest 0.609% in the last 24 hours. As of this writing, SOL was trading for $201.01, with the broader altcoin market reigniting bullish hopes among investors. Solana (SOL) Price Performance. Source: BeInCrypto However, not everyone is convinced about Solana. While some traders predict a move toward $300 and beyond, one analyst is sounding the alarm. Technical analyst Gert van Lagen compares Solana’s weakening structure across major trading pairs to the early signs of Terra’s infamous LUNA collapse in 2022. Gert van Lagen points to Solana’s high timeframe (HTF) breakdowns versus Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and XRP as major red flags. Highlighting bearish divergences across the board, he says Solana’s current trajectory mirrors a multi-asset bleed. Further, the token was not showing any signs of recovery when measured against its biggest competitors. 1/4 Wouldn’t be shocked if $SOL ends up being this cycle’s $LUNA — it’s already looking so lunar. Breaking down vs $BTC, $ETH, $ADA, $XRP on the high timeframes. Bearish divergence across the board. Its bull run started in 2023 while others bled — now SOL starts bleeding… pic.twitter.com/2J7JAJhyv2 — Gert van Lagen (@GertvanLagen) July 22, 2025 With respect to Bitcoin, Solana is showing a downtrend following the 2023 rally, with SOL price stuck below the high-timeframe moving average (MA). Similarly, Solana is showing weakness relative to Ethereum, with…
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