Raoul Pal, CEO of Real Vision and a prominent figure in the cryptocurrency world, indicated that recovering Solana’s support level at $185 could signal the beginning of a new bullish cycle in the crypto market. Sharing his thoughts with followers on social media platform X, Pal emphasized the critical nature of this level for both Solana 
$217 and the broader cryptocurrency market. According to Pal, a sustained recovery of such support levels would validate the bullish trend in the market, especially as Bitcoin 
$106,232 surpasses the $70,000 mark.
A New Trend Could Begin for the Market
Pal noted that Solana and other digital assets are forming strong breakout patterns in their price charts, suggesting a major trend shift might be imminent. He pointed out that the cryptocurrency market has been cautious due to fluctuations in recent months. However, should there be a sustained move above these critical levels, Pal believes it could break the prevailing market stagnation and initiate a broader bullish cycle. He stated, “I am not buying or selling; I am merely observing the market,” emphasizing that reaching the $185 level would serve as crucial validation for him.
During this period, investors are keenly watching whether Solana can maintain its support levels, similar to the overall market sentiment. Experts predict that if Solana surpasses this threshold, other digital assets may also gain similar momentum.
Inmortal’s Price Prediction for Solana
Crypto analyst Inmortal echoed Pal’s sentiments, suggesting that Solana could emerge as a standout asset in the cryptocurrency market. Addressing his 217,800 followers on X, Inmortal asserted that SOL has the potential to reach four-digit price levels. He stated, “Identifying digital assets that will outperform in the future is important, and SOL may be one of them,” highlighting that Solana is gearing up for a strong rally. Inmortal predicts that Solana could reach the thousand-dollar mark, although price fluctuations may persist in the long run.
In conclusion, Solana’s price movements provide significant insights into the general trends of the cryptocurrency market. Experts like Raoul Pal and Inmortal believe that Solana rising to the $185 level could signify substantial changes in market dynamics. Their assessments encourage investors to closely monitor market activities and adjust their strategies accordingly.
