Solana is off to a strong September run. After bouncing from the $200 zone, SOL now trades just under $250 and shows no sign of slowing. Among analysts watching this rally, trader Crypto Patel stands out for setting bold targets that have grabbed the market’s attention.
What you'll learn 👉
What Crypto Patel’s Chart Shows
Patel’s weekly chart highlights how Solana broke out of a long downward channel that had capped prices through much of 2022 and 2023. The coin first cleared the weekly resistance near $33, then powered through monthly resistance around $185 on heavy volume. Each breakout has been followed by a period of consolidation, which Patel marks as a healthy sign of trend strength.
The chart also shows key historical levels. There is deep support near $9.85 and a major all-time support zone around $1.50, underscoring how far SOL has climbed. Above, the last major resistance on Patel’s map sits near $262, and a sustained move beyond that zone could open the way for a much larger rally. His drawn red path projects a potential stair-step climb, with pauses, eventually pointing toward $1,000.
Read also: Why Our $16 Sui Price Prediction Echoes Solana’s Early Growth
Crypto Patel’s Price Forecast
In his tweet, Patel asks, “Can $SOL hit $1000 in this bull run?” He calls $500 his first major target, but adds that he sees no reason to stop there if market conditions stay strong. For him, $1,000 is an ambitious but possible extension of Solana’s breakout pattern, assuming liquidity remains high and investor demand continues to rise.
A Balanced Take
Reaching $1,000 would require Solana to more than quadruple from current levels and surpass its previous all-time highs by a wide margin. That’s not impossible in a powerful crypto bull market, especially if Solana keeps attracting developers, NFT activity, and DeFi volume. Still, a $500 target aligns better with current market structure and typical cycle moves.
Either way, Solana’s performance this month shows why traders are excited. Breaking out of its long downtrend and holding above major support levels puts SOL in a strong position for the next leg higher, whether that tops out near $500 or climbs closer to Patel’s bold $1,000 call.
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