Crypto trader Ansem expects Solana’s (SOL) price to nearly double from current levels, forecasting a climb toward $150 as he calls for a bullish breakout in the coming months.

He is not alone. Analyst Michaël van de Poppe also expects a sharp move higher, even as renewed US-Iran tensions pressured Solana lower over the past week.

Ansem and Van de Poppe Project Solana Upside

Ansem explained his outlook in a July post, arguing that many on-chain altcoins sit ready for a breakout. He views the $84 area as the top of Solana’s range and $150 as the eventual target.

“…believe SOL will reclaim topside of range & hit $150 over the next couple months as it starts its uptrend again for first time in over a year,” he said.

Van de Poppe framed a more conservative path. He identified $76.6 as the level Solana must hold to confirm a continuation higher.

“It’s clearly breaking through this resistance zone and flipping the level… we’ll likely see SOL trend to $100+ in the coming 1-2 months,” he said.

On-Chain Data Strengthens as ETF Inflows Slow

Reaching Ansem’s target would require a gain of about 98% from Solana’s press-time price near $75.8. Van de Poppe’s $100 goal implies a more modest 32% move.

On-chain metrics support the bullish case. BeInCrypto reported that Solana’s total value locked (TVL) has climbed to its strongest level since early June. The recovery suggests genuine capital backing.

Furthermore, deposits into Solana applications are increasing, and long-term holders continue to accumulate. Open interest and funding, by contrast, have contracted. 

That split points to spot demand instead of leveraged bets. Active addresses are also rising quickly, retesting yearly highs.

Nonetheless, institutional demand tells a different story. Solana spot exchange-traded fund (ETF) flows turned negative in June 2026, posting their first monthly net outflow of about $790,000, according to SoSoValue data.

July inflows recovered to just $3.65 million month-to-date. That compares with $199.21 million at the ETF launch in October and a $419.38 million peak in November.

ETF flows are not the only pressure. Geopolitical and macroeconomic conditions remain a key headwind for crypto markets.

A renewed rate hike or prolonged US-Iran hostilities could weigh on risk assets. Either outcome would widen the gap between Solana and the analysts’ targets.

Source: BeInCrypto