Solana price ready for strong rise according to Michaël van de Poppe

Crypto analyst Michaël van de Poppe sees strong technical signals for Solana and the broader SOL ecosystem. Based on the SOL/BTC chart, he states that Solana is currently in a “buy the dip” phase and expects the price to break above $100 soon.

Solana is available at OKX and Bybit.

Bullish signals on the BTC chart

Van de Poppe examines the SOL/BTC trading pair to assess a coin’s strength within the broader market. His analysis shows that Solana has formed a higher low, broken above the 21-day moving average (MA), and reached a new higher high, three bullish signals that together point to an upward trend.

On the chart, he highlights two key moments: the breaking of a resistance level in combination with the break above the 21-day MA, and a new high indicating that the market is in a buying phase. As long as this pattern remains intact, Van de Poppe sees no reason to turn bearish on Solana.

Bet on Wormhole as a higher beta play

Beyond Solana itself, Van de Poppe has also placed a specific bet within the ecosystem. He is backing Wormhole (W), which he describes as a “higher beta play”. This means that W could rise more strongly in percentage terms than Solana itself if sentiment remains positive.

Van de Poppe does indicate that he is not holding onto W indefinitely. His expectations are positive, but he is playing for a shorter-term move. For investors who want to follow the entire Solana ecosystem, he points to the latest developments around Solana as a guide for further insights.