Solana Nears ATH as Altseason Heats Up

Solana nears $265 with strong momentum while altseason signals grow as Bitcoin dominance weakens and major altcoins outperform.

Analyst confirm altseason as Ethereum, BNB, DOGE, LINK, and HYPE show strength alongside Solana’s breakout near its all-time high.

SUI, AVAX, and APT emerge as top rotation plays with strong fundamentals as Solana’s rally signals broader market opportunities.

Solana is once again in the spotlight as it pushes toward its all-time high of $265, currently trading around $240. Analysts view this moment as more than a Solana rally. According to crypto analyst VirtualBacon, this breakout confirms that the broader market has officially entered altseason. He noted that Solana has been the “cleanest trade of this rotation,” after breaking out from $177 in August.

The chart shows Solana facing resistance between $260 and $270. VirtualBacon expects a pullback before a sustained breakout, similar to Ethereum’s last cycle at $4,850. He explained that his plan is to let bots sell into strength around $260, rotate into stablecoins, and then re-enter after a potential 10–15% correction.

Broader Market Signals Altseason Momentum

Besides Solana’s surge, the analyst highlights multiple signals confirming altseason. Bitcoin dominance has dropped below its 50-week moving average. At the same time, Ethereum reached new highs while BNB retested resistance

Meme tokens like DOGE gained 26% this week, while LINK and HYPE also showed strength. Additionally, all major altseason indices, including those from CoinGlass and BlockchainCenter, are now flashing green.

Consequently, VirtualBacon defines this as true altseason. He explained that when most of the top 100 altcoins outperform Bitcoin for consecutive months, it confirms broad-based rotation. Current data shows this trend has continued for twelve straight weeks, logging three consecutive “alt months.”

Coins Poised to Follow Solana

Moreover, VirtualBacon identified three altcoins likely to benefit next. He pointed to SUI, backed by the same venture capital firms as Solana. He also highlighted AVAX, which historically rallies alongside Solana and just cleared $26 resistance. Finally, he mentioned APT, which shares similar infrastructure with SUI and is well-positioned for ecosystem flows.

Additionally, he stressed the importance of patience. Chasing sudden 30% pumps often leads to losses, while holding lagging large caps during rotation tends to pay off.

Solana’s momentum signals more than a single-chain rally. With altseason confirmed, investors now face opportunities across multiple top altcoins.

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