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Solana aims for $250 by year-end amid strong network growth and ETF inflows but faces tough resistance at $121.

Protocol Fundamentals
06 Oct 2026
Blockonomi
View Source
Neutral
Solana aims for $250 by year-end amid strong network growth and ETF inflows but faces tough resistance at $121.

Solana's price target of $250 by year-end requires a 107% surge from its current $121 level, despite strong network activity and a 40% rise in ETF inflows in September. Recent protocol changes have slowed new token supply growth, while decentralized app revenues topped $100 million for two weeks, signaling healthy ecosystem use. However, technical resistance near $120 and ongoing token issuance create challenges. Analysts expect potential short-term dips before any sustained upward move, with long-term optimism tied to growing stablecoin and micropayment use on Solana's low-cost network.

Solana's market cap stands at Rp1.263,24 trillion as of Oct 06, 2026, 15:02 WIB, with a 24-hour trading volume of Rp37,42 trillion on Pluang. Despite the article noting a price target of $250, Solana trades at Rp2.153.627 on Pluang, down 1.28% in the past day. Pluang users show a selling bias with 68% of order activity as Sell and a typical hold time of 70 days, indicating cautious sentiment amid the ongoing market dynamics.

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