Solana News: SOL Targets $330–$400 as Whale Buys Hit $381M, XLM Surges 22%

by cnr_staff

Solana (SOL) and Stellar (XLM) are making waves in the crypto market. SOL eyes $330–$400 as whale activity boosts holdings to $381M, while XLM rebounds with a 22% transaction surge. Here’s what you need to know.

Solana News: SOL Price Eyes $330–$400

Solana (SOL) is trading at $184 after a pullback from $206. Key support lies at $177–$190, backed by whale buys. Upexi Treasury acquired 83,000 SOL ($16.7M), raising total holdings to $381M. A cup-and-handle pattern suggests a potential rally to $330–$400 if support holds. On-chain activity is strong, with Circle minting $750M USDC on Solana.

XLM Surges 22%: Doji Signal Hints at Reversal

Stellar (XLM) dropped 20% to $0.40 but shows recovery signs. Weekly transactions rose 22%, active wallets grew 16% to 208K, and stablecoin volume increased 40%. A doji candlestick signals a potential reversal. If XLM stays above the 25- and 50-day moving averages, $0.52 is the next target.

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FAQs

1. What is Solana’s price target?
SOL could reach $330–$400 if the cup-and-handle pattern holds.

2. Why is XLM surging?
XLM’s 22% transaction growth and doji signal suggest a bullish reversal.

3. How does Spartans.com work?
Deposit $5 in crypto to get a 300% bonus, usable across 5,963 games and sports betting.

4. What supports SOL’s price?
Whale buys and $750M USDC minting on Solana bolster confidence.

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