Analysis of Solana's recent price movements indicates a positive outlook according to experts. The funding rates for Solana have dropped significantly, which could be encouraging for bullish investors. Analysts have identified key support and resistance levels for Solana, with potential for a rise towards $267 if certain levels are maintained. However, a drop below $180 could signal a decline to $147.

The overall trend for Solana remains positive despite challenges such as low buying volume. Market downturns are expected to be temporary, with bullish sentiment prevailing in the long run. Solana has shown impressive growth since the end of 2022, with technical analyses suggesting further potential for value appreciation.

Although currently trading at $171 with a 6.90% decrease in the last 24 hours, Solana's upward potential remains intact. The altcoin's long-term outlook appears optimistic, indicating that short-term fluctuations are unlikely to impede its future growth prospects.