{"id":10598,"date":"2025-09-12T16:19:08","date_gmt":"2025-09-12T16:19:08","guid":{"rendered":"https:\/\/bitunikey.com\/news\/solana-price-rallies-as-key-polymarket-poll-gains-momentum-and-hits-ath\/"},"modified":"2025-09-12T16:19:14","modified_gmt":"2025-09-12T16:19:14","slug":"solana-price-rallies-as-key-polymarket-poll-gains-momentum-and-hits-ath","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/solana-price-rallies-as-key-polymarket-poll-gains-momentum-and-hits-ath\/","title":{"rendered":"Solana price rallies as key Polymarket poll gains momentum and hits ATH"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Solana\u2019s price continued its relentless bull run, pushing it to its highest point since January. This surge could see the token reach its all-time high, as many Polymarket users predict.<\/p>\n<div id=\"cn-block-summary-block_ed0c9e0d9736dd2fc96afcbbb506843f\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Solana price continued its strong rally this week.<\/li>\n<li>Polymarket data shows that the odds of it hitting a record high this year have increased.<\/li>\n<li>Technical analysis points to more upside this month.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<h2 class=\"wp-block-heading\">Polymarket users expect Solana price to hit ATH<\/h2>\n<p>Solana\u2019s price rose for six consecutive days, reaching a high of $240. It has jumped by 150% from its lowest level this year, bringing its market capitalization to more than $126 billion.<\/p>\n<p>The token could be on the verge of more upside. A <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/polymarket.com\/event\/solana-all-time-high-before-2026?tid=1757687169773\" target=\"_blank\" rel=\"nofollow\">Polymarket poll<\/a> with more than $800,000 in assets puts the odds of the coin hitting a record high this year at 57%, the highest level to date. These odds have been in a strong uptrend since hitting a low of 19% in June.<\/p>\n<p>There are three potential reasons the SOL price may jump by 23% and reach its all-time high. The most important is that the deadline for approving spot SOL ETFs is nearing.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The odds that the Solana ETF will be approved this year have jumped to more than 90%. These approvals will likely lead to high inflows from American retail and institutional investors, who view cryptocurrencies as attractive alternative assets.<\/p>\n<p>Solana (SOL) price may also rally ahead of the upcoming Alpenglow upgrade. This upgrade will introduce new features, including moving the network from proof-of-authority to proof-of-stake. It will increase speeds to more than 107,000 transactions per second. Cryptocurrencies often rally ahead of a major upgrade.<\/p>\n<p>SOL price will also benefit as the Federal Reserve starts to cut interest rates next week. Rate cuts may help boost the coin by incentivizing risk-taking among investors.<\/p>\n<h2 class=\"wp-block-heading\">SOL price technical analysis\u00a0<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Solana price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The daily time frame chart shows that the SOL price has been in a strong uptrend in the past few months. It moved from the year-to-date low of $95 to $240.<\/p>\n<p>The Average Directional Index has risen to 28 and is pointing upward. It is at its highest point since Aug. 1, a sign that momentum is building.<\/p>\n<p>The Relative Strength Index has risen to 70, its highest level since July. Therefore, the token will likely continue rising as bulls target the all-time high of $295. A move above that level would point to more gains, potentially to more than $300.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solana\u2019s price continued its relentless bull run, pushing it to its highest point since January. This surge could see the token reach its all-time high, as many Polymarket users predict.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1079,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=10598"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10598\/revisions"}],"predecessor-version":[{"id":10599,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10598\/revisions\/10599"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1079"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=10598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=10598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=10598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}