SOL +600.07% in 1 Year Amid Long-Term Uptrend

On SEP 6 2025, SOL dropped by 132.76% within 24 hours to reach $202.56, SOL rose by 170.29% within 7 days, rose by 2.49% within 1 month, and rose by 600.07% within 1 year.

SOL has experienced a significant long-term price appreciation of 600.07% over the past year, reflecting strong investor confidence and continued demand for the asset. Despite a sharp intraday correction of 132.76% in the last 24 hours, which brought the price to $202.56, the coin has shown resilience, posting a 170.29% rise over the past week and a 2.49% increase in the last month. These movements suggest a market environment where short-term volatility contrasts with a robust underlying bullish trend.

The 24-hour decline has triggered increased attention from on-chain analysts and traders, many of whom are monitoring whether the price will find support near key levels. The rapid rebound of over 170% in just one week indicates strong buying pressure and suggests that the recent pullback may be a temporary correction rather than a bearish reversal. Analysts project that further movement will likely be influenced by key technical levels and broader market sentiment.

The price action over the past 30 days has been relatively stable, with SOL posting a modest 2.49% increase. This gradual appreciation, combined with the broader annual trend, reinforces the view that SOL is being driven by long-term fundamentals and growing adoption, rather than short-term speculative flows.

Backtest Hypothesis

The backtesting strategy under consideration focuses on leveraging technical indicators such as the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and 50-day and 200-day moving averages to identify potential entry and exit points. The approach aims to capture trend continuation during upward phases while managing risk during pullbacks. Historical data from the past year shows that a combination of RSI divergence and moving average crossovers could have provided actionable signals aligned with SOL’s performance, particularly in identifying the early stages of the 600% annual rise and potential support levels during the recent 24-hour drop. The strategy is designed to be low-frequency, relying on confirmed signals to avoid overtrading during volatile periods.