Solana Price Poised for 45% Rally After SEC Drops Helium Charges

Solana's price is poised for a significant rally, with one prominent crypto trader predicting a 45% increase. This bullish outlook comes on the heels of the US Securities and Exchange Commission (SEC) dropping charges against Helium, a protocol that operates on the Solana blockchain.

The SEC's decision to dismiss the lawsuit against Helium, which was filed in January 2025 just before the resignation of former SEC Chair Gary Gensler, has been seen as a positive development for the Solana ecosystem. The lawsuit alleged that Nova Labs violated US securities laws by issuing the HNT token. The dismissal with prejudice means that the regulator cannot file a similar case against Helium in the future, providing a clear path forward for the protocol and its token.

Helium’s founder celebrated the victory, stating that the dismissal would benefit not only the HNT token but also the broader crypto ecosystem that relies on hardware to build networks. This sentiment was echoed by the crypto community, which saw the move as a significant win for decentralized protocols and blockchain technology.

The dismissal of charges against Helium has also had a direct impact on Solana's price, which has seen gains as a result. The current pro-crypto stance of the SEC, coupled with the dismissal of the lawsuit, has created a favorable environment for Solana and other crypto projects.

One of the top traders in the crypto space, Ansem, has shared a bullish Solana price forecast, predicting that the altcoin may be on the verge of a massive 45% rally towards $180. According to Ansem, Solana's price is currently hovering between a multi-year support zone of $121 and $121. Flipping this zone could spark the start of a bullish reversal.

Ansem added that if Solana can close above $120 decisively on the weekly chart, it will kickstart a 45% rally to $180 within weeks. Once it hits $180, it may lead to fresh all-time highs. Another analyst, CryptoCurb, supported this bullish outlook, saying that Solana price will rally not only because of a bullish technical outlook but also robust fundamentals.

“People are grossly underestimating how high Solana will go. Solana is the first blockchain that is being globally adopted at scale,” CryptoCurb stated. This bullish view comes amid speculation that Solana will outperform Ethereum and possibly attain half of ETH’s market capitalization. With catalysts like a crypto-friendly SEC, buying activity that has helped SOL defend critical support and positive sentiment, Solana price may post a 45% gain.