Crypto analyst Lark Davis has forecasted that Solana (SOL) could hit $425, based on a long-term chart pattern analysis. Davis identified a cup and handle pattern, suggesting a potential breakout if Solana tests the $270 resistance level. The 1.618 Fibonacci extension aligns with the $425 target, and the monthly MACD indicator has formed a golden cross, indicating bullish momentum. Additionally, the upcoming decision on a Solana ETF could act as a catalyst for increased buying pressure.