Can Solana reach $140 SOL by year-end?

Here's what SOL's on-chain data says
SOL's 40% rally, rising on-chain activity, and ETF inflows strengthen its year-end case.
Among high-cap assets, Solana has hands down led the rotation this month with a 40% rally, its best monthly performance since the 2024 post-election cycle.
Notably, the altcoin has also outperformed Ethereum on a relative performance basis, with the SOL/ETH ratio up over 7% during the same period.
Zoom out, though, and the picture changes.
As the chart below shows, the SOL/ETH ratio is still down over 10% on a quarterly basis, as the 55% surge in Ethereum beats the 40% jump in SOL. With September fast approaching, the focus turns to whether Solana can maintain this trend and close the performance gap against Ethereum before Q3 ends. From a markets perspective, though, the setup isn't fully bearish.
Prediction markets are currently pricing in over 50% probability for SOL to reach $140 by year-end. That would mean roughly a 50% move from current levels. Considering SOL'S Q3 underperformance and its ongoing battle with the $100 resistance zone, $140
may look like a stretch.
But if SOL can break above $100 and sustain its recent momentum, the year-end target becomes far more plausible.
According to AMBCrypto, this is the point where Solana's [SOL] major on-chain metrics come into play.
SOL's 40% August rally, stronger network activity, and record ETF inflows support the bullish case.
A break above $100 could help SOL/ETH climb further in September and narrow the
Q3 gap with ETH.#GateLaunchesJapaneseStockTrading #U.S.StrikesIranBTCDips #GateIdleEarnAutoYieldUpTo3% #GateEventContractTradeSharingChallenge #AIStartupsRaise400BInSixMonths $SOL