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Solana Bounce Incoming? Chart Points to $205 and Beyond
Jul, 25, 2025
< 1 min read
by Olivia Stephanie
for CryptoPotato
TL;DR
- Solana retests breakout level after triangle formation, with traders watching $180 for confirmation.
- On-chain data shows 8M SOL bought at $190, hinting at strong support above resistance.
- Network upgrade boosts Solana’s block capacity by 66%, with MetaMask adding native support.
SOL Pulls Back to Key Breakout Level
Solana (SOL) is trading around $181 after a brief drop of just over 2% on the day. Over the past week, the price has still been up slightly. On the daily chart, the token has broken above the top of an ascending triangle, a structure that has been forming since March, and is now retesting the breakout zone.
Read More
Solana Bounce Incoming? Chart Points to $205 and Beyond
Jul, 25, 2025
< 1 min read
by Olivia Stephanie
for CryptoPotato
TL;DR
- Solana retests breakout level after triangle formation, with traders watching $180 for confirmation.
- On-chain data shows 8M SOL bought at $190, hinting at strong support above resistance.
- Network upgrade boosts Solana’s block capacity by 66%, with MetaMask adding native support.
SOL Pulls Back to Key Breakout Level
Solana (SOL) is trading around $181 after a brief drop of just over 2% on the day. Over the past week, the price has still been up slightly. On the daily chart, the token has broken above the top of an ascending triangle, a structure that has been forming since March, and is now retesting the breakout zone.
Read More