Solana (SOL) is back in the spotlight as its price rockets past the $137 level, marking a significant milestone in its ongoing rally. This surge comes amid a wave of renewed optimism in the crypto market, with Solana leading the charge as one of the top-performing assets.

Furthermore, breaking through the $137 barrier is no small feat. This level had previously served as a key resistance point, and its breach signals a potential shift in market sentiment. Will this breakout pave the way for a sustained upward trajectory, or is a correction on the horizon as traders lock in profits?

Solana Breakthrough: A Closer Look At the $137 Milestone

From a technical perspective, the $137 level was a critical psychological barrier that had capped SOL’s price multiple times. Breaking through this resistance required strong buying pressure and positive market sentiment, both of which have been evident in recent weeks.

So far, SOL’s upward move has been backed by steady volume growth of over 100%, signaling strong market participation and increasing investor confidence. This surge in trading activity indicates that buyers are actively accumulating, reinforcing the bullish momentum and reducing the likelihood of a premature reversal.

Additionally, momentum indicators like the Relative Strength Index (RSI) remain firmly in bullish territory, climbing up to 69%, which signals that the rally still has fuel. With Solana’s RSI now approaching the 70% level, it suggests that buying pressure remains strong, and bulls are in control of the market.

For SOL to extend its gains, buying interest must remain strong, and key resistance levels must be cleared with conviction. If demand persists, the rally could continue, but a loss of momentum might lead to a consolidation or short-term retracement

Price Targets: Where Could SOL Be Headed Next?

With Solana maintaining its position above $137, traders are now looking ahead to potential price targets. If the uptrend continues, the next key resistance level to watch is around $164, a barrier that may determine whether SOL extends its rally. Furthermore, a successful break above this zone could open the door for a move toward $211, where previous price action suggests strong selling interest.

Beyond $211, SOL targets the $240-$260 range, a crucial area that would mark a significant recovery to its all-time high levels. However, sustained buying pressure and increasing volume are essential for a bullish scenario.

On the downside, if Solana faces rejection at $164, a pullback could occur, with $137 acting as a key support zone. A breakdown below the level might shift momentum in favor of the bears, leading to a deeper correction toward the $118–$99 range.

• DWF Labs has debuted a $250 million Liquid Fund, as per a March 24th announcement.
• The firm already has two deals worth approximately $25 million and $10 million lined up.
• DWF Labs will invest $10 million to $50 million per project as a part of this initiative.

DWF Labs, a major player as a crypto market maker and investor, has announced the launch of its brand new $250 million Liquid Fund. The goal is to accelerate adoption and expansion of established mid and large cap’ blockchain projects. 

According to their announcement, the fund is designed to provide significant financial backing along with crucial strategic ecosystem support to projects that are actively contributing to the real-world adoption of cryptocurrency. 

What’s DWF Labs’ Track Record in Supporting Web3 Growth?

DWF Labs has already established itself as one of the most active investors in the crypto sector. They’ve injected over $11 million into promising blockchain initiatives in just the past two weeks alone. 

And with this new Liquid Fund, the firm has already lined up two substantial investment deals worth $25 million and $10 million, with more announcements expected to follow s…

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