Solana Beach PriceSOLANA

Cooking. 🧑‍🍳 @solstrategies_ working to become first registered public company traded on @solana

Solana (SOL) has once again captured the spotlight as bullish momentum builds across the broader crypto market. After weeks of sideways movement and consolidation, SOL price is now showing signs of a potential breakout that could set the stage for a major rally. With growing investor interest, positive network fundamentals, and bullish chart formations, traders are watching Solana price closely to see if it can reclaim higher levels . In this article, we’ll dive deep into the current technical landscape using the latest TradingView daily and hourly charts, break down key resistance zones, and forecast what lies ahead for one of the most talked-about altcoins in the market. Solana (SOL) has seen a powerful bullish breakout , with the price currently trading near $154. On the daily chart, SOL has cleared the 50-day and 100-day moving averages and is now challenging the 200-day SMA at $155. This is a critical resistance zone that previously triggered sell-offs. A successful close above this zone would flip the market structure firmly bullish and open the path toward $180 and possibly even $200 in the near term. The Advance-Decline Line (ADL) is also showing strength, with values rising steadily, suggesting that accumulation is underway and large market players may be stepping in. The MA ribbon on the daily chart is starting to converge, a signal that consolidation may soon give way to a trend expansion. The hourly chart reveals a clean breakout from the $145–$150 consolidation range. A strong bullish momentum wave has pushed prices upward, confirming a textbook cup-and-handle breakout pattern. Volume has surged during this move, and all major SMAs (20, 50, 100, 200) have now aligned in a bullish stack. This is the kind of setup technical traders wait for—strong confluence of support and directional bias. In terms of intraday action, the hourly candles are showing consistent higher highs and higher lows, with the ADL confirming positive capital flow. Unless a sharp reversal occurs, momentum is expected to continue driving SOL price upward over the next 24–48 hours. If Solana can maintain momentum above the $155 resistance , the next upside target lies at $172, which is a previous high from March. Beyond that, psychological and technical resistance near $180 could be tested. A close above $180 would confirm a long-term reversal and potentially ignite a new uptrend phase toward $200+. However, if rejection happens around $155 and the price slips below the 50-day SMA at $146, it could trigger short-term profit-taking, pushing the price back toward $140–$145 support. Beyond the charts, Solana price continues to benefit from increasing institutional interest and growing developer adoption, particularly in DeFi, NFTs, and Web3 applications. With low transaction costs and a scalable infrastructure, Solana remains a leading alternative to Ethereum, especially for retail use cases and microtransactions. The current technical setup supports a bullish continuation in both the short and medium term, assuming broader crypto market sentiment remains positive. Solana (SOL) has once again captured the spotlight as bullish momentum builds across the broader crypto market. After weeks of sideways movement and consolidation, SOL price is now showing signs of a potential breakout that could set the stage for a major rally. With growing investor interest, positive network fundamentals, and bullish chart formations, traders are watching Solana price closely to see if it can reclaim higher levels . In this article, we’ll dive deep into the current technical landscape using the latest TradingView daily and hourly charts, break down key resistance zones, and forecast what lies ahead for one of the most talked-about altcoins in the market. Solana (SOL) has seen a powerful bullish breakout , with the price currently trading near $154. On the daily chart, SOL has cleared the 50-day and 100-day moving averages and is now challenging the 200-day SMA at $155. This is a critical resistance zone that previously triggered sell-offs. A successful close above this zone would flip the market structure firmly bullish and open the path toward $180 and possibly even $200 in the near term. The Advance-Decline Line (ADL) is also showing strength, with values rising steadily, suggesting that accumulation is underway and large market players may be stepping in. The MA ribbon on the daily chart is starting to converge, a signal that consolidation may soon give way to a trend expansion. The hourly chart reveals a clean breakout from the $145–$150 consolidation range. A strong bullish momentum wave has pushed prices upward, confirming a textbook cup-and-handle breakout pattern. Volume has surged during this move, and all major SMAs (20, 50, 100, 200) have now aligned in a bullish stack. This is the kind of setup technical traders wait for—strong confluence of support and directional bias. In terms of intraday action, the hourly candles are showing consistent higher highs and higher lows, with the ADL confirming positive capital flow. Unless a sharp reversal occurs, momentum is expected to continue driving SOL price upward over the next 24–48 hours. If Solana can maintain momentum above the $155 resistance , the next upside target lies at $172, which is a previous high from March. Beyond that, psychological and technical resistance near $180 could be tested. A close above $180 would confirm a long-term reversal and potentially ignite a new uptrend phase toward $200+. However, if rejection happens around $155 and the price slips below the 50-day SMA at $146, it could trigger short-term profit-taking, pushing the price back toward $140–$145 support. Beyond the charts, Solana price continues to benefit from increasing institutional interest and growing developer adoption, particularly in DeFi, NFTs, and Web3 applications. With low transaction costs and a scalable infrastructure, Solana remains a leading alternative to Ethereum, especially for retail use cases and microtransactions. The current technical setup supports a bullish continuation in both the short and medium term, assuming broader crypto market sentiment remains positive.

Solana saw a major rally today, with signs suggesting it could soon see another breakout to $200. Solana (SOL) saw a major rally on Thursday, May 8, with signs suggesting another breakout to $200 could be on the horizon. Backed by rising DeFi activity, strong market sentiment, and network upgrades, SOL jumped 10.02% to $160.32, its highest level since March 3. The surge coincided with a major milestone for Solana’s decentralized exchange (DEX) ecosystem. On Wednesday, May 7, DeFi volumes on the Solana network broke $800 billion in 2025. While over half of that came in January, continued strength in recent months points to sustained investor interest in the ecosystem. This activity suggests that the SOL rally will likely continue, Tracy Jin, COO of MEXC, told crypto.news. If SOL maintains the current level, the token could go as high as $180 or $200. “Solana’s current price action suggests a wide accumulation range that is often seen in assets transitioning from a growth phase into a more mature market position. Bulls are now eyeing a breakout above the key $153 resistance level. If this level flips into support and momentum persists, this could open the path towards $180 and potentially $200 soon after,” Tracy Jin, MEXC Beyond the market momentum, Jin believes that there is a “fundamental shift” in how the markets perceive Solana. The growth of its ecosystem, together with the relative weakness of Ethereum, is now attracting institutions to SOL. “Ethereum ETFs have bled more than $350 million year-to-date. Solana has been the dominant network among L1 and L2 chains in 2025, driven by the rise of platforms like Pump.fun, radium, and Axiom,” Tracy Jin, MEXC Jin added that the upcoming launches of Solana ETFs will further boost its institutional appeal. They will be attracted to the value the Solana network is creating through its DeFi ecosystem.

#Solana News: DeFi Development Corp (NASDAQ: DFDV). Expands Solana Holdings with $2.97 Million Purchase @defidevcorp #DFDV DeFi Development Corp. announced its acquisition of 20,473 Solana ($SOL) tokens, valued at approximately $2.97 million, marking its ninth purchase as part

Huge! @superstatefunds on @CNBC @KenzieSigalos talking about tokenized equities on @solana with @solstrategies_ - follow the thesis.