SOL Breaks $180 - Is $200 Just Around The Corner? š
Solana ($SOL ) is making big moves in the market right now! Currently trading at $184.55, it's up +5.9% in the last 24 hours.
Quick Analysis:
SOL has shown impressive strength with a 31% price increase over the past month
Technical indicators are bullish with 17 "Buy" signals vs only 2 "Sell" signals
RSI sitting at 72.01 suggests strong momentum but approaching overbought territory
Fundamental Drivers:
Total Value Locked (TVL) in Solana ecosystem jumped from $45.15M to $52.78M since January
Popular meme coins on Solana network are contributing to its recent uptick
Firedancer upgrade is expected to improve speed and reduce downtime
If SOL can break through the $185-190 resistance zone, we could see a push toward $200 very soon!
#SOL #CryptoRally #BullMarket2025
What's your SOL price prediction for the end of May?
