Solana (SOL) is showing strong bullish momentum, driven by a surge in network activity and a distinctive 'megaphone' chart pattern. Analysts suggest that if SOL breaks above the $180 resistance level, it could rally towards a $210 target, representing a potential 21% gain from current prices.

Supporting this outlook, Solana's realized capitalization has increased by $4 billion, and the network has processed over 731 million transactions recently, indicating robust investor interest.

However, it's important to note that failure to surpass the $180 resistance could lead to a pullback, with support levels at $161 and $150.

As of now, SOL is trading at approximately $168.82, reflecting a 0.046% decrease over the past 24 hours.

Investors should monitor these key levels and network activity indicators to assess the sustainability of Solana's upward trajectory.