$SUI Solana (SOL) Just Broke Out From A 4 Year Pattern, Targeting $2700 – What Other Cryptos Can 10x T...

Solana has captured headlines this week after the Solana price broke out of a long-term cup-and-handle pattern that dates back nearly four years, while Sui crypto is also showing signs of a breakout. This breakout comes as Bitcoin surged to a fresh all-time high of $122,838 which shows renewed interest across the altcoin market.

Meanwhile, on the Move-based chains front, SUI crypto has quietly rallied above key resistance levels which shows robust on-chain growth and staking activity. A rising newcomer with a cross-chain DeFi project focus, it hints at the kind of innovation that could fuel the next altcoin uptrend. 

Solana Price Breakout: SOL Soars Past $170, Eyes $2,700

Analysts have highlighted a classic cup-and-handle formation on Solana’s daily chart, with a decisive weekly close above $170 marking the official breakout. This pattern, which began forming after the 2022 downturn, suggests SOL could test Fibonacci targets at $295, $787, $1,314, and ultimately $2,700.

Experts have also observed that Solana is consolidating in an ascending triangle below $170, with trendline support from $142. The MFI currently sits neutral at 48.66, with no clear inflow or outflow bias. A potential spot SOL ETF approval (odds at 99%) and growing institutional