Solana ($SOL ) Skyrockets 10.9% – Is $295 the Next Target?

Solana (SOL) is making waves with a 10.9% surge this week, pushing toward the $179 resistance level as on-chain activity heats up. Key fundamentals are strengthening:

Total Value Locked (TVL) has climbed to $9 billion

Active wallets now exceed 3.3 million

Technical Breakout Ahead?

A massive cup-and-handle pattern—years in the making—suggests a potential breakout toward $295. The key level to watch? $189-$190. If SOL clears this zone, the path could open for a major rally.

Why the Momentum?

Institutional and retail interest in Solana’s DeFi ecosystem is growing

Strong fundamentals back the bullish technical setup

The Big Question: Will SOL smash through resistance and trigger the next big altcoin rally?

#defi #altcoins #Blockchain #Trading #Investing