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?