📈 Performance over the last 24 hours

SOL shows a nice progression of +5% over the day and has just crossed the symbolic $200 mark. This breakthrough occurs right on an important technical resistance (downward trend line). If SOL manages to hold this level and breaks through $210, the path will be open towards $225.

🔍 Technical analysis: Signals to watch

  • RSI : Approaching the overbought zone (bullish momentum confirmed)

  • Stochastic : Already in overheating territory (beware of possible consolidation)

  • MACD : Just crossed its moving average upwards (bullish signal activated ✅)


Translation: The indicators are green, but a technical pause could occur in the short term.

💰 Solana confirms its DeFi dominance

According to DefiLlama, Solana ranks as the 4th blockchain for hosting stablecoins with $11.17 billion in total value. USDC alone accounts for 75% of this amount, confirming institutional confidence.

🚀 Important news: Dogwifhat launches its validator

Dogwifhat (WIF) just announced on Wednesday the launch of its own Solana validator, in partnership with DeFi Development Corp (DFDV).

Key details:

  • DFDV brings 1.3 million SOL (~$250M) to the project

  • Staking, MEV, and rewards revenues will be shared between the WIF community and DFDV (after fees are deducted)

  • This initiative strengthens the Solana ecosystem and could attract new investors

🎯 Conclusion

With the MACD just giving a buy signal and this solid fundamental momentum, SOL could well reach $225 if the momentum holds.

#solana #sol #BTCBreaksATH #ETH5kNext? $SOL $BTC $ETH