SOL on the Edge: $200 or Bust? 🚀🔥
Solana (SOL) is trading around $179 (-1.75% 24h), caught between support at $176 and heavy resistance near $195–$200.
🔹 Bullish Fuel:
Network recently hit 107K TPS in stress testing – showing unmatched scalability.
Daily active addresses remain in the millions, proving sticky on-chain demand.
🔹 Bearish Weight:
The SEC delayed a decision on a spot SOL ETF to Oct 16, 2025, cooling short-term hype.
Macro risk plus Bitcoin weakness keeps SOL in consolidation.
📊 Key Watch:
Break above $195–$200 could trigger momentum toward new highs. A dip below $174 may invite deeper pullbacks.
👉 SOL is at a make-or-break zone — will bulls power through $200 or stall again?
#Solana #SOL #Altcoins #CryptoUpdate #MarketPullback
DYOR Not financial advice!
