WHY #SOLANA ?
The 8.1% Weekly Jump and What It Means for SOL’s Bullish Momentum
Solana has surged 8.1% this week, climbing$208 with daily trading volumes above $6.67 billion. Ranked #6 by market capitalization at $112.5 billion, Solana is once again at the center of crypto market discussions.
With a circulating supply of 540 million SOL tokens, the asset is now testing a key resistance zone that could define its next major move.
Solana (SOL/USD) Technical Setup
On the 4-hour chart, Solana price prediction looks bullish as it’s pressing against the $210 resistance, where price has been rejected three times in recent weeks.
This triple top pattern usually signals exhaustion, yet Solana’s structure remains constructive, supported by higher lows along an ascending trendline that dates back to July.
Solana Price Chart – Source: Tradingview