🚀 Solana Price Analysis: Key Insights & Updates 🔍
📈 Bullish momentum is building for Solana ( $SOL ) as traders anticipate a major altseason by late 2025. With Bitcoin rebounding above $95K, Solana led the altcoin charge over the past two weeks, fueled by growing on-chain activity and rising DeFi inflows.
🔥 The Fear & Greed Index reflects renewed market confidence: Bitcoin jumped from 47 to 63, and Ethereum from 44 to 61, pulling the altcoin market into greed territory alongside them.
💹 After a 14% weekly gain, SOL is on track for its third green week, nearing a key resistance at $159. If BTC pushes toward $99.4K, SOL could rally above $180. A fallback to $91K, however, might drag SOL down to $125–$135.
📊 Technically, SOL bulls are in control: MACD crossed above zero and RSI surpassed 52 — for the first time since Trump’s second inauguration — signaling strong upside pressure.
🌐 The Solana ecosystem is booming, with $8B TVL and $12B in stablecoins (per DefiLlama). Institutional support is growing, with Nous Research raising $50M in a Series A led by Paradigm VC.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.