📰 Solana Surges Toward $180 Amid Explosive DeFi Activity and Developer Momentum
Solana (SOL) is experiencing renewed strength as it pushes toward the $175–$180 resistance zone. The surge is powered by a spike in DeFi total value locked (TVL), heightened developer activity, and robust on-chain volume—indicating growing adoption and investor conviction.
📊 Composite Analysis
DeFi Growth: Solana’s TVL has climbed over $4.2B, a 22% rise in the last two weeks, outperforming most L1 competitors. Jupiter, MarginFi, and Kamino remain the top growth engines on-chain.
On-Chain Velocity: Daily active addresses have surged to 1.2M, while non-vote transactions spiked 30%, showing real user growth rather than governance spam.
Developer Strength: Solana maintained its #2 rank in active developers behind Ethereum. New protocol launches on Solana are accelerating, from stablecoin utilities to gaming dApps.
Technical Picture: SOL is printing a clean breakout pattern with higher lows and strong RSI. A breakout above $180 could signal a run toward $200–$210.
🧠 Outlook
Solana isn’t just bouncing—it’s building. This rally is supported by genuine ecosystem expansion and increasing institutional whispers. The recent DePIN momentum and high TPS performance continue to attract users looking for scalable chains.
If SOL sustains above $172, the next resistance lies at $182–$185, followed by a stretch target at $200. However, a failure to hold $168 could invite a short-term retest to the $155–$160 demand zone.
🔍 Key levels to monitor:
Support: $168 – $172
Resistance: $182 – $200
TVL growth trend
Developer activity rates
