- Solana’s potential breakout tied to institutional interest and chart patterns.
- Series of rejections at $180 level revisited with bullish optimism.
- DEX volumes indicate increased market engagement in 2025.
Solana is positioned to surpass the $180 resistance as it forms a cup-and-handle pattern, a technical setup observed in May 2025. Pseudonymous analyst Crypto Virtuous predicts a breakout, propelled by high network activity and institutional interest.
This upward trend has attracted attention amid Solana’s resurgence, reflected in high trading volumes. Analysts suggest a significant move is feasible, signaling potential shifts in the broader cryptocurrency landscape.
Solana’s price movements signify increasing interest as it approaches the $180 resistance. The recent cup-and-handle formation suggests potential upward momentum, reinforced by surging DEX volumes exceeding $500 billion, reflecting strong institutional and retail interest.
Market trends discussed by Crypto Virtuous indicate that key figures in Solana, such as Anatoly Yakovenko and Raj Gokal, have not publicly commented on this trend. Analyst Crypto Virtuous anticipates a potential breakout if Solana breaches the resistance, which could propel it toward $510.
“This is a scary region but I’m sure we’re breaking this one this time.” — Crypto Virtuous
The potential breakout has created ripple effects in cryptocurrency markets. Solana’s rising value influences DeFi projects and ecosystem tokens due to increased liquidity interest, highlighted by notable Solana Post shares important network insights and technical analysis.
Implications extend across financial sectors, with Solana’s price movements impacting related cryptocurrencies like ETH, AVAX, and ADA. Although these have not moved in direct correlation yet, changes in Solana could affect broader market narratives.
Expert insights suggest favorable outcomes if Solana breaks resistance. A similar breakthrough previously led to substantial rallies, although each instance varies. The network’s high DEX volumes indicate increased market engagement, reinforcing bullish sentiment.
