Architectural Concept Design Collection

  • CONTACT
  • MARKETCAP
  • BLOG
Finances Investing and Crypto News
  • BOOKMARKS
  • Finance
  • Investment
  • Crypto
    • Bitcoin
    • Blockchain
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Mining
    • NFT
    • Stocks
Reading: rare pattern shows SOL rally is just starting
Share
  • bitcoinBitcoin(BTC)$104,530.18
  • ethereumEthereum(ETH)$2,516.31
  • tetherTether USDt(USDT)$1.00
  • rippleXRP(XRP)$2.17
  • binancecoinBNB(BNB)$655.11
  • solanaSolana(SOL)$155.22
  • usd-coinUSDC(USDC)$1.00
  • dogecoinDogecoin(DOGE)$0.190556
  • tronTRON(TRX)$0.267835
  • cardanoCardano(ADA)$0.68
Finances Investing and Crypto NewsFinances Investing and Crypto News
0
Font ResizerAa
  • Finance
  • Investment
  • Crypto
  • Market
  • News
Search
  • Finance
  • Investment
  • Crypto
    • Bitcoin
    • Blockchain
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Mining
    • NFT
    • Stocks
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Finances Investing and Crypto News > Blog > Crypto > Bitcoin > rare pattern shows SOL rally is just starting
BitcoinEthereumMarket

rare pattern shows SOL rally is just starting

admin
Last updated: 12/05/2025 10:26 Chiều
admin
Published 12/05/2025
Share


Solana price has rallied for two straight weeks and is now hovering at its highest level since February, and technicals suggest that the rally is just getting started.

Solana (SOL) rose to $177 on Monday, up by 85% from its lowest level in April, giving it a market cap of over $90 billion. 

The surge has coincided with ongoing gains in the crypto and stock markets. Most importantly, it happened as most Solana meme coins jumped, bringing their market cap from $6 billion in April to $15 billion today.

Some of the top-gaining Solana meme coins have been Dogwifhat (WIF), Popcat (POPCAT), Peanut the Squirrel (PNUT), and Gigachad (GIGA).

This growth has triggered more inflows in decentralized finance protocols in the Solana ecosystem, bringing the total value locked to almost $10 billion.

It has also led to further stablecoin growth on the network, with total funds rising to nearly $14 billion. Higher stablecoin activity is a sign that a crypto network is more active, as these tokens are commonly used to facilitate transactions.

Solana’s price has jumped as volume on its decentralized exchanges (DEXs) continues to rise. It handled transactions worth over $3.4 billion in the last 24 hours, higher than BSC’s $2.65 billion and Ethereum’s $2.1 billion. It processed transactions worth $82 billion in the last 30 days, much higher than Ethereum’s $37 billion.

Solana also has more potential catalysts, including the upcoming SOL ETF approvals and accumulation by Wall Street firms like Janover and Upexi. It will likely benefit further as Bitcoin (BTC) is expected to continue rising in the coming months.

Solana price technical analysis

solana price
Solana price chart | Source: crypto.news

The weekly chart shows that Solana has rallied from last month’s low of $94.50 to $176. It remains slightly below the critical resistance level at $258, which marks the upper boundary of the cup-and-handle pattern that has been forming since November 2021. 

Solana has stayed above the 50-week moving average, while both the Relative Strength Index (RSI) and the MACD are pointing upward. 

The cup has a depth of about 97%, suggesting a potential price target of $500. This target is derived by projecting the same distance from the top of the cup. A drop below the lower boundary of the handle at $94.50 would invalidate the bullish outlook.

You Might Also Like

XRP’s positive 6-month cost basis defies macro weakness

Bitcoin ETF weekly inflows drop 35% as Fed holds off on cuts

Pepe price poised to surge as rare bullish pattern emerges

bullish reversal could trigger 42% upside move

Dogecoin price chart points to a 285% surge to $0.8630

TAGGED:patternrallyrareshowsSOLstarting

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article DigitalX taps SOL Strategies for Solana staking via BitGo 
Next Article PancakeSwap Infinity brings ZK-powered intelligent UX with Brevis
Leave a Comment

Để lại một bình luận Hủy

Email của bạn sẽ không được hiển thị công khai. Các trường bắt buộc được đánh dấu *

Follow US

Find US on Socials
FacebookLike
- Advertisement -
Ad image
Popular News
$161m floods startups as prices sway
Emergency Funds: Importance and How to Build One
Debt Management: Strategies to Pay Off Debt Efficiently
Riot Platforms unloads 475 BTC in its biggest single-month Bitcoin sale to date
Revolut partners with Lightspark to add Bitcoin Lightning for UK and EEA users
- Advertisement -
Ad image

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Finances Investing and Crypto News

FICN.net brings you the latest in finance, investment, and crypto. Stay informed with expert insights, market analysis, and beginner guides. Whether you're new or experienced, FICN.net helps you explore opportunities, manage risks, and make smarter financial decisions in a fast-changing world.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Ad image
© 2024 Finance, Investment, and Crypto News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?