PWC News
Sunday, July 27, 2025
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

Solana Price Eyes Breakout Above $180 Resistance As Cup And Handle Pattern Forms

Home Cryptocurrency
Share on FacebookShare on Twitter


Solana’s worth is hurtling towards the $180 resistance mark at breakneck velocity, sparking contemporary perception in a breach. This time, buyers have their eyes peeled on a textbook cup-and-handle sample tipped to ship SOL to a brand new all-time excessive.

Solana Worth Targets A Rally Past $180 Once more

Solana worth is making a play to retest the $180 psychological degree after earlier makes an attempt did not breach the glass ceiling. In line with an X publish by pseudonymous cryptocurrency analyst Crypto Virtuous, Solana is approaching the “scary area” once more.

The final time Solana worth examined the $180 degree, costs took successful and practically fell under $100. Nonetheless, after selecting itself gingerly in a rally that sees it acquire over 20% over the past week, the $180 psychological degree is in sight but once more. A push to $180 is on the playing cards for Solana after DEX volumes surpassed $500 million in 2025.

“It is a scary area however I’m positive we’re breaking this one this time,” stated Crypto Virtuous.

The crypto analyst is hinging his perception in Solana worth breaching $180 on a basic cup and deal with sample forming on charts. The bullish sample on the charts is stoking contemporary enthusiasm for the Solana worth, with Crypto Virtuous predicting a worth spurt past $180. He argues that if costs breach the resistance fashioned by the cup’s rim, a giant break towards $510 is an actual chance.

Institutional Curiosity Surges Following A 52% Month-to-month Worth Spurt

In line with CoinMarketCap knowledge, the Solana worth has spiked by 52% over the past month in a robust present of restoration. SOL’s weekly worth efficiency displays the same spike for the asset, garnering 20% over the past seven days.

Whereas every day charts replicate a modest 2% acquire, Solana worth reached a 24-hour excessive of $179.62 as bulls tie their bootlaces to retest the $180 psychological degree. Amid the spectacular worth efficiency over the past week, institutional curiosity in SOL is heating to a boil.

For starters, SOL Methods and DeFi Dev Corp have scooped over 200,000 SOL, sending their holdings above 395,000 SOL respectively. Aside from a frenzied accumulation spree, establishments are turning to Solana for enterprise utility, citing its velocity and low charges in comparison with Ethereum.

Robinhood is contemplating Solana for its formidable plans to tokenize US shares for its EU shoppers. Pushed by renewed institutional curiosity and sky-high retail urge for food, Solana’s month-to-month transaction quantity has surged past 1.5 billion.

✓ Share:


coingape

Aliyu Pokima

Aliyu Pokima is a seasoned cryptocurrency and rising applied sciences journalist with a knack for overlaying needle-moving tales within the area. Aliyu delivers breaking information tales, regulatory updates, and insightful evaluation with depth and precision. When he isn’t poring over charts or following leads, Aliyu enjoys enjoying the bass guitar, lifting weights and working marathons.

Disclaimer: The introduced content material could embrace the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty on your private monetary loss.





Source link

Tags: BreakoutCupeyesformshandlePatternPriceResistanceSolana
Previous Post

Tariff troubles: A rubber duck museum is migrating to Canada to stay afloat

Next Post

Bitcoin NFTs Pump +70% In Daily Sales, As BTC Nears ATH

Related Posts

Vietnam Unveils Blockchain Backbone for National Data Security
Cryptocurrency

Vietnam Unveils Blockchain Backbone for National Data Security

July 27, 2025
Analyst Predicts Bitcoin May Hit 0K if 0K Support Holds
Cryptocurrency

Analyst Predicts Bitcoin May Hit $130K if $110K Support Holds

July 27, 2025
This single point of failure can kill web3’s dream of an open, decentralized internet
Cryptocurrency

This single point of failure can kill web3’s dream of an open, decentralized internet

July 26, 2025
Pump.fun rumored to launch incentive campaign with $PUMP rewards to claw back market share from LetsBONK
Cryptocurrency

Pump.fun rumored to launch incentive campaign with $PUMP rewards to claw back market share from LetsBONK

July 27, 2025
Billionaire Mike Novogratz Says Ethereum Will Enter Price Discovery If It Takes Out This Level
Cryptocurrency

Billionaire Mike Novogratz Says Ethereum Will Enter Price Discovery If It Takes Out This Level

July 26, 2025
Forexus Drops An NFT Coin – Public Phase Sells Out In Minutes
Cryptocurrency

Forexus Drops An NFT Coin – Public Phase Sells Out In Minutes

July 27, 2025
Next Post
Bitcoin NFTs Pump +70% In Daily Sales, As BTC Nears ATH

Bitcoin NFTs Pump +70% In Daily Sales, As BTC Nears ATH

Cybersecurity in Banking: Fortifying Finances in the Digital Age by Securing Transactions and Ensuring Trust

Cybersecurity in Banking: Fortifying Finances in the Digital Age by Securing Transactions and Ensuring Trust

Ethereum Prints Classic Wyckoff Accumulation – Bull Phase Incoming? | Bitcoinist.com

Ethereum Prints Classic Wyckoff Accumulation – Bull Phase Incoming? | Bitcoinist.com

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Binance Now Accepts Circle’s Yield-Bearing USYC Token for Institutional Collateral
Cryptocurrency

Binance Now Accepts Circle’s Yield-Bearing USYC Token for Institutional Collateral

by PWC
July 24, 2025
0

Binance has built-in Circle’s USYC token into its platform, permitting institutional purchasers to make use of this tokenized cash market...

‘Almost no way this claim is remotely true’: Economics expert dismantles Trump’s math

‘Almost no way this claim is remotely true’: Economics expert dismantles Trump’s math

July 23, 2025
Is Private Equity a Wolf in Sheep’s Clothing? | Investing.com

Is Private Equity a Wolf in Sheep’s Clothing? | Investing.com

July 26, 2025
Astronomer CEO’s ‘kiss cam’ controversy sparked over  million in prediction markets bets on his ouster

Astronomer CEO’s ‘kiss cam’ controversy sparked over $7 million in prediction markets bets on his ouster

July 21, 2025
Centre has given Rs 49,330 crore as subsidy on fertilisers during April-July this year: Minister

Centre has given Rs 49,330 crore as subsidy on fertilisers during April-July this year: Minister

July 25, 2025
Posthaste: 'Buy Canadian' is going strong except in one very important marketplace

Posthaste: 'Buy Canadian' is going strong except in one very important marketplace

July 22, 2025
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.