Solana breaks key resistance to go to historical maximums

The price of Solana (Sol) broke the historical resistance of 178 dollars, a level that had acted as a roof in previous cycles, and now takes impulse to exceed the barrier of 200 dollars.

At the time of publication of this note, Sol is negotiated in $ 190, 34% below its historical maximum (ATH) of $ 294.

Solana price chart.Solana price chart.
Sun Quote from 2024 to July 2025. Source: TrainingView.

In the previous graph, the blue line represents the key resistance of 178 dollars, A technical level that has stopped the advance of Solana.

As explained in cryptopedia, cryptootic educational section, the term resistance is an area in which sellers tend to appear strongly, making it difficult for the price to continue rising.

In the case of Sol, the $ 178 coincide with the “neck” of a cup figure with handle. It is a highly valued figure in the technical analysis, since It usually indicates a continuation of the previous upward trend. As can be seen in the following graph, this figure has been forming since the beginning of 2025.

Solana price chart. Solana price chart.
Solana broke a technical analysis pattern known as cup with handle. Source: TrainingView.

For Mirjan Hipolito, financial market analyst, overcoming that resistance, the trend change pattern was validated and the door opened to a rise around 200 and up to 230 dollars.

Solana’s good performance is explained by the current euphoria in the digital asset market.

As cryptootics has reported, the market is experiencing a rotation cycle, in which Investor money flows from Bitcoin (BTC) to Ether (ETH) and cryptocurrencies with greater market capitalization.

In turn, it should be noted that Sol has been favored by the good performance of the memecoins that inhabit their ecosystem, such as Bonk (Bonk) and the Token Pudgy Penguins (Pengu), which at the time of writing this note register weekly increases of 31% and 32%, respectively.

Finally, it is worth mentioning that Interest in the Solana ecosystem has increased since the launch of a bottom -listed background (ETF) Sun with staking.

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