Solana (SOL) is gaining today, May 8, as most Altcoins Edge is higher after Bitcoin raised about $ 100,000. Sol gains are not only stem from bullish feelings across the broader market, but also from the growing network activity. Dex sizes over Blockchain exceeded half a trillion dollars in 2025 alone.
At the time of the press, Sol is trading at an altitude of $ 152, and while the bulls defend the level of decisive support of $ 141, the following upward leg may push Solana to $ 180.
Solana Price Eyes $ 180 with difficulty
The Sol Daily price scheme, as shown below, clearly explains that altcoin has been fluctuated inside an upward parallel channel for about a month. While the upward trend exposes signs of weakness after the channel’s midfield, the bulls successfully defend the level of decisive support at $ 141.
More buyers are likely to intervene at the current price as the sound profile tapes imagine that this level has previously attracted great sizes from the purchase side. If it is rhymes, Solana Price may gather and explode from the channel to $ 180.
This upward trend is supported by the increasing relative power index, which indicates that the bullish momentum grows strongly. Thus, if Sol reaches $ 180 and removes the following resistance at the POC line of $ 218, it can start raising a rally to the previous ATH of $ 295.
The 500 billion dollar Dex sizes of Solana might nourish an explosive gathering
One of the factors that will feed the explosive price gathering as Sol defends decisive support. Data from Defillalama shows that in 2025 alone, Blockchain recorded more than $ 500 billion in DeX sizes, especially higher than any other layer network.
In comparison, Ethereum, the largest network by Defi TVL, recorded $ 300 billion in DeX sizes in 2025. However, Ethereum Blockchain still performs Dex sizes at an amount of $ 3.03 trillion, especially Sol 1.2 trillion dollars.
Most of the folders that go to Solana are metal currencies, such as Data from Coingecko He explains that during the past 24 hours, the ceiling of the Sol Meme Coin market increased by 10 % to 10 billion dollars. With the growth of dominance in the Meme currency industry, it inflated the possibility of Solana Price to shoot to $ 180 soon.
A long/short rat ratio reaches a monthly height with OI’s height
The long/short percentage has increased since Tuesday and reached the highest level in one month at 1.05, according to Coinglass. This height indicates a larger number of traders who open long sites of short positions where they expect the price of Sol to continue. The accumulation of long situations supports Solana’s Saudi price forecasts as it shows a positive feeling in the market.
This increase rate coincides with the increase in open interest, which reached 5.84 billion dollars, and is close to the highest level in two weeks. With the growth of Solana due to the bull’s location, it supports the upscale thesis that the collapse to $ 180 is looming on the horizon, after which Sol PRICE will aim to its highest previous levels ever.
Related questions (common questions)
The Solana Price price can reach $ 180 after the Dex sizes exceeded $ 500 billion. The prosperous network activity may lead Sol to this resistance level to the highest level ever.
One of the factors that affect the growing Solana DeX activity is the MEME activity, with a total of 10 billion dollars in the maximum Sol Meme Coin market.
The long/short percentage shows that most merchants open long sites on Solana. This indicates that they expect the continuous upward trend to continue.
Metouni
Muthoni Mary is an analyst and writer in the veteran encryption market that has more than three years of experience in dissecting Blockchain trends, price movements, and market dynamics. Through the acute eye of technical analysis and an in -depth understanding of the scales on the series, it provides insightful -based content that helps investors to move in the world of fast -paced digital assets.
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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