Solana (SOL) exceeded the critical resistance level of $ 170, and this has sparked speculation about whether the upper part of Altcoin will lead the Altcoin 2025 season. Solana gains coincide with an increase in the Altcoin season index as most of the TRIL Bitcoin, which caused the $ 103,000 rally that fed the feeling of joy.
Solana Price up to $ 170, as the Altcoin 2025 season waves
Data from the Blockchain Center shows that the Altcoin season index has risen to 33, which represents its highest level since late February. The rise coincides with the rise in the Solana Price price to $ 170, but it still has to cross 75 to make sure that the Altcoin season has already started.
However, the founder of MN Capital Michael Van De Poppe notes that altcoins will likely extend gains, saying,
“The market value of Altcoin against Bitcoin is still highly difficult.
With the high temperature of the Altcoin season, several major indicators appeared indicating that the price of Solana will be likely to be at the top of the leaders.
The main indicators Solana hint will lead the altcoin season
Several indicators indicate that Solana Price is likely to surpass the broader market and lead the Altcoin 2025 season. These indicators include:
- Solana Mimi currency frenzy
- Solana Blockchain growth
- 109 million dollars waved on the horizon short qualifiers
- The upcoming technical expenses
Sol Mimi frenzy currency
One of the most important reasons why Solana Price has outperformed other symbols before the 2025 ALTCOIN season is the ongoing Sol Meme Coin. As COINGAPE mentioned, the Solana Meme currencies outperform the rest of the market, as the total value increases by 13 % to $ 13 billion, according to Data from Coingecko.
The frenzy towards these metal coins that fed the Soul Rally led to the highest level ever in January. If rhymes history, this altcoin helps huge gains in the short term and may outperform the rest of the market.
Solana Blockchain growth
Data from Defillalama depicts a remarkable growth in Solana Blockchain’s activity. Defi TVL rises to the network and reached $ 10.51 billion, which represents its highest level in nearly three months. At the same time, the number of transactions and Dex sizes sit at several months level levels.
Since Solana Blockchain records a significant growth, the Sol price is likely to rise, and it may easily outperform the wider encryption market. If this happens, the next altcoin season may lead.
109 million dollars short risks at $ 175
The Solana Liquidation Map shows that more than $ 109 million in short sites is at risk of liquidation if the Sol price reaches $ 175. At the time of the press, Sol is trading at $ 171, which is 2 % away from this liquidation level. More short situations also risk filtering as Sol approaches $ 180, and with the purchase side pressure from these filters, Altcoin may be about to explode the bullish trend.
Solana is approaching the main resistance area
The Solana price is also close to a major resistance area, and if he can provide a decisive closure over it, it may be provided with the operation of the next bull, which may push it to its highest levels and outperform the rest of the encryption market. The violation of this region will create the following upward leg to $ 242, after which the highest level may be reached above $ 300.
The ADX line rises, indicating that the bullish momentum is gaining strength. Meanwhile, the RSI line rises on the daily chart, and this indicates that the purchase force is strong enough to support the prediction of Solana’s Saudi prices.
A mixture of upward technical indicators, which is a continuous MIM madness on Solana Blockchain, 109 million dollars is possible squares possible, and the growing Defi activity indicates that Sol PRICE is likely to outperform the broader encryption market. If this happens, Solana may lead the 2025 altcoin season.
Related questions (common questions)
Solana PRICE may lead to the 2025 altcoin season while aligning many upscale indicators. The growing Mimi currency group explains on Blockchain, short references waving on the horizon, Blockchain growth, and strong technical expectations why this might happen soon.
Some indicators that will affect the next SolaNA price raised include an increase in the Blockchain activity caused by Sol Meme. Short references and strong technical expectations will also pay gains.
The main resistance area is located to see the Sol price between $ 182 and $ 188. If Solana is able to form a decisive closure over this area, it may raise a strong upward trend.
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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