Solana’s Bullish Ascending Triangle Signals Potential Surge to $180

Solana (SOL) is showing strong bullish signals as it consolidates NEAR the $167 level, with technical analysis suggesting a potential breakout toward $180. The formation of an ascending triangle pattern, marked by higher lows and a flat resistance at $171, indicates growing momentum. Analysts like Ali emphasize the importance of a confirmed resistance breach, which could propel SOL to new highs. As of May 22, 2025, SOL is trading at $178.61 USDT, with market participants eagerly awaiting decisive momentum to validate the upward trajectory.

Solana Could Soon Surge to $180 After Forming Bullish Ascending Triangle

Solana’s price action suggests a potential breakout toward $180 as it consolidates near the $167 level. The ascending triangle pattern, characterized by higher lows and a flat resistance at $171, signals bullish momentum if confirmed by trading volume.

Technical analyst Ali highlights the significance of this resistance breach, which could accelerate gains. Market participants await decisive momentum to validate the upward trajectory, with SOL’s current positioning near last week’s breakout zone reinforcing optimism.

Solana Price Forecast Indicates $200 Incoming This Weekend After Volumes Surge

Solana’s price momentum accelerates as broader crypto markets rebound, with SOL gaining 1.5% amid growing network adoption. The rally coincides with Chainlink’s developer initiative offering mentorship and tools for Web3 projects on Solana, fueling new dApp and DeFi activity.

Meme coin traction and presale successes like Unilabs Finance further bolster Solana’s ecosystem. Technical indicators suggest the $200 threshold could be tested within days as trading volumes spike.

Canary Capital Amends Solana ETF to Include Staking Rewards

Canary Capital has revised its solana ETF filing with the SEC, incorporating staking rewards through a partnership with Marinade Finance. The fund, now rebranded as the ’Canary Marinade Solana ETF,’ will leverage Marinade’s DeFi protocol to generate passive yields for investors.

The SEC has delayed its decision on the Solana ETF, with analysts projecting a 90% approval likelihood by Q4 2025. This strategic move positions Canary Capital at the forefront of yield-bearing crypto ETFs, mirroring the success of similar products in the ethereum ecosystem.

Fartcoin Price Prediction: 45% Rally Sparks Debate on $2 Target

Fartcoin (FARTCOIN), a Solana-based meme coin born from an AI experiment involving Elon Musk-themed humor, has surged 45% in the past month. Traders are now speculating whether the token can breach the $2 threshold—a level last seen in January.

The coin gained traction after launching on pump.fun in October 2024, later going viral on social media platforms. Its value proposition lies purely in community-driven humor rather than utility, with the recent price action highlighting the volatile nature of degenerate meme coin markets.