Solana’s MACD Signals Potential Breakout Amid Renewed Bullish Momentum

Solana (SOL) is showing signs of a potential breakout as technical indicators, particularly the MACD, curl upward on the weekly chart. With a recent crossover above the signal line, analysts are eyeing this as a precursor to significant price movements. Despite a previous bearish divergence that led to a correction, the current momentum suggests renewed bullish interest. As of May 24, 2025, SOL is trading at 174.90 USDT, and market watchers are closely monitoring for a possible upward surge.

Solana MACD Curling Up – Is This The Prelude To A Breakout?

Solana (SOL) is exhibiting renewed bullish momentum as technical indicators flash early signs of a potential breakout. The weekly chart shows the MACD curling upward with a recent crossover above the signal line—a classic precursor to significant price movements.

Market analyst Willjayducks highlights a critical bearish divergence that preceded Solana’s recent correction. The discrepancy between price action and weakening RSI/MACD readings during its blow-off top phase now gives way to rebuilding momentum. Traders are positioning for what could be the start of a sustained rally.

Kalshi Prediction Market Now Accepts SOL Deposits Through Zero Hash Partnership

U.S.-regulated prediction platform Kalshi has integrated solana deposits in collaboration with crypto infrastructure provider Zero Hash. The move marks the first time users can fund accounts directly with SOL, bypassing traditional fiat gateways.

Zero Hash will handle transaction processing, USD conversion, and regulatory compliance for the SOL deposits. The integration targets Kalshi’s crypto-savvy user base, aiming to boost activity on crypto-related event contracts. As a CFTC-regulated venue, Kalshi’s adoption of SOL signals growing institutional recognition of Solana’s payment utility beyond speculative trading.

Kraken to Offer Tokenized Stock Trading for Non-US Users via Solana and Backed

Kraken is set to launch tokenized stock trading for non-US users, expanding access to US equities through digital assets. The service, developed with Backed, will feature shares of major companies like Apple, Tesla, Meta, and Nvidia.

Branded as "xStocks," the offering will integrate with Solana-based DeFi protocols, enabling 24/7 trading across Europe, Latin America, Africa, and Asia. This MOVE aligns with growing institutional demand for seamless crypto-equity hybrids.

Kraken to Launch 24/7 Trading of Tokenized U.S. Equities on Solana

Kraken is set to revolutionize traditional finance with the introduction of xStocks, a new service enabling 24/7 global trading of tokenized U.S. equities. Over 55 stocks and ETFs, including Apple, Tesla, and Nvidia, will be available as tokens on Solana, integrating with its top DeFi applications.

The move comes amid a regulatory shift in the U.S., with President Trump easing crypto rules. Kraken’s bold initiative follows years of legal challenges with the SEC, marking a significant step in the exchange’s evolution.

xStocks will launch in the coming weeks, offering investors unprecedented access to round-the-clock trading of major equities. The service underscores Kraken’s commitment to bridging traditional and decentralized finance.

Kalshi’s Solana Integration Opens New Liquidity Channels for SOL

Solana holders can now directly deploy SOL tokens into Kalshi’s prediction markets, bypassing stablecoin conversions. This integration is expected to accelerate on-chain circulation as balances move between wallets and the platform.

The move introduces fresh utility for SOL beyond its dominant use cases in DEX trading and meme coin speculation. At its May peak, Solana’s DEX volumes exceeded $45 billion, with meme coins representing 65% of activity.

Prediction markets now enable SOL staking across diverse events—from weather forecasts to election results and pop culture milestones like GTA 6’s release. This diversification could stimulate broader token demand across market verticals.

Solana Eyes $200 as Bullish Momentum Builds

Solana (SOL) is gaining traction as it climbs toward the critical $200 level, recently reaching $186. The surge reflects a strengthening short-term uptrend, confirmed by a breakout from a consolidation phase. Momentum indicators are turning positive, suggesting the potential for further gains if market conditions align.

A key technical development is the 26-day EMA crossing above both the 50- and 100-day EMAs. While not a traditional golden cross, this alignment indicates strong short-term bullish sentiment and growing investor interest. This setup could serve as a launching pad for a sustained rally toward the $200 threshold, a psychologically significant resistance level.

Volume trends are reinforcing the breakout, with increasing buying pressure supporting the upward move. However, caution remains. The 200-day EMA and other long-term indicators suggest potential resistance ahead.