Solana Surges Past $180 Resistance, Eyes $205 Amid Bullish Momentum
Solana (SOL) has successfully breached the $180 resistance level, signaling a strong bullish trend with technical indicators supporting further upward movement. The cryptocurrency is now targeting $205, backed by robust trading volume and growing investor interest. As of May 25, 2025, SOL’s price stands at $176.75 USDT, reflecting a 6.48% weekly increase. The recent retest of $175 as support has further solidified the breakout pattern, with MACD and RSI readings indicating sustained momentum. Below is a detailed summary of Solana’s current market performance and future prospects.
Solana Breaks Key Resistance, Bullish Momentum Targets $205
Solana surged past the $180 resistance level, confirming a bullish trend with technical indicators pointing toward further gains. The cryptocurrency now eyes $205 as its next target, backed by strong volume and investor interest.
SOL’s price currently stands at $181.34, marking a 6.48% weekly increase. The asset retested $175 as support, reinforcing the breakout pattern. MACD and RSI readings suggest sustained upward momentum, though minor resistance NEAR $190 and $200 may slow progress.
With a $7.17 billion 24-hour trading volume and $94.74 billion market capitalization, solana demonstrates both stability and growth potential. Market sentiment remains positive as institutional and retail interest continues to build.
Kraken Launches Tokenized US Stocks on Solana via xStocks Initiative
Kraken, in partnership with Backed, has unveiled xStocks—a platform offering tokenized versions of US equities on the Solana blockchain. The service will operate 24/7 in select non-US markets, enabling trading, transfers, and use as DeFi collateral. This move capitalizes on growing demand for borderless financial infrastructure amid a perceived regulatory thaw under the current US administration.
The launch signals a strategic incursion into traditional finance’s domain, with Kraken positioning itself at the intersection of Wall Street and decentralized ecosystems. Solana’s high-throughput blockchain was deliberately chosen to support the anticipated trading volume and composability requirements.
Solana Founder Embraces Hyperliquid Rivalry as HYPE Hits New ATH
Solana’s co-founder Anatoly Yakovenko acknowledged Hyperliquid’s rising prominence as its native token HYPE surged 14.5% to a record $35.35. The rally coincided with a 53% spike in open interest to $9.4 billion and $5.4 million in daily trading fees, signaling intense market activity.
Yakovenko framed the competition as transformative, stating: ’The real competition that you pick or is picked for you will change you.’ The remarks position Hyperliquid’s ascent as a potential catalyst for evolution in on-chain U.S. equities trading.
Franck Muller Launches Limited Edition Solana Watch with Embedded Crypto Wallet
Swiss luxury watchmaker Franck Muller is bridging horology and Web3 with a Solana-inspired timepiece limited to 1,111 units. Priced at 20,000 Swiss francs ($24,300), the watch features an embedded QR code linking directly to the wearer’s Solana wallet—a bold fusion of high-end craftsmanship and crypto utility.
The launch arrives amid growing security concerns for crypto holders. Physical attacks targeting digital asset investors have surged this year, including a high-profile case involving the family of industry figure Pierre Noizat. Franck Muller’s MOVE signals luxury brands’ increasing embrace of blockchain technology, though it remains unclear whether the market will embrace such conspicuous crypto displays.
