Solana Bulls Eye $178 as SOL Breaks Key Resistance Levels

Solana's SOL token has surged past $155, entering a bullish phase as it challenges the $160 resistance level. Trading above its 100-hour moving average, technical indicators suggest sustained upward momentum. A decisive break above $165 could pave the way for a rally toward $178, with the $155 trendline acting as critical support. Market participants are closely watching for a potential continuation pattern similar to Bitcoin and Ethereum.

Solana (SOL) Spikes to $160 — Will Bulls Power Past This Wall?

Solana's SOL token surged past $155, marking a bullish phase as it challenges the $160 resistance level. The asset now trades above its 100-hour moving average, with technical indicators suggesting sustained upward momentum.

A decisive break above $165 could open the path toward $178, while the $155 trendline serves as critical support. Market participants watch for a potential continuation pattern akin to bitcoin and Ethereum's recent rallies.

Bullish and Solana Partner to Enhance Stablecoin Utility in Trading

Bullish, a digital asset exchange with over $1.4 trillion in trading volume, is integrating Solana-native stablecoins into its infrastructure. The collaboration with the solana Foundation will leverage Solana's blockchain for custody, payments, trading, and settlement operations. This move underscores the growing institutional preference for high-performance networks to streamline financial transactions.

Solana's speed and cost efficiency are central to Bullish's strategy, as the exchange averages $2.5 billion in daily spot trading volume. The partnership also aims to co-develop regulatory-compliant and scalable infrastructure, further solidifying Solana's role in institutional-grade blockchain solutions.

Viral Meme Coin PENGU Surges 29% Amid Spot ETF Speculation

PENGU, a Solana-based memecoin, rallied nearly 29% in 24 hours following the SEC's acknowledgment of a Canary Spot PENGU ETF filing. The token now trades at $0.01902 with $431M in daily volume, fueled by trader anticipation of broader institutional adoption.

Analyst Ali charts a bullish retest at $0.013, projecting a $0.060 target by August. Resistance levels at $0.032 and $0.044 may precede this climb, while open interest surpassing $176M reflects strong market conviction. 'This is just the start,' Ali tweeted, suggesting further upside potential post-ETF approval.

Solana Breaks Bullish Pattern as Whales Accumulate, Eyes $184.82 Target

Solana has surged past a key technical formation, with whales and Leveraged traders fueling optimism. A $12.65 million long position by vladilena.eth at $153.79—just below current prices—signals strong conviction, while the cup-and-handle breakout suggests potential upside toward $184.82.

Trading volume remains a concern, but the pattern's textbook structure and whale activity create a compelling bullish case. Market participants now watch for confirmation at $155.76, where sustained buying pressure could trigger accelerated gains.