Solana’s Bullish Breakout: On-Chain Growth and Technical Patterns Signal Potential New Highs

Solana (SOL) is making waves in the crypto market as it tests a critical resistance level at $179, backed by strong on-chain metrics and a promising technical setup. The token has surged 10.9% this week, riding the broader market rally. Key developments include a 50% jump in Total Value Locked (TVL) to $9 billion and over 3.3 million monthly active users, highlighting growing adoption. Technical analysts are eyeing a multi-year cup-and-handle pattern, which could propel SOL to record highs beyond $295. With the $189 level now in focus, Solana's bullish momentum appears well-supported by both fundamentals and market structure.

Solana Tests Key Resistance at $179 Amid Bullish On-Chain Metrics

Solana's SOL token surged 10.9% this week, mirroring broader crypto market gains as it challenges critical resistance near $179. The rally coincides with robust on-chain growth—Total Value Locked (TVL) jumped 50% to $9 billion, while monthly active users surpassed 3.3 million addresses.

Technical analysis reveals a multi-year cup-and-handle pattern suggesting potential for record highs beyond $295. The $189 level now serves as a decisive breakout zone, with thin order books above potentially accelerating upward momentum. Volume profiles show strong support at $145, where accumulation appears concentrated.

Solana Price Prediction: $500 Incoming? Smart Money Eyes Ethereum-Based Rival Remittix

Solana (SOL) is reigniting bullish momentum, trading above $180 after breaking key resistance levels. Technical analysis suggests a potential rally to $224, with longer-term targets NEAR $500. The breakout follows months of consolidation and an inverse head-and-shoulders pattern confirmation.

Institutional interest surges as Bit Mining leads a $300 million treasury initiative, joined by Classover Holdings and DeFi Development Corporation. Solana's staking ecosystem benefits from this corporate adoption wave.

Meanwhile, capital rotates toward Ethereum-based Remittix, touted as an undervalued utility token for 2025. The project's real-world applications are drawing attention from investors seeking alternatives to LAYER 1 giants.

Solana (SOL) Price Set for Lift-Off as $190 Resistance Cracks

Solana surged past the $190 resistance level, triggering over $11 million in short liquidations and fueling a 6.25% rally. The cryptocurrency now trades at $191, with weekly gains exceeding 14%.

On-chain data reveals thin supply above $190, with only 1.59% of SOL tokens acquired at higher prices. This scarcity of sellers could accelerate upward momentum if institutional inflows persist.

Market confidence grows as SOL products attracted $39 million in institutional capital last week. The liquidation cascade began with a $1.13 million position unwinding at $188, creating compounding buy pressure.

Jito Proposes New Block-Building Mechanism for Solana to Combat Sandwich Attacks

Jito, a leading validator on the solana network, has unveiled a groundbreaking proposal to overhaul the blockchain's block-building process. The Block Assembly Marketplace (BAM) aims to create private, optimized transaction pools that eliminate the risk of sandwich attacks—a persistent threat to Solana's DeFi ecosystem.

The new system addresses Solana's lack of a mempool by offering a secure venue for block construction. BAM's design ensures transparency and verifiability while preventing malicious front-running, which has plagued decentralized exchanges on the network. This innovation comes as Jito cements its role as a key infrastructure provider, having previously developed solutions for transaction ordering and gas fee optimization.

Solana's unique architecture, which traditionally lacked dedicated MEV builders, makes this development particularly significant. The network's complex legacy system has relied on validators like Jito to optimize block production through auction mechanisms. BAM represents the next evolution in this process, potentially setting a new standard for transaction processing in high-throughput blockchains.