🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
Solana Holds Firm at $150 Support as Analysts Eye a Rebound Toward $200, Here’s the Outlook
Solana holds strong near $150 support, showing steady recovery and renewed market momentum.
Analysts target $200 as the next key level, with potential upside extending toward $300.
Network activity and liquidity remain consistent, reinforcing Solana’s stable on-chain and market structure.
Solana (SOL) continues to maintain strength around the $150 level, showing steady recovery after the recent market correction. This support zone has remained reliable, and technical data suggest that momentum is gradually rebuilding. Analysts are monitoring a potential move toward the $200 level, which may open the path toward the $300 range. At the time of writing, Solana was trading at $163.04.
SOL Price Structure Shows Steady Recovery
According to analysis prepared by Crypto Pulse, Solana has shown strong resilience following a sharp decline from above $190. The asset leveled around $150 and then recovered to higher levels around the range of $144-$165, establishing a consolidation range. This pattern reflects renewed buying activity and the rebuilding of short-term strength.
The 4-hour chart shows SOL trading slightly above $156, with key support positioned near $150. Technical indicators record moderate momentum after recent volatility, while volume data confirm steady inflows. Crypto Pulse stated, “Our first target remains $200, which aligns with a key technical level, and once we confirm strength there, we’ll start looking toward larger upside targets in the $300+ range.”
Source: DeFiLlama
Market data from DeFiLlama show total value locked (TVL) at $10.097 billion, a slight 0.97% daily decrease, while stablecoin capitalization reached $13.844 billion. Chain fees over the past 24 hours totaled $661,513, and chain revenue stood at $99,191. These figures indicate that network activity remains consistent, supporting Solana’s broader recovery.
Technical Signals Indicate Possible Upside Momentum
According to an observation by Ali Charts, the TD Sequential indicator flashed a buy signal on the daily chart. Holding the $150 support remains crucial for maintaining upward momentum
Source: AliCharts(X)
Solana recently traded between $145 and $185, with reduced trading volume signaling consolidation before a potential move higher. Active addresses were 2.1 million, and the volume of decentralized exchange (DEX) trading was $3.566 billion in 24 hours.
The ecosystem also recorded $43.916 billion in bridged TVL, showing steady network engagement. Analysts observe that any continued action above $200 will validate a larger trend shift to premium prices in the following sessions.
The post Solana Holds Firm at $150 Support as Analysts Eye a Rebound Toward $200, Here’s the Outlook appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.