Solana (SOL) Price Prediction Heats Up—18% Jump on EMA Break
By: fxleaders|2025/05/10 17:30:05
0
Share
Solana (SOL) is on fire, up 18% this week and about to break above the 50 week EMA. Investors are watching closely as Solana approaches a key point in its chart. In early 2024 Solana dipped below the 50 week EMA and fell to $100 on April 7. But since then SOL has recovered and reclaimed the 100 week and 200 week EMAs. Now as it approaches the 50 week EMA again the price action is set to get even more bullish. Historical Patterns are Bullish Solana’s price is heavily influenced by historical patterns and right now the conditions are in place for it to continue upwards. A great example of this was in October 2023 when SOL broke above the 50 week and 100 week EMAs. Then it consolidated above those levels and rallied 515% by March 2024. The RSI was below 50 during both the October rally and the current setup. The RSI has since bounced above 50 which is a reversal signal. If Solana can hold above the 50 week EMA the price targets could be $250-$350 by September 2025. Liquidity Inflows and DeFi Dominance In addition to the technicals Solana is getting more love from the wider crypto ecosystem. In the last 30 days over $165 million in liquidity has been bridged to Solana from other blockchains like Ethereum , Arbitrum and BNB Chain. This is a sign of increasing confidence in Solana’s scalability and performance. More evidence of Solana’s dominance is its performance in DeFi. According to DefiLlama Solana had the highest DEX volumes of 3.32 billion in the last 24 hours and 28.99% market share among other blockchains. Solana is a force to be reckoned with in DeFi and that’s bullish for the network. Solana Technical Analysis – May 10, 2025 Solana SOL/USD is currently at $171.62 and approaching the 1.618 extension level of $167.47 a key level that traders watch for profit taking. The recent rally above the 200 period EMA at $159.99 is strong and SOL is consolidating just below the 2.272 extension at $178.39. If the bulls can hold this level and break above $173.85 there’s more upside. Trade Setup: Key Points: As Solana attracts more liquidity and sees steady DeFi activity the crypto is set to breakout in the coming months. Investors are watching these levels closely for a sustained move.
You may also like
Polymarket Underlying Algorithm Explained
It may be the only article on Twitter that clearly explains all the underlying design of Polymarket in plain language.
What do projects born in the crypto bear market do?
From January to April, RootData has recorded over 1,070 new projects, a decrease of about 32% compared to the same period last year.
a16z founder's Stanford lecture: Whenever Wall Street and Silicon Valley have different ideas, it's Wall Street that ends up being wrong
Ben Horowitz, co-founder of a16z, delivered a powerful talk: The two traditional moats of software in the AI era have been erased, and entrepreneurs must seek "new barriers" beyond code and UI.
Michael Saylor: After three consecutive quarters of losses, Strategy will sell Bitcoin to pay dividends
After MSTR's financial report showed continued net losses, Saylor changed his stance: Bitcoin is no longer "never to be sold" and can be used as a payment tool.
The toll station at Hormuz and the RMB that cannot be bought
The disorder of the US dollar is giving rise to a new situation in global settlement: gold is being redefined as a "bridge," the CIPS system is expanding rapidly, and global funds are quietly opening up a new channel for the renminbi, which is "hard to obtain."
Interview with Coinbase Institutional's Strategic Head: The Institutionalization of Crypto Reaches a Critical Point
Coinbase executives provide an in-depth analysis: Unfazed by short-term market panic, institutions are accelerating their entry, and tokenization along with the "exchange of everything" is about to completely reconstruct the global financial infrastructure.
Dialogue with Agora CEO Nick: The battle for stablecoin licenses has just begun
Agora strikes: officially applies for a federal trust bank license in the United States, elevating from a stablecoin issuer to "underlying financial infrastructure," targeting the trillion-dollar enterprise payment and B2B settlement market.
Morning Report | a16z Crypto completes $2.2 billion fundraising for its fifth fund; Bullish invests $4.2 billion to acquire share transfer agency Equiniti; PayPal's Q1 performance exceeds expectations
Overview of Important Market Events on May 5th
a16z Crypto: What We See Behind the $2.2 Billion New Fund
After the noise subsides, what remains is often more useful than it appeared at its peak and more enduring than it seemed at its lowest point.
Web3 is dead, Web2+3 should rise
We are not aiming to hold a self-indulgent party for Web3 practitioners, but rather to build a bridge for rational connection between Web2 and Web3.
Stablecoins and Latin American Remittances: The Misunderstood $174 Billion Market
In the Latin American remittance market, the real protagonists have never been the young people speculating on cryptocurrencies, but rather the 50-year-old workers who send money to their mothers every month. They don't care about blockchain; they only care about whether the money has arrived.
The arrival of the Web 3.0 era: A review of Hong Kong court rulings on digital assets
Hong Kong judiciary landmark: The court officially recognizes cryptocurrency as legal property and introduces the "tokenized injunction" to track and freeze involved funds, comprehensively upgrading the protection of digital asset investors.
Track Markets At a Glance: New WEEX Price Widgets for iOS & Android
To streamline your market data access, WEEX has officially launched "Market Watchlist" desktop widgets
The billion-dollar lesson: The focus of DeFi security is shifting from code to operational governance
Warning of nearly $1 billion loss in DeFi: Security pain points have shifted from code vulnerabilities to permissions and operations. Introducing TradFi bank-level risk control and AI defenses is the way to balance openness and security.
A Brief Analysis of Stablecoin Licenses and On-Chain Funding
Hong Kong accelerates the layout of digital finance, providing a panoramic analysis of the evolution of three major on-chain financial forms: central bank digital currency, deposit tokens, and stablecoins, along with future opportunities.
BVNK Founder: Three Stages of Stablecoin Development
Once payments become faster, cheaper, and globally interconnected, stablecoins will not just open up a new market, but a new realm with boundaries that are not yet visible today.
The truth about Trump's son's Bitcoin game: he made a staggering $100 million while retail investors lost $500 million
The Trump family has a family skill: to exaggerate and make something sound bigger than it actually is.
What Is Futures Trading? Hours, Platforms, and How to Start Trade Futures(2026 Guide)
Learn how to start futures trading, understand trading hours, and choose the best futures trading platform. Includes real data, strategies, and ways to maximize returns with rebates.
Polymarket Underlying Algorithm Explained
It may be the only article on Twitter that clearly explains all the underlying design of Polymarket in plain language.
What do projects born in the crypto bear market do?
From January to April, RootData has recorded over 1,070 new projects, a decrease of about 32% compared to the same period last year.
a16z founder's Stanford lecture: Whenever Wall Street and Silicon Valley have different ideas, it's Wall Street that ends up being wrong
Ben Horowitz, co-founder of a16z, delivered a powerful talk: The two traditional moats of software in the AI era have been erased, and entrepreneurs must seek "new barriers" beyond code and UI.
Michael Saylor: After three consecutive quarters of losses, Strategy will sell Bitcoin to pay dividends
After MSTR's financial report showed continued net losses, Saylor changed his stance: Bitcoin is no longer "never to be sold" and can be used as a payment tool.
The toll station at Hormuz and the RMB that cannot be bought
The disorder of the US dollar is giving rise to a new situation in global settlement: gold is being redefined as a "bridge," the CIPS system is expanding rapidly, and global funds are quietly opening up a new channel for the renminbi, which is "hard to obtain."
Interview with Coinbase Institutional's Strategic Head: The Institutionalization of Crypto Reaches a Critical Point
Coinbase executives provide an in-depth analysis: Unfazed by short-term market panic, institutions are accelerating their entry, and tokenization along with the "exchange of everything" is about to completely reconstruct the global financial infrastructure.
Popular coins
Latest Crypto News
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
