Solana Price Ready to Explode or Fakeout Incoming?
Solana (SOL) , one of the top-performing altcoins of the last cycle, is now facing a critical technical moment. After a turbulent start to 2025 marked by a prolonged downtrend, the token is showing early signs of a potential trend shift. With recent price stabilization and a gradual climb from local lows, traders and investors alike are watching closely for the next big move. Is Solana preparing for a breakout that could reignite bullish momentum, or is this just another deceptive bounce before further downside? Let’s dive into the charts and indicators to find out what’s next.
Solana (SOL) has been slowly climbing out of a multi-week downtrend that began after its local high near $210 in late December 2024. After bottoming out near the $120 level in early March, SOL price has shown signs of stabilization. This latest consolidation phase hints at an impending breakout—or a potential fakeout that could catch traders off guard.
On the daily chart, SOL price has reclaimed the 20-day Simple Moving Average (SMA) and is attempting to establish support above it. However, the price is still below the 50-day and 100-day SMAs, which currently act as dynamic resistance levels near $154 and $183, respectively. The 200-day SMA—hovering at approximately $183.28—remains a long-term ceiling, emphasizing that SOL still needs to prove itself before a full-blown bullish trend resumes.
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Momentum indicators paint a mixed picture. The Relative Strength Index (RSI) sits at 48.29, marginally below the neutral 50 mark. While this shows recovery from the oversold levels seen earlier in March, it also reflects hesitation. RSI’s inability to push above 50 suggests that buying pressure remains tentative, and a sharp move in either direction could follow.
It’s worth noting that the RSI has formed a higher low, which typically precedes a price rally. But for confirmation, the RSI must break above 55–60 territory. Until then, the risk of range-bound or downward movement still lingers.
On the support side, $130 stands out as the immediate psychological and technical level. If SOL fails to hold above this zone, the next major demand region lies around $120, where the recent bottom was formed.
On the upside, the $145–$155 range represents the first major challenge, aligning with both price structure and the 50-day SMA. A clean breakout above this band would open the gates to $170 and potentially retest $183—where the 200-day SMA looms. A daily close above $183 would be a strong bullish signal, possibly triggering a momentum-driven rally toward $200+ levels.
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The current chart structure resembles a rounded bottom pattern with a tightening price range. This pattern often precedes a breakout move, and the confluence of narrowing candles with rising volume could confirm such a move soon. However, without a decisive close above $155 and sustained buying pressure, the risk of a bull trap remains high.
Volume analysis and RSI divergence will be critical in the next few sessions. If buyers step in strongly on higher-than-average volume while RSI climbs above 50, it may validate a genuine breakout. On the contrary, a failed test of the $145–$150 resistance zone followed by a breakdown below $130 would likely trigger a retest of March lows.
If bulls manage to push Solana price above $155 in the next few days, the next price target lies around $170, with a bullish extension potentially reaching $200 within the next few weeks. However, failure to do so could result in a pullback toward $130 or even $120 before any sustainable rally takes place.
Overall, Solana is at a pivotal technical juncture. The price is compressing between short-term moving averages and horizontal resistance, indicating a strong move is imminent. Whether it's upward or downward depends on how price reacts to the $145–$155 resistance range in the coming sessions.
Falcon Finance Unlocks Beta Access for Select Community Members to Mark $90M Milestone
The FOMO to gain entry to Falcon Finance’s closed beta is palpable. Who’d have thought stablecoins could be so exciting? Of course, it helps that institutions as well as retail have been among the early testers, with the industry-beating 22% APY to be earned serving to incentivize uptake. Now, to celebrate hitting $90M in TVL, Falcon has opened its closed beta to the community – but there’s a catch.
Falcon Finance has granted beta access to just five community members. Given the level of demand for accessing the synthetic dollar protocol, this hasn’t been enough to sate the masses. But it has at least upped the excitement as community members clamored to complete the simple tasks asked of them in order to participate.
For the thousands of others champing at the bit to get involved, they shouldn’t have to wait too much longer. Falcon is readying plans to exit its closed beta, allowing the general public to participate, though has yet to announce the date when this will occur. In the meantime, things appear to be ticking over smoothly for those fortunate enough to have gained beta access.
The reason why onchain users have taken such a keen interest in Falcon’s stablecoin protocol is on account of the eye-watering yield that it can generate, currently averaging over 22%. To take advantage of this, users must first deposit their crypto asset of choice – Falcon supports more than a dozen tokens including stablecoins as well as ETH, BTC, and some smaller cap assets such as POL. After depositing funds into its protocol, Falcon issues USDf, a general-purpose stablecoin, albeit one whose primary purpose is for staking, because that’s where the yield lies. After staking USDf, users will mint a corresponding amount of sUSDf and begin earning yield on their holdings, with the ability to withdraw their assets at any time.
Falcon has been at great pains to emphasize the transparency of its service – not least on account of the institutions it’s trying to court. It operates as a compliant DeFi platform, which means users are required to complete KYC in order to mint USDf. All of its assets are securely custodied and there are monthly audits attesting to their integrity.
As for the question of where the yield comes from, Falcon claims to use “advanced statistical arbitrage algorithms to ensure consistent, risk-adjusted returns.” Among other things, it takes advantage of arbitrage opportunities and funding rate variations while maintaining a delta-neutral position. In other words, it’s neither long or short crypto: it’s just capitalizing on pricing discrepancies as and when they arise.
So far, it’s a strategy that’s working, as shown by the rising TVL and growing waitlist. A number of institutional clients are already onboard as well as various DeFi communities. Next stop: $100M TVL and that’s before the closed beta has been concluded.

🗞️ Need to catch up on the news? Here's our top 10 from today:
🔸 The FDIC is removing “reputational risk” from its bank supervision criteria, aligning with the OCC’s stance and signaling a shift away from Operation Chokepoint 2.0 tactics.
🔹GameStop’s board has unanimously approved an update to its investment policy to include Bitcoin as a treasury reserve asset.
🔸The Senate is expected to hold a final vote Thursday to nullify the IRS DeFi broker rule, potentially sending the resolution to President Trump’s desk by Friday.
🔹Crypto crime fighting organization, T3FCU has successfully frozen over $9 million linked to the Bybit hack.
🔸The SEC and Ripple have agreed to drop their remaining appeals, with Ripple recovering $75M from escrow and the SEC keeping $50M, marking a likely final resolution to the long-running case.
🔹Fidelity, with over $800 billion in assets under management, files for a spot Solana ETF.
🔸World Liberty Financial to launch USD1, an institution-grade stablecoin fully backed by US Treasurys and cash equivalents.
🔹BlackRock expands its blockchain-based money market fund to Solana.
🔸BlackRock launches #Bitcoin ETP in Europe.
🔹Kentucky's Bitcoin Rights bill (HB701) has been signed into law.