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Altcoin

Solana Nears a Breakout

23 Apr 2025by CryptoJazz Admin1 min read4 views
Solana Nears a Breakout

πŸ”΅Solana has been steadily strengthening over recent weeks but has yet to break through the resistance level at $148. Despite this pause in upward momentum, positive investor sentiment and growing blockchain activity support the chances of a breakout above this key level. The number of active addresses has reached a two-month high, boosting confidence in the network and potentially serving as a catalyst for a new wave of growth.

πŸ”΅While the MACD indicator signals a possible weakening of the bullish impulse, the signs of slowdown are not yet critical. Support at $136 remains strong, and if Solana breaks above $148, it could confidently move toward the $150 mark.

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