Solana Surges Past $190, Targets $210 Amid DeFi Expansion

25/08/2025 11:15

Solana (SOL) has surpassed the $190 resistance level, now acting as strong support, and is eyeing $210 with significant technical momentum. The cryptocurrency's price has climbed above $200, bolstered by moving averages, RSI, and MACD indicators, suggesting sustained bullish momentum. On the one-hour chart, SOL rose from $180 to $209.72, with trading volumes spiking during the breakout, indicating a structural shift. Solana's DeFi ecosystem has expanded, with total value locked reaching $11.3 billion, and stablecoin liquidity contributing to market stability. Institutional interest is also on the rise, underscored by VanEck's Solana ETF filing and the EU's infrastructure review, further supporting Solana's bullish market structure.

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