{"id":15145,"date":"2025-08-20T14:10:32","date_gmt":"2025-08-20T13:10:32","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=15145"},"modified":"2025-08-20T14:10:34","modified_gmt":"2025-08-20T13:10:34","slug":"solana-sol-headed-towards-250-bull-trap-buyers-paradise","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/solana-sol-headed-towards-250-bull-trap-buyers-paradise\/","title":{"rendered":"Solana (SOL) headed towards $250: Bull trap or buyer’s paradise?"},"content":{"rendered":"\n

DeFi propels Solana to new heights<\/strong><\/h2>\n\n\n\n

HumidiFi has become the largest decentralized exchange (DEX<\/a>)<\/strong> on Solana, highlighting the network’s growing dominance in decentralized finance. Additionally, the integration of Bitlayer’s YBTC into Solana’s DeFi ecosystem via Kamino Finance and Orca has enabled the merging of Bitcoin-based assets. They leveraged the speed and efficiency<\/strong> of the Solana<\/a> blockchain<\/a>.<\/p>\n\n\n

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\"solana<\/figure>\n<\/div>\n\n\n

1inch has launched trustless Solana-to-EVM exchanges<\/strong>, eliminating the need for bridges and simplifying cross-chain token transfers. This advancement strengthens Solana’s position as a central liquidity hub<\/strong> across multiple blockchain networks.<\/p>\n\n\n\n

Coinbase<\/a> has introduced regulated perpetual futures on Solana in the United States, offering up to 10x leverage<\/strong>. This paves the way for greater institutional and retail exposure to SOL price movements.<\/p>\n\n\n\n

SOL memecoins: Unexpected growth catalysts<\/strong><\/h2>\n\n\n\n

The expansion of the memecoin<\/strong> Wall Street Pepe (WEPE) on Solana brings NFT<\/a> integrations and user engagement, stimulating on-chain activity. Long-term technical indicators don’t show strong bullish signals<\/strong>, suggesting possible consolidation. However, Solana’s on-chain activity appears to support its upside potential<\/strong>.<\/p>\n\n\n\n

Transaction volume has increased by over 32%<\/strong>, exceeding 590 million. Meanwhile, the number of active addresses has climbed by more than 24 million, representing a 5.3% increase<\/strong>. Network demand is also reflected in fees, which have surged 44%<\/strong> to reach $7.68 million<\/strong>, indicating strong utility and growing participation.<\/p>\n\n\n\n

Risks of an imminent reversal<\/strong><\/h2>\n\n\n\n

The recent crypto market consolidation has seen Solana holding steady around $180<\/strong>. Continued consolidation could push SOL’s price above $200. However, the bearish divergence<\/strong> on the weekly RSI indicator raises concerns about a potential pullback toward $150<\/strong>.<\/p>\n\n\n\n

Solana appears positioned for a bullish move toward $250<\/strong>, provided it maintains its current momentum and consolidates above key support levels. However, mixed technical indicators<\/strong> call for caution in the short term.<\/p>\n\n\n\n

The key will be to closely monitor SOL’s price evolution<\/strong> in the coming weeks, particularly in relation to SEC decisions on Solana ETFs. A positive announcement could act as a powerful bullish catalyst.<\/p>\n\n\n\n

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Buy SOL on Bitget and earn $10 !<\/a><\/div>\n<\/div>\n\n\n\n

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