- Solana stabilizes above key support as analysts anticipate a potential breakout toward $210–$253.
- Higher lows near $180 signal renewed buyer activity and steady accumulation within the support zone.
- Rising TVL and on-chain metrics confirm expanding liquidity and stronger network participation in 2025.
Solana (SOL) is showing signs of recovery after a steady decline over recent weeks. The market is attempting a pullback from the key support zone, and if current momentum holds, analysts expect a possible bullish breakout toward the $210–$253 range. The recent data points to renewed strength in Solana’s price and ecosystem growth.
Market Recovery and Technical Outlook
According to analysis prepared by BitGuru, Solana began its decline from the $253 level and entered a consistent downtrend that extended toward the $180 support area. After several tests of this level, the market showed stabilization with multiple rejections between $180 and $200. This phase indicated a consolidation period where buyers started accumulating positions.
The 4-hour chart showed a temporary recovery phase labeled “Bullish Beauty,” which reflected a short-term rebound from lower levels. However, resistance near $240 limited further gains, pushing the price back toward the support area.
Recent candles above $190 suggest growing interest and momentum among traders. BitGuru noted that if the price sustains above the $200 zone, a continuation toward the $210–$253 range could follow. This structure of higher lows near $180 continues to confirm steady buying pressure within the support region.
Ecosystem Expansion and On-Chain Activity
According to data from DeFiLlama, Solana’s Total Value Locked (TVL) in decentralized finance has reached $11.474 billion, reflecting a 1.65% increase within 24 hours. The rising TVL indicates expanding liquidity across Solana’s DeFi ecosystem.
Historical data shows that after peaking near $9 billion in 2022 and declining through 2023, TVL began a gradual recovery in 2024 and continues to climb through 2025. On-chain statistics show a stablecoin market cap of $14.657 billion and daily chain fees of $795,152.
Chain revenue reached $130,600, supported by total revenue of $1.08 million. Active addresses are at 2.24 million and decentralized exchange volume was at $3.93 billion in the last 24 hours. This gradual development throughout the network indicates the further adoption and trading activity. If momentum continues, Solana may maintain its recovery path and move toward higher resistance levels.
