Solana Rally Dem Jam Up As HYPE and BONK Dey Surge
Solana price don strong lately, e deliver 10.9% rally dis week and 20.7% gain for past month, although e still down 26.7% for six months. SOL dey trade between $131 and $179 after e test resistance for $179. Total value locked rise from $6bn to $9bn, while active wallets pass 3.3m. For 4-hour chart, SOL don consolidate between $145 and $175, with key resistance at $189. If e clear $189 e fit target $235, $263, and complete cup-and-handle pattern wey dey aim $295. But RSI of 70.3 mean say market dey overbought. Federal Reserve liquidity better and people dey expect rate cuts by Q4 2025 wey dey support Solana outlook. Strong developer activity and institution partnership add to the bullish case. Traders suppose watch $189 breakout and set stop orders near support to manage risk. Altcoins HYPE and BONK don pass Solana. HYPE don grow 21.6% monthly and 117.9% over six months, e dey trade $31.70–$46.60 (support $23.85, resistance $53.65). BONK dey lead with 135.5% monthly jump and 33.3% weekly gain, e dey move between $0.000011 and $0.000018 (support $0.00000755, resistance $0.00002179), but RSI near 68.9 mean e get chance to pull back. Traders fit use these levels for tactical entries and exits.
Bullish
Di combined news dey show strong technical and fundamental drivers for SOL, including recent rally, rising TVL, active wallets and Fed outlook wey favour am. Key resistance levels around $189 fit trigger more upside go $235, $263 and $295 if e clear. Altcoins HYPE and BONK get even bigger momentum, with big monthly and semi-annual gains. Even tho RSI readings dey near overbought make person dey watch, the overall bias still dey bullish both short term and long term. Traders go likely respond wit buy positions on confirmed breakouts and tactical entries for support levels.