Solana Price Is Hurtling Toward The $180 Resistance Mark At Breakneck Speed, Sparking Fresh Belief In A Breach

Solana's price is hurtling toward the $180 resistance mark at breakneck speed, sparking fresh belief in a breach. This time, investors have their eyes peeled

Solana price is heating up again as it approaches the $180 resistance at breakneck speed. This time, investors are spotting a cup-and-handle pattern which could spark a rally to a new all-time high.

Solana Price Targets A Rally Beyond $180 Again

Solana price is testing the $180 psychological level again after previous attempts failed to breach the glass ceiling. According to an X post by pseudonymous cryptocurrency analyst Crypto Virtuous, Solana is getting close to “scary times” again.

The last time Solana price tested the $180 level, prices took a hit and nearly fell below $100. However, after picking itself gingerly in a rally that sees it gain over 20% over the last week, the $180 psychological level is in sight yet again. A push to $180 is on the cards for Solana after DEX volumes surpassed $500 million in 2025.

“This is a scary region but I’m sure we’re breaking this one this time,” said Crypto Virtuous.

The crypto analyst is crediting a classic cup and handle pattern forming on the charts for his belief that Solana price will break out of the $180 resistance. The bullish pattern on the charts is spurring fresh optimism for the Solana price, with Crypto Virtuous predicting a price spurt to new highs. He adds that if prices breakout of the cup’s rim, a large move toward $510 is a possibility.

Institutions Increase SOL Holdings As DEX Volume Soars

According to CoinMarketCap data, the Solana price has spiked by 52% over the last month in a strong show of recovery. SOL’s weekly price performance reflects a similar increase with the asset garnering 20% over the last seven days.

While daily charts reflect a modest 2% gain, Solana price reached a 24-hour high of $179.62 as bulls prepare to retest the $180 psychological level. Amid the impressive price performance over the last week, institutional interest in SOL is heating up.

For starters, SOL Strategies and DeFi Dev Corp have scooped over 200,000 SOL, sending their holdings above 395,000 SOL respectively. Apart from a frenzied accumulation spree, institutions are turning to Solana for enterprise utility, citing its speed and low fees compared to Ethereum.

Crypto exchange giant Robinhood is considering Solana for its ambitious plans to tokenize US stocks for its EU customers. Driven by renewed institutional interest and sky-high retail appetite, Solana’s monthly transaction volume has surged above 1.5 billion.