Will Solana finally break out or stay locked in below $210?

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Solana is sitting right around $210 in the time of writing, playing it cool. The price just nudged up 4% in the last 24 hours and about 3% over the week, like a boxer pace-walking his way into the ring.

Traders? They’re watching every move, waiting for that big punch, that breakout moment that sends Solana through the roof. But will that come?

Double bottom

Now, let me tell you why this matters. Experts say Solana’s been dancing in a tight range between $200 and $206, holding steady like a sapling in the wind after some wild weather.

But this ain’t no random shuffle.

The four-hour charts tell a story for the analysts, a bullish story that kicked off back in early August. BitGuru, the market whisperer, spotted a double bottom near $165.

That’s like hitting rock bottom and bouncing back stronger than ever, a 20% rise followed by another 14%.

Price pushed near the $210 to $213 resistance zone, and now Solana’s making round three at that level. This is the kind of persistence that earns respect.

Resistance level

What’s really eye-opening? The volume’s pumping hard, over $9.2 billion in the last 24 hours.

That’s the crowd roaring louder with every pass. Altcoin Sherpa’s been shouting from the rooftops, this Solana compression is huge!

Tons of volume in this tight space. We’re about to break up, no doubt. When you see volume piling up in a narrow band like this, it’s like the tension building right before a winning touchdown.

The Volume Profile tool tells the same story, serious business activity around $200 to $206, where the price is snug and waiting.

Supporting this tight dance are Solana’s moving averages. The big players, 200 EMA at $200 and 100 EMA near $197, holding strong like veteran sentinels.

The shorter movers, 20 and 55 EMAs, are clustering around $201–$202, matching the current price hustle.

This alignment screams price compression, like every player on the team ready to make their move.

The $206 resistance level is the final line in the sand. A clean break here? Watch out, Solana might sprint towards $220 or climb even higher.

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Upgrade

Experts say the real deal is the Alpenglow upgrade, approved and ready to deploy.

This is the network’s biggest rewrite to date, slashing transaction time from a sluggish 12.8 seconds to a lightning-fast 100–150 milliseconds.

Think of it as going from riding a bike to jumping into a racecar. Validators are gearing up, and the whole ecosystem’s buzzing.

Faster, smoother transactions mean Solana’s looking to stay not only competitive but dominant.


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

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