As Bitcoin (BTC) soars into price discovery after making a new all-time high, Solana (SOL) may be waking up from what has been a relatively quiet period over the past few weeks, at least in comparison with its major layer 1 competitors.
SOL/USDT up against major resistance barrier
Source: TradingView
For the SOL/USDT pair, it can be seen that the $SOL price is now right up against the first of a band of very strong resistances. With the Stochastic RSI indicators on the weekly approaching the top of their trajectory, $SOL bulls have to take this chance to pierce through this daunting barrier. If they can do so, the next target would be the $202 resistance.
What $SOL bulls want, isn’t for the Stochastic RSI indicators to just cross over and turn down, but to stay at the top for an extended period of time, just as was the case for a 7-week period in Q4 of 2023.
Price momentum soon to pass from $ETH to $SOL
Source: TradingView
Against $ETH (SOL/ETH) the $SOL price has been
We współpracy z: https://cryptodaily.co.uk/2025/05/solana-sol-hits-key-resistance-level-price-analysis
