Falling Wedge Pattern Confirms $264 target

The Solana price action remains firm nearly $ 150, supported by the increase in institutional interests and strategic investments positioning soil for a major escape.
Solana (soil) holds a support of $ 150 as Bulls Eye more up
Solana entered the last weekend in April in exchange in a tight range, but managed to maintain his level of critical support of $ 150.
Sunday, April 27, Sol exchanged between $ 145.97 and $ 150.04, before settling at $ 149.98, at the time of the press with a slight daily gain of 0.6%.


According to FlirtatiousSol Price currently has a gain of 9.9% in the last seven days and a rally of 14% in the last month, surpassing both Bitcoin and Ethereum on the weekly time.
The market capitalization is currently nearly $ 68 billion, guaranteeing Solana's position as sixth cryptocurrency by total market value.
Negotiation volumes remained stable above $ 2.2 billion, suggesting stable demand despite a prudent feeling on the market this weekend.
Solana's gain at the start of the year is 15.8%, reinforced by a faster network adoption combination, positive Speculation of ETF soil and rapid expansion of decentralized finance projects (DEFI) on its blockchain.
The sustained defense of the $ 150 level indicates that the bulls are preparing for another higher leg. A clean break above $ 155 could open the door to new peaks greater than $ 250, the T2 2025 Unblods.
The Development Company DEFI deposits a shelf of $ 1 billion to supply Solana investments
Even if Solana is struggling to firmly erase the resistance area of $ 150, the fundamental news flow continues to paint a very optimistic image.
Friday, the Development Company Development (formerly Janover), trading under the JNVR Ticker, filed an $ 1 billion shelf offer with the American Securities and Exchange Commission.
This decision allows the company to issue equity, debt or other instruments over time to finance strategic investments, in particular the accumulation of Solana assets and the expansion of the validator.
The shelving offers allow companies to record large quantities of securities in advance without selling them immediately, offering flexibility of the development company DEFI to evolve its exposure to Solana when market conditions are favorable.
“We can sell any combination of these titles in one or more offers, at prices and terms to be determined before the time of the offer, with a total price of supply of up to $ 1,000,000,000”, “,”
- DEFI DEVELOPMENT COMPANY (formerly Janover)
The transition from the Defi Development Company (DDC) to an investment vehicle focused on Solana reflects Michael Saylor's Bitcoin strategy but with significant differences.
Beyond the acquisition of soil, DDC and peers such as Canada-based soil strategies and Upexi also run validators, actively mark out their assets and transform Solana into an active ingredient generator of yield.
This decision could considerably tighten the ground offer available to be negotiated on scholarships and amplify price rallies during periods of high demand from the market.
As of April 27, the DDC already holds around $ 34.4 million in soil and intends to extend its position aggressively once the dry approval. Janover's shares (JNVR) have increased by almost 5% on news, reporting a positive reception of the market market.
While more and more public companies are kissing Solana's implementation protocol, soil price prospects for T2 2025 seem to be more and more positive.
Solana price forecasts: The fall in the corner model confirms the objective of $ 264
Solana's price appears about to win new gains after having burst from a drop -down training. After 12% of earnings last week, Solana's technical indicator highlights a major increase in $ 264.
After consolidating below $ 150 for the best of the last 48 hours, Solana's price forecasts are now showing a bullish momentum.


As shown in the graph below, Sol is stable above its simple mobile average (SMA) at 50 days at $ 129.89 and approaching SMA from 100 days to $ 161.94. Resilience greater than $ 145 suggests that a support base is formed while market volumes are decreasing.
The BBP oscillator, printing at 10.58, reflects continuous upward energy, although recent moderation suggests a brief break before new progress.
If buyers overcome the resistance of $ 161, the fall holder confirms that a potential rally to the territory of $ 264. Lowering, not defending the support of $ 140 could invite a prior support retest nearly $ 130.
Frequently asked questions (FAQ)
Solana's support at $ 150 is supported by strong institutional demand, speculation of the FNB and an increasing adoption of its network.
A net break greater than $ 155, combined with strategic investments and clearing, could open a path to $ 250 and beyond.
The development company DEFI buys Sol, turns the validators and transforms Solana into an asset of the yield generating treasure.
Warning: The content presented may include the author's personal opinion and is subject to the market state. Do your market studies before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.
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