Solana Surges Past Key Resistance Levels: What’s Next for SOL?
Solana (SOL) has demonstrated significant bullish momentum, breaking through critical resistance levels and setting the stage for potential further gains. As of April 21, 2025, SOL’s price action suggests a strong uptrend, with analysts eyeing key targets ahead.
Solana Rallies Past Bitcoin—Momentum Tilts In Favor of SOL
Solana started a fresh increase from the $120 support zone and is now consolidating. SOL price gained pace for a move above the $125 and $132 resistance levels, trading above $130 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $137. The pair could start a fresh increase if it clears the $142 resistance zone. SOL price formed a high at $143.06.
Solana Rallies as Markets React to Trump’s Attack on Fed Chair Powell
Solana (SOL) extends its rally above $140 as Bitcoin and altcoins regain strength on Monday. US President Donald Trump’s direct attack on Fed Chair Jerome Powell was interpreted as threatening the central bank’s independence. SOL holds 50-day EMA support amid an ascending RSI and a MACD buy signal. The smart contracts token defied overhead pressure during last week’s trading, edging higher than its altcoin peers, including Ethereum (ETH), Ripple (XRP), and Cardano (ADA).
Solana Community Conference Highlights Crypto News This Week
This week, the Solana Community Conference, or Breakpoint, is among the top crypto news stories. It kicks off on April 25 and is Solana’s flagship gathering of developers, investors, and innovators. Historically, Solana Breakpoint is a stage for major announcements, such as new project launches, partnerships, or technological advancements. According to Solscan data, Solana’s ecosystem boasts nearly 4 million active wallets. Meanwhile, DefiLlama data shows up to $7.37 billion in total value locked (TVL).
Decentralized Defense? NFT Group Targets Cold War Nuclear Bunker Buy
An apocalyptic-themed Solana-based NFT project aims to sell 100,000 virtual tokens to buy a Cold War nuclear bunker in England. The venture combines virtual ownership with physical real estate, potentially starting a new trend for blockchain communities. The project, called Meatbags, will host sales on April 21 at $14 per token. Current Meatbags holders will receive 10,000 tokens through an airdrop, while the remaining 90,000 will be available for public purchase. The nuclear bunker, which occupies 1.4 acres of ground, is up for sale for £650,000.
