{"content":"🏹 Solana Bulls Aim High — $225 Next Stop? Over the course of the last twenty-four hours, SOL has increased by more than five percent and has surpassed the psychological threshold of $200, which is located close to a declining trendline resistance. If the alternative cryptocurrency is able to maintain its support at the falling trendline and overcome the obstacle at $210, it may be able to rally to test the resistance at $225. The Relative Strength Index (RSI) is getting close to its overbought zone, while the stochastic oscillator is already in overheated circumstances. This indicates that bullish momentum is increasing, but there is also the possibility of a short-term drop. In the meanwhile, the Moving Average Convergence Divergence (MACD) indicator passed above its own moving average line, which is a signal that indicates upward movement. According to DefiLlama, Solana is now the fourth-largest blockchain in terms of stablecoin supply. It is responsible for hosting $11.17 billion of the market value of the sector, with USDC accounting for 75% of that amount. On the other hand, Dogwifhat (WIF) debuted its Solana validator on Wednesday, in collaboration with the SOL treasury business DeFi Development Corp (DFDV). Following the payment of operating costs, the Dogwifhat community and DeFi Dev Corp will divide the staking revenue, MEV, and other validator awards when they have been distributed. According to DFDV, they have more than 1.3 million SOL tokens, which are estimated to be worth roughly $250 million. Following the deployment of a Solana validator by Dogwifhat in collaboration with DeFi Development Corp., this approach was taken further. There is a possibility that SOL may continue to increase to $225 when the MACD has crossed above its moving average line. #solana #sol #BTCBreaksATH #ETH5kNext? $SOL $BTC $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/14/41ae9b3753524286812bc1165fb2eeff.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}