Solana (SOL) set on higher cracks when Golden Cross appears on the graph

Tl; Dr.

• Golden Cross forms on Sol/BTC, which indicates a possible bullish reversal because the price is approaching the most important resistance zone.
• 18.56m Sol worth $ 4B collected near $ 180, creating strong support for long -term holders.
• Defi Development Corp is expanding Treasury with $ 77 million Solana Buy and lifts the total participation in 1.83 m SOL.

Golden Cross flashes on Sol

Solana (SOL) changes owner of $ 206 with a daily trading volume of more than $ 13 billion. The token has fallen 3% in the last 24 hours, but is still almost 12% higher than a week ago.

A Golden Cross appeared on the SOL/BTC graph. The progressive average of the short term has exceeded the long -term average, a signal that is often linked to a growing momentum. Crypto analyst Mikybull said,

$ Sol Is about to tear higher

Golden Cross just flashed up

Difficult to ignore this pic.twitter.com/exsabj3olp

– Mikybull Crypto (@mikybullrypto) August 29, 2025

Sol now acts almost 0.00189 BTC and is approaching a falling resistance line. A push by 0.0020 BTC with volume would attach the strength. If you don’t do this, the couple can see on lateral reach under that barrier.

Market views remain split

Daan Crypto Trades noted That the recent meeting of Solana was helped by new treasury vehicles and accumulation of larger players. He noticed that the price of resistance tests that previous rallies stopped.

“Rising wedges generally lean bearish, but in bull markets it is nothing new for this to break into the advantage instead,” he said.

Others are more careful. Sensei commentary”

“Although $ Sol shows incredible power, I don’t think we will achieve the goals that some people say in this $ 400-500 cycle.”

They pointed to the token inflation and the market capitalization of Solana that were already above peak 2021.

Accumulation around $ 180

Data on chains suggest heavy purchase interest at specific levels. Ali Martinez reported That 18.56 million Sol, worth almost $ 4 billion, was collected for around $ 180. Another 8.67 million SOL was collected near $ 189 – $ 190. These clusters show where large holders have built and can support.

He added that Solana was recently broken out of a triangular pattern, making a potential target of around $ 300 if the momentum continues.

Treasury Buys and Retail sentiment

Institutional importance is also building. Defi Development Corp. (Nasdaq: DFDV) confirmed The purchase of 407,247 Sol for around $ 77 million with an average of $ 189. The purchase increased its total possession to 1,831,011 Sol, now rated at around $ 371 million. The company still has $ 40 million in cash for future Solana purchases.

As reported by CryptopotatoRetail sentiment has become highly positive. Data from Santiment show that bullish comments weighs heavier than Beerarish with 5.8 to 1, the most cheerful reading since February. Analysts note that although optimism supports meetings, extreme sentiment has sometimes come before pullbacks.