Solana (SOL) has confirmed a Cup & Handle breakout on its weekly chart, surpassing the critical $190–$200 resistance level. This technical pattern, which has been forming over two years, is supported by increasing trading volume and growing institutional adoption, including Crypto.com's Solana validator services.
The breakout suggests a potential long-term bullish trend for Solana, as the pattern typically indicates a continuation of upward momentum. The development highlights Solana's strengthening position in the market, driven by sustained interest from institutional players.
Solana Confirms Cup & Handle Breakout, Indicating Bullish Trend
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