From Cointelegraph

May 15, 2025 3:15:00 pm:

Solana’s price tested key resistance at $180, failing to hold above it with a 5.65% drop since May 14. A megaphone pattern on the 4-hour chart indicates increasing volatility, with a potential $210 price target if breakout above $180 is confirmed. Volume confirmation is crucial to avoid false moves.

Solana’s ecosystem growth shows renewed investor interest, with a $4 billion realized cap increase and 731 million transactions. Glassnode reports a 4-5% rise in 30-day capital inflows, matching XRP’s growth. Solana ranks second in blockchain transactions, processing 731 million over the past week, showcasing its popularity.

Read more at Cointelegraph: Solana network activity surge and ‘megaphone’ chart pattern set $210 SOL price target