From Cointelegraph

May 9, 2025 6:00 pm:

Solana’s price surged 15%, approaching a potential close above the 50-week EMA, historically leading to a 515% rally in 2024. $120 million in liquidity bridged to Solana reflects growing network confidence. The altcoin is now eyeing a pivotal point with bullish momentum. Historical patterns suggest targets of $250-$350 by September 2025.

Users bridged over $165 million to Solana in the last 30 days. Ethereum led with $80.4 million in transfers, followed by Arbitrum with $44 million. Solana posted the highest DEX volumes, 3.32 billion in the past 24 hours, holding 28.99% of the market share. Strong liquidity inflows and DEX volumes position Solana for a sustained price breakout.

Read more at Cointelegraph: Solana price gained 500% the last time this SOL metric turned bullish