Solana Surges Past $180, Hits $185 and $80 Billion Market Cap with 43% Rise

Solana (SOL) has experienced a significant surge in its price, surpassing $180 and hitting a market cap of $80 billion. The cryptocurrency has risen by 43% since July 5th and is currently testing resistance levels around $173 to $175. Technical analysis suggests that SOL could reach $200 soon, with some projections even targeting $268.44 and $275. The recent breakout from a multi-week pennant pattern indicates strong upward momentum, with the next resistance levels identified at $210 and $260. SOL recently hit $185 and saw a 27.6% increase while dipping 0.77% to $172 during market consolidation. This bullish trend is seen as a potential leader for broader crypto market gains.