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Solana’s Falling Wedge Breakout Suggests Possible Trend Shift Near $133

Solana’s Falling Wedge Breakout Suggests Possible Trend Shift Near $133 WikiBit 2025-12-14 15:26

Solana’s falling wedge breakout near $133 signals potential trend reversal, supported by steady price action and moderate trading volume. However,

Solanas total value locked in DeFi stands near $8.81 billion, with a 1.53% daily decline. According to DeFiLlama data, TVL surged in 2021, declined through 2022, and stayed muted during most of 2023. Early 2024 marked a steady recovery that extended into 2025. Recent data shows TVL pulling back from levels above $12 billion. However, it remains higher than previous years.

Stablecoin market capitalization on Solana stands near $16.18 billion, supporting liquidity across applications. Network activity remains consistent. Chain fees reached about $636,700 in the past 24 hours, while chain revenue measured roughly $83,300.

Decentralized exchange volume totaled around $3.9 billion, and perpetual trading volume reached $1.22 billion. According to Coinglass data, netflows stayed mostly negative between February and December. Several large outflow spikes appeared from July to October. Recent data shows price stabilizing near $130, while netflows remain slightly negative.

Frequently Asked QuestionsWhat does the Solana falling wedge breakout mean for SOL price in 2025?

The Solana falling wedge breakout indicates a potential bullish reversal after consolidation, with SOL trading near $133. A confirmed close above $140 could drive prices higher, supported by stable on-chain metrics like $8.81 billion TVL. However, moderate volume suggests caution, as broader market factors influence sustained gains.

Is Solanas DeFi ecosystem still growing after the falling wedge breakout?

Yes, Solanas DeFi ecosystem maintains growth momentum post-breakout, with TVL at $8.81 billion and stablecoin cap at $16.18 billion. DEX volumes hit $3.9 billion daily, per DeFiLlama and Coinglass data. This stability supports ongoing adoption, making it a natural choice for developers and users seeking efficient blockchain solutions.

Key Takeaways

  • Solanas falling wedge breakout confirmed: Price action above the wedge boundary near $133 signals potential uptrend, though volume needs to increase for strength.
  • Stable on-chain fundamentals: TVL at $8.81 billion and DEX volumes of $3.9 billion highlight network resilience, exceeding prior cycle highs.
  • Watch $140 resistance: A daily close above this level could confirm trend continuation—consider monitoring for entry opportunities in the current market.

Conclusion

The Solana falling wedge breakout near $133, coupled with steady on-chain activity like robust TVL and DEX volumes, positions SOL for potential upside in 2025. While moderate volume tempers immediate enthusiasm, key resistance at $140 remains pivotal. As the networks DeFi ecosystem continues to stabilize, investors should track technical confirmations and broader crypto trends for informed decisions moving forward.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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