Solana Could Rally After Double Bottom Breakout as $17B TVL, $1.65B Inflows and ETF Anticipation Build Momentum
The post Solana Could Rally After Double Bottom Breakout as $17B TVL, $1.65B Inflows and ETF Anticipation Build Momentum appeared on BitcoinEthereumNews.com.
Solana price breakout propelled SOL above $240 after a confirmed double bottom; strong on-chain metrics—$17B TVL and $1.65B institutional inflows—plus ETF anticipation have intensified buying pressure and raised short-term upside toward resistance near $245. Double bottom breakout confirmed above $210; buyers testing resistance near $245. On-chain growth: TVL at $17B with record DEX and stablecoin activity. Institutional inflows of $1.65B and pending ETF decisions are supporting bullish momentum. Solana price breakout lifts SOL above $240 with $17B TVL and $1.65B inflows; read technical and on-chain analysis now. What is the Solana price breakout and why does it matter? Solana price breakout refers to SOL moving decisively above the $210–$230 resistance band after a double bottom formation, signaling renewed bullish momentum. The breakout matters because it aligns technical strength with on-chain metrics—$17B TVL and substantial institutional inflows—indicating a potential trend continuation toward $245 and beyond. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); How did the double bottom form and what does the technical setup show? The chart shows a clear double bottom near $210, with the second low holding above the first, confirming support. After consolidation, SOL climbed ~20.24% then an additional ~11.93%, producing a breakout above $230. Volume patterns indicate accumulation during the pullback, and buyers are now testing resistance around $245 for a possible continuation. $SOL has surged to around $232.87, powered by a strong double bottom…
Filed under: News - @ September 14, 2025 12:24 am