The post Solana Price Prediction: Bearish Breakdown or Bullish Reload? Market Watches $170–$175 Zone Closely appeared on BitcoinEthereumNews.com.

Solana hovers near key support with mixed signals, setting the stage for a potential breakout or breakdown. Solana is back in the spotlight after DeFi Dev Corp added another over 181,000 SOL to its holdings, signaling strong conviction from big players. This comes just as SOL challenges with a key support zone near $175, making participants wonder if a major breakout is on the cards. DeFi Dev Corp Is on a Solana Buying Spree Solana has received another vote of confidence from DeFi Dev Corp, which has added over 181,000 SOL to its holdings, now totaling more than $218 million. The move reflects a clear buying spree, with the firm averaging a purchase price of $155.33 and reporting double-digit weekly growth in SOL per share for the second week straight. DeFi Dev Corp ramps up its Solana holdings to over $218M, signaling strong institutional confidence. Source: DeFi Dev Corp via X While the broader market remains cautious, moves like these suggest certain players see deeper upside ahead. As long as Solana maintains its structure above key support zones, this buying spree could set the tone for the next big leg. Solana Price Prediction: Momentum Shifts as Targets Expand Toward $300+ After DeFi Dev Corp’s major accumulation move, another signal of strength has emerged, this time from the charts. RJT WAGMI’s recent update shows Solana breaking above $200 with zero resistance, and the clean breakout is now forming a potential stair-step continuation pattern. The structure hints at sequential legs higher, with targets expanding towards $260, $300, and possibly even $400, assuming momentum holds. Solana breaks above $200 with stair-step bullish structure, eyeing $260 to $400 targets. Source: RJT WAGMI via X Technically, the resistance zone near $200 has been tested once earlier this week, and if that breaks, it could set…

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Filed under: News - @ August 1, 2025 6:29 am