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The Solana price jumped 5% in the last 24 hours to trade at $181 as of 1 a.m. EST on a 10% slump in trading volume to $5.11 billion.
The surge in the SOL price comes after the announcement of a partnership between R3 and the Solana Foundation to bring regulated real-world assets onto the Solana public blockchain.
This collaboration is seen as a major step toward institutional adoption of public blockchains, validating Solana’s infrastructure as ready for regulated financial applications.
🚨The convergence of public and private blockchains is happening now.
R3’s Corda – the world's largest collection of permissioned RWA networks with over $10 billion in regulated assets on-chain across its platforms – is integrating with the world’s most used public blockchain… pic.twitter.com/ENIUm9vWtV
— R3 (@inside_r3) May 22, 2025
The news has likely helped boost investor confidence, driving renewed interest and upward momentum in SOL’s market value.
Solana Price Poised For Major Breakout As Bullish Momentum Builds
Solana (SOL) appears to be gearing up for a bullish breakout, following a series of technical developments that suggest strong upward momentum. Currently trading at $181.82 on the day, SOL has reversed sharply from a previous consolidation phase and broken out of a bearish channel that dominated its price action earlier this year.
The daily chart shows a parabolic move starting sometime in late October 2024, which powered a rally to a high near $275 in January of 2025. The bullish trend was then followed by a corrective bearish channel that pulled SOL back to the $120 support zone.
The price had formed a rounded bottom in this zone, a potential accumulation phase, and has rallied since with increasing strength.
Recent price action shows a clear break of structure (BOS) and a market structure shift (MSS), both of which are signs of trend reversals. A fair value gap (FVG) and an order block (OB) have also developed just below the current price level, showing institutional interest and reaccumulation zones.
SOLUSDT Analysis Source: Tradingview
Bullish Momentum Builds Toward $250
The RSI is holding steady above 65, indicating continued bullish momentum without being overbought. In addition, the chart also highlights a significant resistance level around $250, which previously served as buy-side liquidity.
The green arrow projects a potential rally toward this zone, supporting the idea of a bullish breakout if current momentum holds. Liquidity sweeps both above and below have further confirmed strong market participation, clearing the path for cleaner price action.
With SOL having reclaimed the critical $180 zone and flipped previous resistance into support, the stage is set for a continuation of the uptrend. If the price sustains above this level and volume increases, a rally toward the $250 resistance zone appears highly probable in the short to mid-term.
Investors should monitor key support at $150 and the FVG zone for potential retests, which may provide favorable entries. A daily close above $200 could catalyze the next leg up.
Solaxy Presale Heads For $40M – Only 24 Days Left
As the Solana price picks up momentum, investors are also piling into Solaxy ($SOLX), a Solana Layer-2 whose soon-to-end presale just smashed past $39.6 million.
Solaxy is Solana’s first Layer-2 solution, and is designed to keep the blockchain running smoothly by tackling congestion issues, which can see up to 50% of transactions fumbled on busy days.
Solana is getting a major performance upgrade thanks to Solaxy, which is implementing technology designed to eliminate slowdowns during network congestion.
By using rollup technology, such as that used by Arbitrum or Optimism, Solaxy processes transactions off-chain, bundles them, and settles them on Solana’s mainnet, keeping things fast and cheap.
This signal is all green! 🟢 🪐
39M Raised! 🔥 pic.twitter.com/c3dAiUkTsm
— SOLAXY (@SOLAXYTOKEN) May 22, 2025
Solaxy is not stopping there. Its upcoming Igniter Protocol is a no-code launchpad that will allow SOLX holders to easily create meme coins and utility tokens, fueling a more decentralized and user-driven economy.
In addition, a bridge to Ethereum is in development, aiming to combine Solana’s high-speed infrastructure with Ethereum’s deep DeFi liquidity. This move could significantly expand opportunities for dApps across gaming, NFTs, and other sectors.
Crypto YouTube channel 99Bitcoins, with over 723k subscribers, predicts that SOLX could see a 10X surge once it launches.
Investors can buy SOLX with BNB, ETH, USDT, or a bank card via the Solaxy website. They can then stake their tokens for a huge 103% annual return.
Right now, SOLX tokens are priced at $0.001732 each. Buy before the presale ends in a little over 24 days to join one of the most successful presales of the year.
Visit the Solaxy website to learn more.
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