Key notes
- Solana rebounded strongly after falling below $150 earlier this month.
- Trading volume jumped 60%, reaching $5.52 billion in 24 hours.
- Analysts see a potential break above $167 that could trigger new highs.
Solana
GROUND
$167.5
24h volatility:
5.2%
Market capitalization:
$92.66 billion
Flight. 24h:
$5.63 billion
has regained its bullish momentum after a recent correction pushed its price below the $150 mark. At the time of writing, the cryptocurrency is trading around $168.2, up 6.4% in the last 24 hours, adding almost $6 billion to its market cap.
The rally also increased SOL’s 24-hour trading volume by 60%. According to data from CoinMarketCap. Total volume now stands at $5.52 billion, reflecting renewed investor confidence.
Analysts highlight key areas
According to popular market analyst Hardy, Solana has been forming an ascending triangle since early November, a trend often suggesting a bullish continuation. He noted that SOL faces a key resistance level near $167.
LGN family – $ SOL looks very good here for a reversal. 👀
As long as Bitcoin doesn’t rip off the pump, we could see this reaching new heights.
Ascending triangle complete delivery! 🔥 pic.twitter.com/Kx07bGZWaD
– Hardy (@Degen_Hardy) November 10, 2025
The analyst believes that a sustained close above this level could lead SOL to a rally towards $184, assuming Bitcoin maintains its current momentum without sudden spikes in volatility.
On-chain analyst Ali Martinez also shared Solana’s UTXO (URPD) realized price distribution chart by Glassnode. The data visualizes the price levels at which current holders last transacted with their tokens.
For Solana $ SOL$147.49 is the most important support level! pic.twitter.com/L7l1Ov5HX3
– Ali (@ali_charts) November 10, 2025
Martinez highlighted that the $147.49 range features the highest concentration of buying activity, making it a crucial support zone. Maintaining strength above this level indicates strong market confidence, while a breakout could expose SOL to further downward pressure.
This price optimism comes as Solana has recently outperformed its competitors, including Ethereum and BNB Chain, in terms of DEX volumes and staking activity.
SOL shows signs of early bullish momentum
On the daily chart, the Bollinger Bands show SOL rebounding from the lower band near $148. It is now approaching the midline (20-day SMA) around $168, a sign of improving momentum.
A clear break above the upper band near $179 could validate a bullish continuation.
SOL Price Chart with RSI and Bollinger Bands | Source: TradingView
Meanwhile, the RSI currently indicates that the cryptocurrency has moved out of oversold territory and has enough room to rise ahead of overbought conditions.
If the RSI continues to climb, alongside the widening Bollinger Band width, it could confirm renewed buying strength. Analysts suggest that a sustained rise could help Solana retest the $200 zone in the coming weeks.
PEPENODE Secures Over $2 Million as SOL Price Climbs
The enthusiasm generated by the surge in SOL prices is spilling over into PEPENODE, a new project that is attracting strong investor interest. The team behind PEPENODE wants to make cryptocurrency mining fun, accessible and interactive, by transforming what is usually a technical process into a virtual gaming experience.
Instead of spending thousands of dollars on mining hardware, users can build their own digital mining empires within the platform. The game allows players to create virtual server rooms, purchase and upgrade miner nodes, and improve their digital configurations to improve performance.
Pepenode is designed to be simple to use, even for newcomers, while providing depth and strategy for experienced players.
PEPENODE Token Model
Built on the Ethereum network, PEPENODE operates on a deflationary token model. This means that around 70% of tokens used in node purchases and upgrades are burned, gradually reducing the total supply.
This mechanism is designed to increase scarcity over time and potentially increase the value of the token.
So far, the project has raised $2.1 million in one of the best cryptocurrency presales this year. It also rewarded early participants with staking returns of up to 614%, reflecting strong community engagement and early growth. On Coinspeaker you can read a PEPENODE price prediction.
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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article is intended to provide accurate and current information, but should not be considered financial or investment advice. Because market conditions can change quickly, we encourage you to verify the information for yourself and consult a professional before making any decisions based on this content.
A crypto journalist with over 5 years of industry experience, Parth has worked with leading media outlets in the crypto and finance world, gaining experience and expertise in the field after surviving both bear and bull markets over the years. Parth is also the author of 4 self-published books.
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