"Solana (SOL) Set for Uptrend Breakthrough at 50-Week Moving Average, Targeting $300"

# Solana (SOL) Soars 15% This Week, Eyes Key 50-Week EMA Breakthrough Solana (SOL) has experienced a 15% surge this week, driven by strong bullish sentiment. Market analysts are closely monitoring Solana's potential to breach the critical 50-week exponential moving average (EMA), a level historically linked to significant price rallies. Cointelegraph reports that Solana's price fell below the 50-week EMA in March, reaching a low of under $100 on April 7. Nevertheless, SOL has made a significant comeback, rising above the 100-week and 200-week EMAs. Currently, it is testing the 50-week EMA, a move that experts suggest could lead to further price appreciation. Previously, Solana rallied impressively after surpassing the 50-week and 100-week EMAs in October 2023. By March 2024, the cryptocurrency had skyrocketed by 515%. Analysts observe that the present Relative Strength Index (RSI) patterns resemble those of previous bull cycles. If the RSI rebounds from below 50 and the 50-week EMA serves as support, Solana’s price could reach $250–$350 by September 2025. On the daily chart, SOL has already surpassed the 200-day EMA, reinforcing its upward trend. A breakout above the short-term resistance level at $180, followed by the creation of a new support level, could ignite a powerful rally through Q3 2025. # Solana Attracts $165 Million in Liquidity, Strengthens DeFi Market Position In the past 30 days, the Solana network has attracted $165 million in liquidity, reflecting growing investor confidence. Breakdown of the inflows reveals $80.4 million from Ethereum (ETH), $44 million from Arbitrum (ARB), $20 million from Base, $8 million from Binance Chain (BNB Chain), and $6 million from Sonic. Solana has also shown robust performance in decentralized exchange (DEX) volumes. According to DefiLlama, Solana has recorded $3.32 billion in DEX trading volume over the last 24 hours, capturing a 28.99% market share. This indicates Solana’s strong scalability and increasing adoption in the DeFi sector. The significant liquidity inflows and high DEX activity are essential elements bolstering the positive outlook for Solana. As the network grows and its DeFi ecosystem expands, investor interest is expected to remain strong.