Solana Eyes $600 Rally as Anatoly Yakovenko Hints at New Perpetual DEX

Solana (SOL) continues to show strong technical and market resilience, sustaining its upward momentum amid renewed community excitement and bullish analyst ￰0￱ asset’s price has climbed to $192.43 , supported by a 24-hour trading volume exceeding $5.8 ￰1￱ a marginal 7-day dip of 0.23%, traders see growing confidence in Solana’s trend structure as it consolidates above a key breakout range near $180–$190. Analysts See SOL Momentum Building Toward $250 Market analyst Lark Davis noted that Solana’s relative strength index (RSI) is nearing a momentum breakout, while the moving average convergence divergence (MACD) is close to forming a bullish ￰2￱ added that a potential “W” pattern commonly viewed as a double bottom may be setting up, with a neckline break potentially driving prices toward $250.

The main challenge now lies in defending the 200-day exponential moving average, a level that has historically supported major bullish ￰3￱ Move Projects $600+ as Weekly Chart Holds Firm) on the Solana ￰4￱ development underscores Solana’s continuous innovation drive and strengthens its DeFi ￰5￱ to market buzz, Coinpaper reported that Solana’s official X account released a cryptic teaser featuring glowing cards and a payment chime, ending with the date 'October 20, 2025.' The community expects this reveal to introduce a Solana-branded debit or credit card, signaling deeper integration between blockchain payments and real-world financial systems.