Solana Nears $260 Resistance; Weekly Close Could Signal Rally Toward $520 Amid On-Chain Growth

Solana is testing critical resistance near $260; a confirmed weekly close above $260 would signal bullish momentum and could set a rally path toward $520, supported by rising TVL, improving on-chain liquidity, and bullish technical ￰0￱ nears $260 resistance; weekly close above could trigger a rally toward $520. On-chain metrics show rising TVL and growing DEX volumes, supporting network ￰1￱ indicators — MACD, 50-day and 200-day SMAs — confirm bullish momentum with weekly gains above 7%. Solana resistance near $260: weekly close above $260 could spark a $520 rally — read on for on-chain data, technical setup, and trading ￰2￱ is the current Solana resistance level and why does it matter?

Solana resistance sits near $260; a weekly close above $260 is widely viewed as the trigger for a sustained bullish phase. A confirmed breakout would align price action with on-chain growth, creating a path toward higher resistance zones up to $520 within a multi-month ￰3￱ strong is the on-chain evidence supporting a Solana bull case? On-chain data shows tangible increases in Total Value Locked and DEX activity. Solana’s TVL reached roughly $12.647 billion with a daily rise of 3.97%, and decentralized exchange volumes show expanding DeFi ￰4￱ metrics indicate growing liquidity and utility, which historically support price appreciation when paired with technical breakouts. , "description": "Solana resistance near $260: a weekly close above $260 could spark a rally to $520, supported by rising TVL and bullish technicals." Why would a weekly close above $260 matter for SOL price action?

Weekly closes confirm institutional and longer-term trader ￰5￱ above $260 would indicate that sellers at prior highs have been absorbed and that bullish order flow dominates. Historically, such weekly confirmations precede extended rallies, especially when backed by improving on-chain metrics and moving average ￰6￱ Approaches Key Resistance Zone Solana is trading near $229 and is approaching a decisive range around $240–$260. Price history shows a peak near $260 in late 2021, a multi-month drawdown in 2022, and a recovery phase that formed higher lows into ￰7￱ note that a weekly close above $260 would open upside targets at $280, $360, $440 and $520.

A weekly close above $260 could ignite a Solana $SOL bull rally to $520. pic. twitter. com/ZfkD2gcaHV — Ali (@ali_charts) October 3, 2025 The weekly chart shows resistance bands at $240, $280, $360, $440 and $520, with support identified at $160 and $80.

Analyst Ali stated: “a weekly close above $260 could ignite a Solana bull rally to $520,” outlining a multi-step path with consolidation and resistance tests along the way.) Market momentum remains ￰8￱ traded with weekly gains of roughly 7.15% and sits above key moving ￰9￱ Ted highlighted a cluster of long liquidation orders between $200–$220, which may serve as a liquidity sweep zone before ￰10￱ near $200 is considered robust by multiple on-chain ￰11￱ do on-chain metrics and technical indicators reveal? Solana’s on-chain fundamentals support the bullish outlook: TVL near $12.647 billion and stablecoin market cap around $15.115 billion indicate sizable liquidity on ￰12￱ volume of approximately $4.126 billion reflects expanding DeFi activity, increasing transaction throughput and fee capture potential.) and the 200-day SMA ($169.20).

Pattern analysis from ZYN notes three corrective phases near -24% historically, each followed by strong recoveries; the current structure matches prior recovery behavior pointing toward $280–$300 in the near term. , "totalTime": "P1M" , Frequently Asked Questions How likely is a Solana rally to $520 after a breakout? Historical price structure and current on-chain growth make a rally to $520 plausible after a confirmed weekly breakout, but the move depends on sustained liquidity, macro conditions, and follow-through from institutional ￰13￱ will a breakout be confirmed on the weekly timeframe? A breakout is confirmed when price closes the weekly candle above $260 with above-average volume and supportive on-chain inflows, reducing the chance of a false ￰14￱ Takeaways Resistance level : $260 is the critical weekly resistance that could determine the next trend phase.

On-chain support : TVL (~$12.647B) and DEX volumes (~$4.126B) indicate improving network ￰15￱ confirmation : MACD positivity and price above 50/200 SMAs support a bullish bias; manage risk around $200–$220 liquidity ￰16￱ Solana’s approach to the $260 resistance combines technical momentum and improving on-chain fundamentals. A weekly close above $260 would strengthen the case for a multi-stage rally toward higher targets like $520. Watch weekly confirmation, TVL trends, and SMA alignment for validation, and consider risk controls if trading the breakout.