$SOL From a technical perspective, Solana’s recent price movement forms a bullish chart pattern. The price has pulled back after hitting a year-to-date high of $148 but is showing signs of a potential rebound. Solana has formed an inverted head-and-shoulders pattern and is now at the right shoulder, indicating a possible rise in the coming weeks. In addition, a cup-and-handle formation suggests that a price increase could soon be in play.
If the price breaks above the $148 level, there could be more upward movement, with the next target at the $200 mark. However, a drop below the key support level of $118 would weaken the bullish outlook and signal more downside risk.
Solana’s Future Outlook Remains Positive The network’s growth appears poised to continue as Solana prepares for the highly anticipated Alpenglow upgrade. This upgrade is expected to significantly improve the network’s performance, further strengthening its position in the competitive layer-1 space. With an active and growing user base, Solana’s long-term prospects remain strong, despite the current market volatility. $SOL
Key global macro events to watch this week, converted and shared as per Time Zone (UTC +6) ⏰
These events can create high volatility in crypto, forex, and global markets:
• US Durable Goods Orders • US Consumer Confidence • US President Speech • AU CPI (m/m, y/y, Trimmed Mean) • Canada BOC Rate Decision & Press Conference • US FOMC Rate Decision & Statement • US Trade Balance & Unemployment Claims • EU & Canada GDP • US CPI / PPI Data • US Bitcoin Futures Expiry
While most people are focused on short-term price action, the real signal is happening at the infrastructure level. $HBAR Hedera continues to strengthen its foundation by partnering with key players across security, developer tooling, and real-world adoption. Recent collaborations with firms like Halborn Security, HashPack, Hashgraph Online, and Genfinity point to a clear strategy: build a network that institutions, enterprises, and governments can actually rely on. This isn't about hype cycles or meme narratives. It's about security audits, developer ecosystems, scalable use cases, and long-term network growth. Historically, the biggest winners in crypto weren't the loudest projects - they were the ones quietly building rails before mass adoption arrived. Strong governance, real partnerships, and enterprise alignment are what matter when markets mature. Most people won't notice moves like this until much later. But infrastructure is always built before demand explodes. Pay attention to what's being built — not just what's trending.