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<ul class="wp-block-list news-points">
 <li><strong>Solana rebounds above $170 after a sharp fall, challenging bearish crowd sentiment.</strong></li>
 <li><strong>SOL forms a bullish Cup &amp; Handle pattern, signaling a possible rally toward $370.</strong></li>
 <li><strong>Solana’s DeFi TVL hits $6.46B, reinforcing bullish market momentum.</strong></li>
</ul>
<p>Solana (SOL) is staging a strong comeback after a significant drawdown, with its price surging above $170, its highest point in nearly three months. This price trend shows a disconnect between bearish crowd sentiment and market movements. Additionally, technical indicators suggest the price will continue to rise, positioning Solana for further gains.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"> Solana is outperforming most altcoins as prices are looking to rebound after a big fall Wednesday. The #5 market cap asset continues to be a prime example of how the crowd usually gets it WRONG. View the current bearish sentiment as a sign SOL can continue to pump. <a href="https://t.co/pRkCnyxRxh" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/pRkCnyxRxh</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1849234499697307782?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 23, 2024</a>
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<h2 class="wp-block-heading" id="h-solana-outperforms-altcoins-despite-bearish-expectations">Solana Outperforms Altcoins Despite Bearish Expectations</h2>
<p>The fifth-largest altcoin continues to defy bearish crowd expectations, outperforming most other altcoins. After a sharp decline on October 23rd, SOL has rebounded, demonstrating how m…</p>
<p>The post <a href="https://coinedition.com/solana-price-analysis-sol-breaks-above-170-defying-bears/" rel="noopener noreferrer nofollow">Solana Price Analysis: SOL Breaks Above $170, Defying Bears</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Solana Price Analysis: SOL Breaks Above $170, Defying Bears

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