Solana (SOL) has shown remarkable growth since December 2022, outpacing both Bitcoin (BTC) and Ethereum (ETH) in terms of market capitalization. Over the last 50 days, SOL has been consistently approaching the $205 resistance level on the 4-hour chart, with a notable breakout above key moving averages, including the 50-day EMA. This technical shift, along with the formation of solid support around $184.20, indicates a strong upward trend. After surpassing significant levels such as $193.44, $195.33, and $204.64, SOL closed near $210, signaling increased investor confidence and bullish momentum. With analysts focusing on the $205 level, which has become a critical point of resistance, the potential for Solana to spark the altseason in Q1 2025 is growing. Given Solana's impressive performance over the past year, coupled with its growing importance within the blockchain ecosystem, it is becoming a key player in driving the market’s upward movement, especially if it maintains its position above crucial support levels. This trend suggests that $SOL
momentum could continue to push higher, potentially triggering the altseason as anticipated in early 2025.#BitwiseBitcoinETF