The post Solana Skyrockets 20% Over A Week, Potential Bull Run Upcoming? appeared first on Coinpedia Fintech News
Solana has witnessed a significant increase, rising over 20% over the last week. Since mid-April, it has traded within a broad range, finding support at $115 and facing resistance at $188. Crypto analyst Ali Martinez highlights that Solana is forming a W pattern, suggesting a potential bull run. The pattern indicates the price bottomed out around $123 twice, positioning Solana for a major rebound toward the $174 level. A bullish triangle pattern is forming on Solana’s chart, historically indicating a potential breakout and significant price movement.



![Axelar [AXL]: 19% rally meets bearish market structure – Here’s what’s next!](https://i1.wp.com/ambcrypto.com/wp-content/uploads/2026/01/AXL-1-day-Chart.png?w=1024&resize=1024,1024&ssl=1)