Solana Price Analysis: Momentum Builds Towards $200 as TVL Exceeds $5 Billion Mark

Amid the weekend consolidation in the crypto market, the Solana price analysis shows a short dip of $0.77% to trade at $172. The pullback is set to retest the triangle pattern’s breached resistance and showcase its sustainability after 4-months of consolidation. As the SOL coin witnessed a renewed recovery in on-chain metric active address and TVL, the recent breakout should attract a directional rally from buyers.