Solana eyes $235 as memecoin momentum and technical breakout fuel rally

Solana (SOL) is showing bullish momentum after breaking out of a falling wedge pattern on March 19, Cointelegraph reported. Technical indicators suggest a potential rally to $235, supported by an RSI above 50 and rising onchain activity. Memecoin enthusiasm is also surging, with Pump.fun deploying over 34,000 projects on March 24 alone.