Solana’s price surge and potential close above the 50-week EMA signal strong bullish momentum, reminiscent of the 515% rally in 2024. The $120 million liquidity bridged to Solana reflects growing network confidence. Solana (SOL) price has increased by 18% this week, indicating a rising bullish trend. The altcoin is nearing a crucial point with a potential close above the 50-week exponential moving average, a level known to trigger significant rallies historically. In March, SOL fell below the 50-week EMA and briefly dipped below $100 on April 7, but has since recovered strongly, reclaiming key EMA levels (100W and 200W), with focus now on the 50-week EMA. Historical patterns suggest a bullish outlook as in October 2023, SOL surpassed the 50- and 100-week EMAs, consolidating above them before a 515% rally by March 2024. The current setup mirrors past scenarios with the RSI below 50, rebounding after the 50-week EMA became support. If the 50-week moving average holds, SOL could target prices between $250 and $350 by September 2025. The daily chart supports this narrative as Solana recently closed above the 200-day EMA with immediate resistance at $180. Breaking this level and turning it into support could ignite a parabolic rally by Q3 2025. In the last 30 days, over $165 million in liquidity has been bridged to Solana from other blockchains, indicating growing confidence. Ethereum led with $80.4 million in transfers, followed by Arbitrum with $44 million. Data from DefiLlama shows Solana had the highest DEX volumes in the past 24 hours, holding 28.99% of the market share among other chains. Solana’s dominance in DeFi activity and strong liquidity inflows position it for a sustained price breakout. This article provides insights and analysis but does not offer investment advice, encouraging readers to conduct their research before making decisions.