Solana is showing signs of a potential major breakout with a cup-and-handle pattern forming, suggesting bullish continuation if it breaks above $200.
On-chain metrics for Dogecoin indicate strengthening investor activity, including rising daily active addresses, increased transaction volume, and a spike in whale transaction counts.
The bullish signals for both Solana and Dogecoin point towards further upside potential amidst improving market sentiment.
Traders are closely monitoring Solana's $200 breakout level and Dogecoin's on-chain strength for potential price rallies in the future.