<ul><li>Solana's price breaks out from a descending parallel channel, with potential upside to $213.</li><li>A whale transferred 494,153 SOL ($71.95M) to Coinbase Institutional, sparking market speculation.</li><li>Technical indicators like Parabolic SAR and MACD have turned bullish, indicating a potential trend reversal.</li><li>SOL must surpass the $170-$185 resistance zone to confirm an uptrend.</li><li>Solana network usage surpasses Ethereum with 73.4 million monthly active addresses.</li><li>Recent bullish momentum in Solana's price has broken key resistance levels in recent days.</li><li>Analysts are divided on the outlook, with some seeing potential for a rally towards a $213 price target.</li><li>A significant whale transfer of $71.95 million worth of SOL to Coinbase Institutional adds to market dynamics.</li><li>Technical indicators like the Parabolic SAR and MACD suggest weakening selling pressure and building buying pressure.</li><li>Solana faces a critical resistance zone between $175 and $185 that will test the current breakout attempt.</li></ul>

Solana (SOL) Price: Breaks Key Resistance as Whale Transfers $71.95 Million

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