Solana Price Breaks Descending Trendline as Network Activity Hits All-Time High

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• Solana (SOL) crypto price moved higher on Sept. 19 as the token broke above a long-term descending trendline.
• Solana network activity hit a record, with monthly on-chain transactions surpassing 5 billion for the first time.
• The two developments occurred within the same 24-hour window, highlighting stronger network activity alongside the technical move.

Solana price climbed higher on Sept. 19 as network activity hit a record level and technical analysts noted a breakout above a long-term descending trendline.

The two developments occurred within the same 24-hour window and added another data point to the market’s view of the blockchain.

Transactions on the blockchain exceeded 5 billion for the first time in monthly trading, according to SolanaNews.sol.

Network traffic has grown consistently throughout 2026, and the latest reading crossed a threshold the blockchain had not seen before.

At the same time, Master of Crypto highlighted a technical shift on the SOL chart. The analyst stated that SOL has broken above a long-term descending trendline after bouncing from the lower side of the structure.

“If the weekly breakout holds, $125, $150 and $180 could be the next levels to watch,” the account posted. The next few candles, the analysis added, will be important.

Solana Price and the Trendline Break

Solana price rallied to about $111 to $113 on the day. The asset rose by approximately 10 percent on September 18, climbing from the low $100s and settling in the current range. The upward movement was in line with the general rise in major cryptocurrencies during the week.

The long-term descending trendline had capped SOL crypto price for an extended period. The recent bounce from the lower boundary of that structure produced the break that Master of Crypto identified.

A sustained weekly close above the line would keep the higher targets of $125, $150 and $180 in view, according to the analysis. Failure to hold the breakout would return attention to the prior range.

SOL crypto price remains well below its January 2025 peak near $295. The current advance sits in the early stages of recovery from the lower levels seen earlier in the year.

Solana Network Activity Reaches New Peak

The transaction milestone provides a separate data point. Monthly on-chain volume exceeding 5 billion transactions reflects rising demand for blockspace on Solana. The record arrives as the Solana price tests the upper side of its recent structure.

Market participants tracking both metrics now have two concurrent signals. One is the pure activity figure published by SolanaNews.sol.

The other is the technical observation from Master of Crypto regarding the trendline and the sequential price levels that follow a successful weekly confirmation.

Solana price action over the coming weeks will determine whether the breakout holds. The $125 level stands as the first reference point cited in the analysis. Beyond that, $150 and $180 form the subsequent zones listed by the same source.

The combination of record transaction counts and a reclaimed long-term trendline places Solana in a notable position within the current market.

SOL crypto price has responded with a sharp short-term rebound. Network activity has simultaneously reached its highest monthly total on record. Both facts are measurable and dated to the same mid-September window.

The next weekly closes will show whether the technical structure continues to support higher prices or whether the market returns to the prior descending channel.

For now, the data show a network operating at peak monthly throughput while Solana price has cleared a multi-month resistance line.

Indlægget Solana Price Breaks Descending Trendline as Network Activity Hits All-Time High blev først offentliggjort på The Coin Republic.