- BNB struggles below all-time high as $675–$700 zone poses strong resistance
- Solana’s rally stalls near $180 with $200–$210 range capping further upside
- Market momentum fades as traders await breakout or deeper consolidation phase
The altcoin market is flashing mixed signals as major players like BNB and Solana wrestle with critical price levels. Binance Coin (BNB) is hovering just below its all-time high, while Solana (SOL) faces strong headwinds at $180.
Although both coins have seen moderate gains over the past week, momentum seems to be fading. Investors and traders now look for clarity on whether this is a pause before a breakout or the start of a broader consolidation phase.
BNB Approaches Key Resistance Near All-Time High
BNB as of press time is priced at $654.26, reflecting a 0.06% daily change and a solid 2.7% rise over the past week. The price has climbed steadily from its 2023 lows, regaining bullish momentum that has carried it near the $675–$700 resistance band. This zone also aligns with BNB’s previous all-time high, creating a psychological barrier for further gains.
Historically, BNB faced rejection near this range, which makes the current consolidation significant. If buyers manage to break through this level, a new all-time high could follow.
However, failure to sustain above $675 might lead to a short-term correction. Key supports remain at $520 and $370, which have held strong during past dips. These levels could offer attractive entry points if selling pressure increases.
Solana’s Recovery Faces Tough Road Near $200
Solana has also seen a modest bounce, at the time of writing SOL is trading at $173.07. The daily gain sits at 0.81%, while its weekly movement has been minimal. After falling sharply to around $120 earlier in 2025, SOL found support and rebounded. However, the $200–$210 range continues to act as stiff resistance.
This level has rejected multiple attempts over the last year, showing strong selling interest. If SOL can push through, it may set up a run toward its all-time high near $260. On the downside, the $120–$130 zone remains vital for continued bullish sentiment. Any break below this could extend the downtrend.
