Is the Altcoin Season Finally Here? Solana (SOL), Cardano (ADA), and Sui (SUI) Lead the Surge

The start of 2025 is also the beginning of a new bull run for several altcoins. Solana (SOL), Cardano (ADA), and Sui (SUI) are currently leading this altcoin surge.

Solana (SOL), Cardano (ADA), and Sui (SUI) have begun 2025 with impressive gains, sparking speculation about an upcoming altcoin season.

Solana’s price surged over 10% in a week, continuing its rally from 2024. It broke out of the key EMAs and a crucial trendline resistance at $210.

Cardano also posted strong gains, breaking the downtrend line and aiming for the 52-week high. It rebounded from the 61.8 FIB support and the $1 mark.

Meanwhile, Sui crypto continued its bullish trend within a rising parallel channel, indicating higher highs and lows. It approached the channel’s upper trendline, hinting at a strong uptrend.

Solana (SOL)

Solana’s price kicked off 2025 with a strong buying spree, surging over 10% in a week. From the New Year’s Eve price of around $19.2, SOL climbed to highs of $21.08 on 7 January. With this rise, the altcoin also outperformed Bitcoin by posting double the gains.

The price also surged past the key 50, 100, and 200-day EMAs in a short span of time. This signaled a rapid bullish momentum and a quick shift in trend.

Moreover, SOL’s price broke out of a falling channel pattern on the daily chart. After testing the trendline resistance several times, the price finally split the line and closed above it. This breakout could indicate a continuation of the uptrend.

Solana’s price faced resistance at the $230 and $250 levels. These could act as potential upside resistance in the coming days. However, a breakout above the key resistance levels could confirm the bullish trend, especially if it was accompanied by high-volume trading.

On the other hand, if the price fails to break out of the resistance, it could pull back toward the 50% Fib support at $0.9700.

Cardano (ADA)

Cardano’s price also posted strong gains and recovered well from the bearish trend. The token broke the downtrend line and shifted its momentum toward the 52-week high. It also rebounded from the 61.8 FIB support and the $1 mark.

After testing the crucial support levels several times, ADA’s price finally broke out of the downtrend line and closed above it. This breakout could indicate a change in the downtrend and a potential uptrend.

Moreover, Cardano’s token began 2025 with a bullish note. Its price surged around 20% in the first week of the year. From the price of $0.90 on 31 December, ADA climbed to highs of $1.09 on 7 January.

However, the price faced resistance at the $1.10 level. This could act as potential resistance in the coming days. If the price breaks out of this key resistance, it could confirm the bullish trend, especially if it was accompanied by high-volume trading.

On the other hand, if the price fails to break out of the resistance, it could pull back toward the 50% Fib support at $0.9700.

Sui (SUI) Crypto

Sui crypto continued its bullish trend and was trading within a rising parallel channel. This usually represented bullish price action where the price creates higher highs and higher lows. The upward-sloping channel indicated robust buying momentum.

The current price position near the upper trendline of the channel indicated a strong uptrend for the altcoin. If the price broke out of the channel’s resistance, it could trigger a surge, confirming the bullish dominance.

Notably, the altcoin recently reached an all-time high (ATH) of $5.15 on 6 January. This was a strong signal of market confidence and showed that buyers were overwhelmingly outpacing sellers.

As the price charted an ascent, the RSI indicated positive divergence, which signaled sustained buying momentum. With RSI in a bullish range (above 50), it hinted at continued upward momentum as the asset hadn’t yet entered the overbought zone.