Fartcoin (FART) Breaks Through $1 Resistance, Surging 460% From Its Yearly Lows

This FART price surge marks an impressive 460% rally from its yearly lows and brings the token within striking distance of its all-time high.

Fartcoin (FART) has been making headlines this week after finally breaking through the crucial $1 resistance for the first time since January. This FART price surge marks an impressive 460% rally from its yearly lows and brings the token within striking distance of its all-time high. Among Solana-based meme coins, Fartcoin is now outperforming well-known names like Dogwifhat, Bonk, and Official Trump.

Nansen data reveals a significant shift in market sentiment. The volume of Fartcoin on centralized exchanges like Kraken, Gate, KuCoin, and Bitget has steadily declined. From 153 million tokens a week ago to 142.5 million today, exchange reserves have dropped by 1%, now making up just 14.08% of the total supply. Compared to Bonk’s 21.2% and Dogwifhat’s 54.76%, this is one of the lowest supply percentages among Solana meme tokens. A reduced exchange supply typically signals investor confidence, with more holders moving assets to private wallets, suggesting they’re in no hurry to sell.

Chart 1 – FART Live Price, published on TradingView, April 24, 2025.

This FART bullish chart pattern suggests that bulls have regained control, pushing the market into a possible breakout phase. However, price movements around key resistance levels like $1.20 and $1.76 will determine if the token can sustain this rally.

Fartcoin Breakout or Distribution Phase? What Wyckoff Theory Suggests

Despite the positive outlook, traders should remain cautious. According to the Wyckoff Theory, assets typically enter a distribution phase after a strong markup or FOMO phase, which Fartcoin appears to be experiencing now. If this happens, it could lead to a markdown, where the price pulls back after an overextended rally.

For now, however, the market remains optimistic. If Fartcoin can convincingly clear its cup and handle target and hold above $1.20, the FART bullish breakout scenario could extend toward its all-time high of $2.73. Continued low exchange reserves and rising on-chain activity will be key indicators to watch.

Fartcoin Outlook: Will FART Hit a New High or Face Meme Market Pressure?

With growing meme coin competition on Solana, Fartcoin has carved out a unique niche thanks to its sharp rise and strong community support. Its tight exchange supply, favorable technical patterns, and market buzz position it as one of the more compelling meme assets right now.

In summary, the FART live price continues to show resilience amid broader market turbulence. While risks of a distribution phase loom, the FART price surge and supportive technical signals suggest potential for further upside. Whether or not it can maintain this momentum hinges on breaking key resistance levels and sustaining low exchange supplies.