Solana is trading around $139.57. The asset is moving within a consolidation phase, reflecting market caution and moderate profit-taking after recent volatility.
Sol has broken weekly trendlyne and the next targets will be shared in the article below.
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Sol Next Target
- Price: $139.57
- 24-Hour Trading Volume: 3.37 million SOL
- Estimated Market Cap: Around $78–79 billion
- Circulating / Total Supply: 554 million SOL circulating, 613 million maximum
The price has broken down the ascending triangle pattern. Currently, it looks ready for further downward movement.
Key Indicators & Market Signals
- Support Zone: $135–$140 — this area has held firm, providing a base for SOL.
- Resistance Zone: Around $145–$150 — clearing this could trigger bullish momentum.
- On-chain activity remains relatively stable, indicating that usage (DeFi, staking) isn’t weakening.
- Momentum indicators suggest neutral-to-cautious sentiment; a decisive move will likely depend on a fresh catalyst.
Latest News Highlights
- Analysts note moderate institutional interest returning to Solana as liquidity stabilizes.
- Some stakeholders believe SOL is going through a “sleeper phase,” accumulating quietly before the next leg.
- Inflation and unlock schedules remain a topic of discussion — potential token unlocks could influence supply dynamics.
Summary
Solana trades near $139.57, with support around $135–$140 and resistance near $145–$150. A breakout above resistance could push SOL toward $160+, while a drop below support may test $130–$135.
With solid long-term fundamentals and active on-chain usage, SOL remains a strong contender — though short-term price moves may stay range-bound unless a meaningful catalyst emerges.
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