1 0
SOL Price Challenges Key Support as Solana Network Grows Rapidly
Solana's SOL token is facing challenges as it approaches key support levels, trading below $145 after a brief surge above $147. Despite this price pullback, Solana is experiencing increased institutional interest and expanding its real-world asset adoption.
SOL Price Analysis
- SOL failed to surpass the $150 resistance, dropping below $146 and $145.
- Key support zone is between $141–$140; a break below could lead to $132 or even $124.
- Resistance stands at $146 and $148; a rise above $148 may lead to $155 and $162.
- Indicators show cautious sentiment with RSI below 50 and bearish MACD.
Regulatory Developments
- The U.S. "Clarity Act" draft proposes reclassifying certain cryptos, easing SEC requirements.
- This could align Solana with Bitcoin and Ethereum, enhancing institutional access.
- U.S. spot Solana ETFs saw $23.57 million in net inflows recently.
Network Growth
- In 2025, Solana processed $1.6 trillion in trading volume, 12% of the crypto market.
- Its DeFi ecosystem holds a TVL near $11.5 billion.
- Real-world asset ecosystem valuation reached $1.15 billion, driven by tokenized assets.
- User initiatives include a SKR token airdrop and USDC deposits via Interactive Brokers.
