Solana’s $130 Bounce Signals Potential Altcoin Market Rebound

Key Points:

Solana ($SOL) has shown resilience by defending the $130 support level and forming a V-shaped recovery pattern, indicating potential movement towards the $180–$250 range.
Institutional interest in Solana remains strong, with spot SOL ETFs accumulating around $420M in inflows despite recent corrections. Futures open interest is above $7B with positive funding rates.
On-chain activity shows an 18% increase in daily active addresses for Solana over the past month, suggesting genuine network usage beyond speculative trading.
The current environment favors narratives like AI, creator platforms, and DeFi perps, aligning with institutional investment themes. Tokens such as SUBBD Token, PEPENODE, and Aster are positioned within these narratives.

Additional Highlights:

SUBBD Token ($SUBBD): Focuses on AI-powered subscription platforms for creators. It is currently in presale with staking yields at 20% APY.
PEPENODE ($PEPENODE): Offers a 'mine-to-earn' browser game with potential 567% gains if market conditions favor meme coin liquidity.
Aster ($ASTER): Operates as a multi-chain perp and spot DEX, benefiting from increased volatility and leverage in the market.

Solana weekly chart

Disclaimer: This summary is informational only; conduct independent research before investing.