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Solana aims for $145 as network growth remains a concern
Solana Price Movement
- Solana #SOL moved above $140, targeting a key resistance at $145.
- SOL is trading around $140.2, up by 3% in the past day with a 220% surge in 24-hour trading volume.
Network Activity and DeFi Performance
- Weekly new wallet creation on Solana dropped from 30.2 million in November 2024 to 7.3 million.
- Total value locked in Solana's DeFi stands at $9.06 billion, down 30% from its peak.
Technical Analysis
- SOL’s 4-hour exponential moving averages suggest price strength, holding above 25, 50, and 100-period EMAs.
- The $145 level remains a strong resistance. Failure to close above could lead to a pullback toward $130–$135.
- A close above $145 may target $165–$180.
Institutional Demand
- Solana ETFs see continued support, with total net inflows exceeding $816 million since October 2025.
Subbd Raises Funds
- Subbd raised $1.4M, focusing on digital subscription with a token-based model using AI.
- The Ethereum-based SUBBD token offers exclusive content and premium tools for holders.
- Staking rewards of up to 20% are available, with the presale raising $1.44 million so far.