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.