$SOL is consolidating around $120–$130, showing mixed momentum with key support near $120 acting as a pivot.
Network usage and transaction volume remain strong, with whales accumulating SOL despite muted price action.
Bullish catalysts include growing ETFs inflows and major upcoming upgrades (like Alpenglow), which could boost throughput and adoption.
Technical resistance near $130–$140 must be cleared for a sustained rebound toward higher targets.
If key support fails, downside risk increases, but long-term ecosystem growth and institutional interest support a cautiously optimistic outlook.
SOL
137.96
+1.29%