Solana ($SOL) Market Alert — Is It Ready for the Next Big Leap?
Solana’s price action is showing renewed momentum as the token consolidates above key support levels. After a period of sideways movement, on-chain data and whale activity suggest that strong hands may be quietly positioning ahead of the next major breakout.
Analysts are watching multiple technical indicators: increasing volume in the accumulation zone, declining exchange reserves, and rising open interest in futures markets — all signals that often precede a sustained upward move.
However, market participants also point out that volatility remains elevated and macro conditions could trigger sharp retracements before any definitive uptrend begins. Traders are closely monitoring resistance around recent highs, which could act as a make-or-break level for the next leg upward.
The big question now is whether Solana has enough momentum and structural liquidity to push beyond its current range and ignite a fresh rally.
