Solana $SOL is currently undergoing a short-term corrective pullback, facing selling pressure and actively testing immediate support levels around $134–$138 after recent highs.

Traders are watching the overhead resistance at $144–$148 for the next decisive move.

Despite indicators suggesting a temporary cool-down, the long-term fundamental picture remains robust, bolstered by major institutional wins like J.P. Morgan's adoption of the network for commercial paper and the anticipation of significant network upgrades (Alpenglow/Firedancer) scheduled for 2025, which solidify its position as a high-throughput blockchain leader.

SOL
SOLUSDT
127.36
-3.85%

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