Metrics Reveal Solana Sees Uptick In Whale Activity – Accumulation Signal?

This accumulation trend, paired with rising momentum among bulls, could mark the beginning of a shift in sentiment after weeks of relentless pressure. If global risk appetite improves and Solana can hold key support zones, this whale behavior could lead to a sustained rebound in price.

Solana Tests Key Resistance As Investors Aim For A Recovery

Solana (SOL) is currently trading at $140, just below a critical resistance zone that has capped price advances for weeks. After showing signs of strength in recent sessions, bulls are now attempting to push SOL above the $150 level—a key threshold that, if broken, could quickly propel the price toward the $180 mark. The current momentum is being closely watched, as reclaiming this resistance would signal a trend reversal and provide the foundation for a stronger bullish recovery.

SOL trading below key resistance | Source: SOLUSDT chart on TradingView

To confirm an uptrend, SOL must break and hold above the $150 mark and then target the 200-day moving average, currently acting as a dynamic resistance. A decisive move above the 200-day MA would indicate a shift in sentiment and reinforce Solanas breakout potential in the near term.

However, if bulls fail to reclaim and defend these levels, bearish pressure could return. A rejection at current prices would likely open the door for a retest of lower demand zones. Losing support around the $125 level could take SOL back to $100—a level that previously served as a strong support during earlier selloffs. The next few days will be pivotal for determining Solanas short-term trajectory.