Overview
- SOL traded around $138–$142 on Dec. 10, up roughly 5–6% over 24 hours following a multi‑week pullback.
- Spot and futures activity accelerated, with about $6–7 billion in spot volume, $17–18 billion in derivatives turnover, and open interest near $7.3–$7.5 billion.
- Glassnode’s 30‑day realized profit‑to‑loss ratio has stayed below 1 since mid‑November, supporting analyst views of a deep liquidity reset.
- On‑chain metrics remained elevated, including roughly $3.5 billion in DEX volume, about 2.3 million active addresses, and close to 65 million transactions in the past day.
- Technicians are watching for a sustained break above $145–$150 to open targets near $165 and $185–$190, while a decisive loss of $131 would undermine the accumulation setup; the Dec. 11–13 Breakpoint conference is cited as a potential catalyst.