Overview

• SOL traded around $228–$231 over the weekend after briefly slipping below $230, keeping price action confined to a tight range.
• URPD-based on-chain analysis highlights roughly $245 as the next major resistance where a substantial supply overhang may challenge buyers.
• Approximately $200 million in long positions sit between $200 and $220, forming a downside liquidity pool vulnerable to a sweep.
• Late September saw an NRPL flip with about $1.7 billion in realized losses and a drop to $200, followed by an 18.5% rebound and consolidation near $230.
• Analysts say holding $200 and clearing $240–$250 would likely open a path toward $250–$300, though softer altcoin flows and weaker new address growth could limit momentum.