Overview
- Solana rose roughly 5–6% over the last day to trade near $165–$167 after reclaiming the $162 pivot.
- Solana DEXs logged about $5.11 billion in daily volume, topping Ethereum and BNB Chain according to DefiLlama data cited in coverage.
- Total staked SOL increased by roughly 2.9 million since Friday, temporarily reducing tradable supply per StakingRewards figures.
- Flows show near-term selling pressure as short-term holder supply fell from 14% to 11% and more than 730,000 SOL moved to exchanges this week.
- Technical signals are mixed: an hourly triangle breakout favors recovery, yet a bearish daily MACD and a model showing 62% downside probability highlight weak momentum versus resistance at $168, $172, and $178 with supports near $162, $160, and $155.