Overview
- SOL is changing hands in the $183–$195 range, with buyers repeatedly defending support across $175–$186 after recent pullbacks.
- A daily close above the $195–$200 zone and the 200 EMA is highlighted as validation for upside toward roughly $221–$250, with some projections stretching to $300 if ETF flows build.
- Multiple rejections at the 200 EMA keep bearish scenarios in play, with a loss of $175 opening targets near $165–$160 and a high‑timeframe support cited around $145.
- Participation metrics are firming, with multi‑month high trading volumes, futures open interest reported above $8 billion, and recent net spot inflows of about $31.7 million.
- Fundamental supports referenced across reports include strong on‑chain activity, accelerating network revenue, and sizable institutional and corporate holdings totaling more than 20 million SOL.