Long-term holders of Solana are accumulating at a six-month peak, indicating confidence in the asset. New address activity, however, has fallen to a six-month low, reflecting weaker retail interest which may hinder immediate price momentum.
The current trading price of SOL is around 119 USD, with vital support at 118 USD. A decline below this level could push prices down to 109 USD, but stability may allow SOC to reach the resistance level of 135 USD.
Leave a Reply