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Solana increased cash withdrawals, prices rebounded, and the rally was strong

2026-07-08 18:01:34
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Solana is gaining momentum: the increase in withdrawals is parallel to the rebound in prices.

Solana has recently shown a significant recovery trend, rising 13.67% in the past week, and prices have stabilized in the range of US$79 -82. Daily trading volume exceeded US$1.6 billion, highlighting the reversal of trend in this long-term sideways consolidation of altcoin. As market participants ponder Solana\'s future direction, the trend is attracting a lot of attention.

What does the surge in SOL withdrawals mean?

The withdrawal of approximately US$120 million in SOL (approximately 1.5 million tokens) from centralized exchanges became a key event. Such large outflows indicate a weakening of short-term selling pressure, but experts caution against premature optimism about price increases. For the uptrend to remain solid, Solana needs solid support in the $75 to $77 range.

In addition, technical indicators send positive signals. The SuperTrend buy signal appears on Solana\'s three-day chart, which is crucial for traders focusing on technical strategy. Previously, the SuperTrend sell signal triggered a sharp decline, and investors are now waiting for confirmation of more than $82 to boost confidence in a rebound.

Can Solana hit $150?

According to Ansem\'s optimistic analysis, Solana is likely to challenge the $150 level again in the coming months. His view is based on the period when assets on the chain stay below key resistance levels for long periods-periods that often signal major market fluctuations. There is no need to accurately bargain-hunting. The key is to intervene when momentum increases, and $80 is regarded as a watershed.

From a technical perspective, the MACD indicator suggests that SOL still has upside potential, and the RSI is around 60, indicating that it is in a balanced state of neither overbought nor oversold. However, breaking through the resistance of the US$80-plus high-end zone and the US$90-low zone remains a short-term challenge.

World, a new on-chain prediction market, has been launched on the Solana network and accessible through Phantom Wallet, further enriching the ecosystem. Users can conduct predictive transactions on the cryptocurrency market and global events such as the 2026 World Cup. Such developments mark an increase in Solana\'s network user engagement and usefulness, driving its adoption rate.

As Solana posted a monthly positive for the first time in nine months and rose 38% from a low of $60, the asset\'s market value increased by $14 billion. Solana maintained a 13.67% gain last week, holding onto key price ranges. Large withdrawals on exchanges suggested a reduction in short-term selling. The introduction of World has added trading opportunities to the Solana ecosystem. Ansem believes that the $150 target is feasible given current trends and resistance breakthroughs.

The US$82 mark is crucial in the short term, and a breakthrough in the US$92 -95 range could trigger another US$100 shock. Solana supporters need to continue to pay attention to technical indicators and market conditions to grasp its potential evolution path.

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