Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
SOL Key Highlights
Emerging demand channels are limited in size
Key price resistance and technical indicators
SOL reached $117 after a 21% surge in a week, but was still 44% lower than the price of a year ago. SOL needs to rise 152% to hit the peak of $295 set in January 2025.
Internet costs plunged 97%, from $33 million a day to about $1 million.
The U.S. Solana Spot ETF attracted a net inflow of US$28.87 million on September 22, bringing the cumulative inflow to US$1.47 billion.
As the September 28 "Alpenglow" network upgrade approaches, technical analysts view the US$119 -121 range as a key resistance band.
Solana (SOL) Price Trend
SOL is currently trading at US$116.87 and has experienced a sharp 21% rebound in the past seven days. Despite its recent strong performance, the digital asset is still down 44% compared to its value twelve months ago. To return to the peak of $295 set in January 2025, the current price will need to increase by an additional 152%.
This January high coincides with the memecoin trading boom, driven in part by the launch of the TRUMP token. At that time, Internet costs were as high as $33 million per day. The current daily cost hovers around $1 million, a drop of 97%.
Since previous highs, Solana's circulating supply has expanded. There are currently approximately 587 million SOL tokens in circulation. If the token price returns to US$295, the network valuation will be close to US$173 billion, exceeding the previous high of approximately US$140 billion.
Emerging demand channels are limited in size
One of the new sources of buying pressure is institutional investment vehicles. As of September 17, the U.S. -listed Solana Spot ETF managed approximately US$1.42 billion in assets, having recorded positive capital flows for twelve consecutive weeks.
SoSoValue data showed that on September 22 alone, these funds recorded a net inflow of US$28.87 million. This pushed total cumulative inflows to US$1.47 billion, and total net assets to US$1.77 billion.
Tokenized stocks are another demand driver. Solana hosts approximately $465 million worth of such tools, leading all competing blockchains. On September 17, the U.S. Securities and Exchange Commission (SEC) granted a five-year exemption period for trading platforms in the industry.
Market analyst SatoshiOwl pointed out that recent price movements are in line with his forecasts. He said: "What you say must be done. Yesterday I said that $SOL looked ready to pull back into the $113-$114 range before the next rise, and it did.# SOL directly pins into the area and bounces." He mentioned initially focusing on $120 and then on $124 if current support is maintained.
What you say must be done. _38] Yesterday I said that $SOL looked ready to pull back to the $113-$114 range before the next rise.
而事实正是如此。#SOL 直接插针进入该区域并反弹。
