Solana Flexes Bullish Momentum as UTXO Data Reveals Weakening Resistance Barriers

Solana just flipped the script—UTXO metrics signal dramatically reduced selling pressure ahead.

Technical Breakthrough

On-chain analysis shows key resistance levels crumbling. Fewer coins held at loss, fewer dormant wallets stirring—classic bullish divergence in action.

Market Mechanics

Traders aren’t clinging to break-even points anymore. That mass psychological barrier? Gone. Suddenly everyone’s a long-term holder—or at least acting like one.

Price Action Catalyst

Reduced UTXO resistance means cleaner rallies. Less baggage to drag through each leg up. Solana’s primed for moves that’d make traditional finance traders blink—and then short anyway.

Final Take

While Wall Street still debates whether crypto is ‘real,’ Solana’s slicing through technical barriers like they’re outdated regulation. Sometimes the market speaks—and sometimes it just laughs at resistance levels.

Solana ($SOL) is displaying indications of bullish momentum amid the positive market statistics. In this respect, the realized price distribution of solana ($SOL) has become favorable across UTXOs. As per the data from Ali, a popular on-chain analyst, a great amount of $SOL coins are currently clustered just below the all-time high (ATH). Hence, this development suggests a decreased resistance ahead.

Solana $SOL has little resistance ahead. Key supports to watch are $239 and $224. pic.twitter.com/X56UatTwE8

$SOL’s Realized Price Distribution Shows Massive Support Below All-Time High

Based on the exclusive market data, Solana ($SOL) is now facing minimum price resistance, while the realized price distribution has become supportive across UTXO. In this respect, most of the $SOL tokens are reportedly bulked below Solana’s ATH. Additionally, this development also reveals that up to 62.67% of the total $SOL were purchased below that point. This figure reportedly accounts for a staggering 16M tokens in total.

Keeping this in view, the respective positioning signifies that the majority of the $SOL holders are now in profit, likely decreasing selling pressure while also leading toward upward movement.

Solana Holders Stand in Profit Amid Anticipation of Support Near $224 and $239

According to Ali, Solana’s UTXO Realized Price Distribution (UPD) below the all-time high implies that a fewer $SOL holders are now underwater and hence have less probability to sell off during rallies. Such a distribution pattern often serves as a bullish signal, particularly when coupled with robust support zones. At the same time, the analyst suggests $239  as well as $224 as the key support points amid the bullish momentum.