Solana Stalls at $140: The Hidden Forces Keeping SOL From Its Next Big Rally

Solana's price action has hit a wall—stubbornly clinging to the $140s like a trader clinging to last cycle's hopium. What's throttling its breakout potential?

Market mechanics or just another case of 'buy the rumor, sell the news'? Let's dissect the roadblocks.

First, liquidity dynamics. Thin order books above $150 create a gravity well—every rally gets sucked back into the mid-range. Market makers aren't playing ball either, keeping spreads wide enough to drive a institutional-sized truck through.

Then there's the gamma trap. Options open interest clusters at $150 like Wall Street hedge funds at a free buffet—creating a self-fulfilling resistance zone. Spot buyers get impatient, leverage gets flushed, rinse repeat.

Meanwhile, the 'Ethereum killer' narrative keeps getting interrupted by—checks notes—Ethereum actually working better post-Dencun. Awkward.

Will SOL break free? Maybe when Bitcoin stops cosplaying as a stablecoin. Until then, enjoy the range—and the overleveraged degens getting liquidated at both ends.

Solana Price Prediction: Stuck in the $140s — What’s Holding SOL Back from Breaking Out?

As far as Solana’s price chart is concerned, the altcoin may be very close to breaking out, given the direction of its indicators.

Most notably, its resistance (red) and support (green) levels have been verging towards each other for a couple of months, and are close to meeting.

This could result in a big move for the solana price, and seeing as how the coin’s RSI (purple) and MACD (orange, blue) are both in oversold positions, such a move will likely be upwards.

Other bullish indicators include SOL’s volume, which is at $4.2 billion today, while the token has also witnessed a series of big transfers over the past week.

There’s also the fact that Solana remains the third-most popular crypto among institutions, after Bitcoin and Ethereum, with digital funds holding a total of $1.39 billion in SOL at last count.

These are all positive signs, and if we disregard the tensions in the Middle East, SOL should return to $200 by the end of next month.

As for the bigger picture, Solana remains one of the fundamentally strongest altcoins in the market, with TVL of $8.3 billion.

Solana's Alpenglow proposal is brilliant

Incredibly fast, achieving finality at 150ms, allowing DeFi to directly compete with CeFi on speed

Byzantine fault tolerance is increased to 40%, up from 33%, making it more secure

Love or hate SOL, this is cutting-edge freedom tech!

On top of this, it’s looking forward to some potentially game-changing upgrades later this year, including the Alpenglow consensus update and the Firedancer validator client.

Together, these changes will make Solana faster and more secure, which in turn should help it attract even more usage and adoption.

This is why the solana price is on track to hit $300 by Q4, and $400 by the end of the year.

Solana-Based Layer-Two Network Solaxy Raises $54 Million in Biggest Presale of 2025

One of the reasons why Solana is such a strong contender right now is because of all the tokens and platforms running on its blockchain.

It has a thriving ecosystem of dapps and projects, and one of the newest and most exciting at the moment is Solaxy (SOLX), a layer-two platform set to launch in four days.

Solaxy has raised an astonishing $54.8 million in its presale, with investors betting big that SOLX could become one of the best-performing new tokens of the year.

Another MASSIVE burn.

We’ve just burned 20,000,000,000 $SOLX, further tightening supply ahead of mainnet.

This follows our previous 35B $SOLX burn, bringing the total burn to 55 BILLION $SOLX – That's ~40% already burned!

View here: https://t.co/0izmHfkIJv

Less supply.… pic.twitter.com/Q7rIj0BCbc

SOLX is exciting because of its fundamentals, with its native Solaxy platform serving as Solana’s first ever layer-two network.

It will provide ultra-low transaction fees and confirmation times, while also helping users avoid the failed transactions and delays that can still affect Solana in its current form.

Also bullish is the fact that it will be rolling out its own decentralized exchange and its own token launchpad, with Solaxy hoping to become a vibrant ecosystem in its own right.

As its native token, SOLX will be necessary to pay for transaction fees, while holders can also stake it for a passive income.

It could therefore attract huge demand, with investors still able to buy it early by going to the Solaxy website.

It currently costs $0.001766, and given the success of its sale, it could surge well beyond this price when it lists next week.