Solana’s Critical $129 Support Zone: A Breakout Imminent?

Solana (SOL) is currently consolidating within a $117-$144 range, with a significant concentration of over 32M SOL around the $129.79 level, turning it into a key support zone. This price level now holds over 5% of Solana’s total supply, as revealed by UTXO realized price distribution (URPD) data, suggesting strong investor interest and potential stability. Meanwhile, Solinabot has processed over 2900 SOL in payouts on Telegram, highlighting growing utility and adoption. With compression indicating a possible breakout, traders are closely watching SOL’s next move.

Solana’s $129 Level: Investors Are Watching

Over 32M SOL now sits around $129.79, turning it into a key support zone. SOL has been consolidating within $117-$144, with a compression suggesting that a breakout could be near. The latest UTXO realized price distribution (URPD) data revealed a clear shift – over 5% of Solana’s total supply is now concentrated around this price level, indicating it may act as significant support.

Solinabot Records Over 2900 SOL in Processed Payouts on Telegram

Since its launch at the end of February 2025, Solinabot, a Telegram-based decentralized finance (DeFi) application built on the Solana blockchain, has processed over 650 verified payouts, totaling more than 2900 SOL. The team reports that all payouts are verifiable on-chain, with transparency maintained via the official Telegram payout channel. The Solinabot community has grown steadily, reaching over 1050 members, reflecting increased engagement and interest.

Solana ($SOL) Sees Inflow Surge, Indicating Possibility for Price Spike

Solana ($SOL) has recently witnessed a considerable rise in inflows, pointing toward the potential for a price surge. Traders are showing increasing interest in Solana compared to other blockchains. Market data reveals that inflows into Solana have jumped significantly, with holders transacting the maximum quantity from Ethereum ($ETH) amounting to $41.5M. There was also a noteworthy influx of $37.3M from Arbitrum. Meanwhile, consumers on Sonic, BNB Chain, and Base shifted $6.6M, $14M, and $16M respectively. The liquidity resurge on Solana offers a promising outlook.

Canada Launches World’s First Solana ETF; SOL Price Jumps

Canada-based firm Purpose Investments has launched the world’s first Solana ETF, now trading on the Toronto Stock Exchange. On-chain data shows Solana staking deposits increased by 2 million SOL this week, pushing the SOL price up by 6% on Thursday and breaching the $135 resistance level. This performance outstripped both Bitcoin (BTC) and Ethereum (ETH). The bullish sentiment was further amplified by $270 million in new staking deposits this week.