Solana’s SOL Hits $151 Wall—Can the Rally Break Through?
Solana’s native token SOL surges—then slams into a brutal resistance level at $151. The ’Ethereum killer’ now faces its make-or-break moment after a 30% recovery from April lows.
Technical hurdles ahead: The $151 price point has rejected SOL three times since March. Traders are watching volume closely—if buyers flinch, another pullback could trigger stop-loss cascades (and the usual chorus of ’I told you so’ from Bitcoin maxis).
Meanwhile, institutional flows tell a different story: SOL-based ETPs saw $12M inflows last week. Nothing unites hedge funds and degens quite like chasing the next pump—until the music stops.