Renewed Demand And Key Resistance Define Next Move

Solana is currently trading above a critical demand zone, showing strength as it holds firmly above the $170 level.

Solana is currently trading above a critical demand zone, showing strength as it holds firmly above the $170 level. However, to confirm the continuation of a sustained bullish rally, SOL must break and close decisively above the $185 resistance level.

This region has acted as a strong ceiling in recent price action, and reclaiming it would likely unlock the momentum needed for further gains. The current rally across the broader crypto market, including Bitcoin and Ethereum, has fueled optimism that a larger bullish phase may be unfolding.

For Solana, this could mark the start of a powerful trend reversal after months of volatility and uncertainty. Importantly, on-chain data supports this bullish case. According to Glassnode, Solana has reversed its negative realized cap flows, and its 30-day capital inflows are now back in positive territory, currently growing at a rate of about 4–5%, which is similar to what is being seen in XRP.

Solana 30-day realized cap flows have reversed and capital inflows are growing again.

This shift signals a return of investor confidence and renewed demand within the Solana ecosystem. Such metrics are crucial, as they reflect actual capital commitments rather than just speculative sentiment. If momentum continues and SOL reclaims the $185 level, it could trigger an aggressive breakout and lead the altcoin sector higher.

The next few days will be crucial for Solana. Holding above support while attempting to break resistance could define the structure of the next major move. A successful push higher would support the idea that Solana is not only recovering but potentially leading the next phase of altcoin expansion. Traders and investors alike are watching closely as this key test unfolds.