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Home Bitcoin

SOL Price Faces Key Support Amid Solana’s Rapid Network Expansion

Digital Pulse by Digital Pulse
January 16, 2026
in Bitcoin
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SOL Price Faces Key Support Amid Solana’s Rapid Network Expansion
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Solana is testing investor confidence because the SOL value slips again towards key help ranges, even because the community continues to increase throughout a number of fronts. After briefly pushing above $147 earlier this week, the token failed to carry its beneficial properties and is now buying and selling beneath $145.

Associated Studying

The pullback comes at a time when Solana is seeing rising institutional curiosity, rising real-world asset adoption, and new user-focused initiatives, making a distinction between short-term value stress and longer-term ecosystem development.

SOL’s value shifting sideways on the day by day chart. Supply: SOLUSD on Tradingview

SOL Worth Assessments Vital Help Zone

SOL has entered a short-term correction after failing to clear the $150 resistance space. The value dropped beneath the $146 and $145 ranges, shifting below the 100-hour easy shifting common. On the draw back, technical analysts are watching the $141–$140 zone, the place a bullish development line and Fibonacci help converge.

If the SOL value breaks beneath $140, the subsequent help sits close to $132, with additional draw back threat towards $124. On the upside, resistance stays close to $146 and $148. A confirmed transfer above $148 might open the door to a retest of $155 and probably $162.

Momentum indicators replicate cautious sentiment. The hourly RSI stays beneath 50, and the MACD continues to indicate bearish stress. Regardless of a wholesome buying and selling quantity of round $5 billion in 24 hours, SOL remains to be down roughly one-third from its value a yr in the past and properly beneath its earlier peak close to $293.

Regulatory Developments and Solana ETF Inflows

Past value motion, regulatory information within the U.S. could affect Solana’s medium-term outlook.

The draft invoice often known as the “Readability Act,” launched by the Senate Banking Committee, proposes reclassifying sure cryptocurrencies with exchange-traded merchandise as “non-incidental” property beginning in 2026. This is able to ease some SEC disclosure necessities for property like SOL.

If handed, the proposal might place Solana in the same regulatory class to Bitcoin and Ethereum, probably bettering institutional entry. Early indicators of curiosity have already appeared.

On January 15, U.S. spot Solana ETFs recorded $23.57 million in internet inflows, the very best in 4 weeks. Nonetheless, ETF property nonetheless signify solely about 1.5% of SOL’s market capitalization, limiting their rapid influence on value.

Community Progress Outpaces Worth Momentum

Whereas the SOL value struggles, Solana’s community continues to increase. In 2025, the blockchain processed $1.6 trillion in buying and selling quantity, accounting for roughly 12% of the crypto market. Its DeFi ecosystem stays anchored by platforms like Jupiter, Raydium, Orca, and Kamino, with TVL holding regular close to $11.5 billion.

A significant milestone got here as Solana’s real-world asset (RWA) ecosystem reached a report valuation of $1.15 billion, pushed by tokenized U.S. Treasuries, equities, and institutional funds. This indicators rising use of Solana as a settlement layer for conventional property.

Associated Studying: Bitcoin Tailwind: Cathie Wooden Sees ‘Reaganomics On Steroids’ Forward

Consumer engagement initiatives are additionally increasing. Solana’s Seeker cellphone is rolling out a big SKR token airdrop to over 100,000 customers, whereas Interactive Brokers has enabled 24/7 USDC deposits by way of the Solana community, bettering entry for world merchants.

Cowl picture from ChatGPT, SOLUSD chart from Tradingview



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Tags: ExpansionfacesKeyNetworkPriceRapidSOLSolanasSupport
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