Solana: Discover Key Support Resistance Levels

Key Solana Price Levels Identified by On-Chain Data

• Solana’s UTXO Realized Price Distribution (URPD) indicates significant supply at $144.
• The $112 level now hosts 9.7 million SOL, up from 4 million in January, representing 1.67% of the total supply.
• Price levels at $94, $97, and $100 collectively hold nearly 21 million SOL (3.5% of supply).
• If current support levels fail, the next major cluster is at $53.
• Resistance is expected at $135 and $144 due to large acquisition levels of 26.6 million and 27 million coins, respectively.

Solana’s price has increased over 5% in the last day, reaching approximately $130. Key support and resistance levels identified by on-chain data could influence future price movements.