Liquidity data from CoinGlass shows that Solana (SOL) is accumulating around the range of 182 – 194 USD, after a strong adjustment from the peak near 253 USD.
Notably, on the liquidity map, there is a dense cluster of orders in the range of 255 – 273 USD, considered as the 'high liquidity zone not yet swept' – where prices tend to return for a check when the market regains upward momentum.
💹 Technically, the range of 182 – 174 USD is playing a role as short-term support with high trading volume, indicating potential buying power absorbing the remaining supply after the adjustment period.
If Bitcoin continues to maintain a recovery trend, Solana is likely to experience growth in tandem, aiming to fill liquidity in the range of 255–273 USD in the medium term.
🌍 Besides the technical factors, the Solana ecosystem has recently been recording positive signals:
DeFi and NFT activities on Solana continue to grow.
Many Layer-2 projects and bridges are expanding to Solana to take advantage of low transaction fees and high speed.
Institutional capital is starting to allocate back into assets with strong technological foundations.
Aggregating these factors, SOL could enter a recovery phase if it maintains the accumulation zone of 180 USD and the overall market remains stable.
🔎 Analysis is for informational purposes only and is not investment advice.
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