$SOL is trading quietly around $126.72, accumulating after being rejected at $147.50. However, a massive divergence is forming: Prices are cooling down, but On-Chain fundamentals are skyrocketing to record levels.
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🔹 Fundamental Explosion
DEX trading volume reached $107 billion, surpassing ETH, Base, and BSC combined.
The number of active addresses surged by 50% weekly to 27.1 million. The volume of stablecoin transfers reached 312 billion USD, demonstrating practical utility.
SOL has surpassed 1 billion USD in Real Assets (RWA) tokenized, supported by cash flow from the BUIDL of the Rock Ridge and new infrastructure from the corporate company R3.
🔸 Technical Setup
SOL remains below the EMA-50 ($134) and EMA-200 ($136), confirming short-term weakness. RSI is at a low level of 38–40.
Selling pressure is waning. As long as the support range of $124 – $127 is maintained, the structure remains a healthy correction, not bearish.
The upcoming Alpenglow upgrade aims to complete transactions faster, reinforcing the long-term investment thesis.
🔹 The market is pricing cautiously, but the data is screaming growth. The level of $126 looks like an accumulation area before the next price increase.
Buy around the range of $124–$125.
$136 (EMA-200) and $141.60.
Cut Loss Below $120.90.
SOL is processing more D.E.X volume than ETH but is trading at a discounted price. Are you buying into the dip at $126, or waiting for the price to regain the $136 mark?
News and research information from Trading Insight is for reference only and is not investment advice. Please read carefully before making a decision.
