- Solana has recovered above $120 after dropping to $117 earlier this week.
- The $130 resistance is a key level for Solana’s short-term momentum shift.
- Solana’s network activity dropped 97% in Q4 2025, affecting price trends.
Solana ($SOL) has been experiencing a notable recovery after dipping to $117 earlier this week. At press time, Solana is trading around $128.12, which marks a recovery of over 10% from its recent low.Â
Ali Martinez, a prominent analyst, highlighted this shift in price movement on his social media, noting the critical resistance trendline. His analysis suggests that Solana’s ability to break through this resistance could dictate the next phase of price action.
The recent price action suggests that Solana could be gearing up to test more significant resistance levels, particularly around $130. Ali Martinez pointed out that if $130 is cleared, the next major resistance would be at $135. A break above $135 could potentially lead to further gains, possibly pushing the price toward $144.
Solana Faces Key Resistance Levels at $130 and $135
The $130 level is a significant point of resistance for Solana. If the price manages to surpass this threshold, it would signal a shift in short-term momentum.
A close above $130 would set Solana on a path toward the $135 resistance level. A successful breakout could open the door for further upside, with the next target at $144.
However, for Solana to break through these resistance levels, it will need to maintain strong buying pressure. Each resistance level will require significant momentum for a breakout. If Solana fails to sustain the upward movement, it could face rejection at any of these levels.
On the downside, Solana has established initial support near the $125 mark. A further decline below this could lead the price toward the $122 support level.Â
Should the price fall below $122, the next support zone would be at $117. A break below $117 would expose Solana to further downside, potentially leading to a drop toward $108.
Solana Faces Network Activity Decline Amid Price Fluctuations
One factor affecting Solana’s price has been the significant drop in its network activity. According to recent data from Dune, Solana’s network activity has plummeted by 97% in Q4 2025.Â
From a peak of over 30 million active traders in late 2024, the network has seen its monthly active traders fall to under 1 million in 2025. This sharp decline has contributed to the recent price volatility.
Despite this, Solana’s recovery above $120 suggests that the market is still watching its performance closely. Whether the network can regain its previous level of activity will be critical in sustaining the upward momentum and avoiding further price declines.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
