Solana Stalls Near $140 as $145 Resistance Holds Firm
The post Solana Stalls Near $140 as $145 Resistance Holds Firm appeared on BitcoinEthereumNews.com.
SOL trades below the $145 resistance level, with higher volume accompanying a pullback and short-term consolidation near $140. Santiment data shows network growth still declining, with new weekly wallets far below Nov 2024 levels. Charts highlight potential upside toward $165–$200, but support near $131 remains key for structure. Solana (SOL) traded at $140.28 at the time of writing, down 1.33% over the previous 24 hours, as the token remained below a key resistance band between $142 and $145. Daily data showed SOL opening near $142, moving above $143, and then retreating toward the $138.50–$139.00 range before stabilizing and edging back into the $140 area. Market data recorded 24-hour trading volume at $5.6 billion, up about 11.1%, with Solana’s market capitalization near $79.3 billion. Circulating supply was listed at 565.2 million SOL out of a total 618.2 million tokens. On-Chain Network Growth Tracks Resistance at $145 Analytics firm Santiment reported that Solana recently traded as high as $144 while “looking to break past” resistance at $145. The firm highlighted that the outcome of this test may depend on whether network growth begins to rise again. According to Santiment, weekly new wallets on Solana totaled 30.2 million in November 2024, compared with 7.3 million in the latest reading. 📊 Solana has jumped as high as $144 as it looks to break past its $145 resistance. This will largely depend on whether $SOL network growth can begin to rise again. The amount of new weekly wallets created in Nov ’24 was 30.2M. Now? 7.3M. 🔗 Track it: https://t.co/5JAG5351qC pic.twitter.com/M0JAacNfYH — Santiment (@santimentfeed) January 12, 2026 Santiment’s chart commentary indicated that earlier price breakouts coincided with an increase in new addresses and broader on-chain activity, while periods of weaker network expansion aligned with softer price performance and extended corrections. The current network growth trend…
Filed under: News - @ January 13, 2026 11:27 pm