Brazen Solana Attempts Recovery as Analysts Expect Higher Move if $130 Support Holds
The post Brazen Solana Attempts Recovery as Analysts Expect Higher Move if $130 Support Holds appeared on BitcoinEthereumNews.com.
Key Insights: Solana’s recovery hinges on $130 support; analysts predict higher moves if this level holds. The asset outperforms competitors, generating 37% more revenue than second-place Hyperliquid in 2025. Solana sees strong market activity with $4.7 billion in 24-hour trading volume, suggesting growth potential. Solana Attempts Recovery as Analysts Expect Higher Move if $130 Support Holds Solana ($SOL) has seen a healthy pullback in recent trading but is now looking to recover. Analysts suggest that if the $130 support level holds, the asset could move higher. As of press time, the asset is trading at $138, with a 1.32% increase over the last 24 hours. Despite some volatility, the general market sentiment remains optimistic about Token`s potential. Solana’s Current Price Action and Key Support Level Solana’s recent price action shows signs of recovery after a pullback. The key level to watch is $130, which is seen as a support zone. If the price maintains above this level, analysts predict a continued upward move. Crypto analyst Curb.sol commented, “looking for $130 to hold + continued move higher,” signaling confidence in the potential for further gains. Currently priced at $139.44, the token price has shown some resilience. However, the direction of its next move heavily depends on whether the $130 support level remains intact. If the price falls below this zone, the outlook could shift, but as long as it holds, a push toward higher levels seems likely. Solana’s Market Position and Potential for Growth Solana’s position in the crypto market is strong, as it remains one of the top-performing chains by revenue. According to data, Solana generated 37% more revenue in 2025 than the second-place competitor, Hyperliquid. This success underlines the growing interest in the asset and its increasing role in the blockchain space. BitGuru also noted that consolidation is complete…
Filed under: News - @ January 9, 2026 3:28 am