In the last 30 days, the encryption market participants have newly known the network by connecting more than $ 120 million in liquidity to Solana (SOL) in other blockchains. According to Debridge’s data, traders have transferred the largest amount of money in Ethereum (ETH) to $ 41.5 million, and then entered $ 37.3 million from Arbitrum.
Meanwhile, BNB chains and Sonic -based users have $ 16 million, $ 14 million and $ 6.6 million, respectively.
The amount of total evangelized to Solana in another chain. Source: Debridge
The return of liquidity to Solana is in contrast to the recent task of the network. Following the scandal of Argentina’s scandal, Solana saw Solana’s $ 480 million in other blockchains such as Ether Leeum and BNB chain.
The current liquidity inflow of Solana is in line with the repayment of two -digit water prices of Memecoins such as Popcat, Fartcoin, Bonk and WiF over the last seven days.
However, according to further analysis, the total generated fee in March is less than $ 46 million. Depending on the situation, Solana’s fees peaked at more than $ 400 million in January 2025. The total commission that occurs during the month of April is about $ 22 million.
Solana total generation fee and profit. Source: Defillama
Related: Spot Solana ETFS to be released in Canada this week
Solana Price is uphill.
From a technical point of view, Solana remains weak on the day chart. SOL must close more than $ 147 every day for optimistic trends, showing an optimistic structure of the structure.
SOLANA 1 day chart. Source: COINTELEGRAPH/TradingView
Solana remains at $ 140, and the 50 -day index moving average (blue line) is a strong resistance. Strength of more than 50-EMA will increase the possibility of positive trend reversal, but SOL prices have been stagnant at the current level.
In the lower time frame (LTF) chart, Solana showed weakening between the price and the relative strength index (RSI) indicator. Historically, the weakening of the weakness informed the modification of Solana in 2025. SOL has experienced four weakening differences since the price has fallen since January.
Solar or 4 hours chart. Source: COINTELEGRAPH/TradingView
There is a strong similarity between the previous and the present weakness. The two settings were made in a four -hour chart after the price temporarily moved to 50 and 100 days EMA (Blue and Green Line), which led to a decline.
Therefore, Solana can follow a similar path within the next few days. The daily demand area is an immediate area of bounce between $ 115 and $ 108.
Meanwhile, in the X post, GlassNode has changed Solana’s realization price distribution significantly, and more than 32 million SOLs have been purchased for $ 130 over the last few days. This is 5%of the total supply. In other words, the $ 130 level can be a strong support level in the future. Analysis has been added.
“You can see less than $ 129, $ 117.99, while you can see $ 117.99, while 27m $ SOL (4.76%) sit for $ 144.54. In the short term, $ 144 can be used as a core pivot area, at the lower limit of the price of $ 117.”
Solana UTXO has realized the price. Source: Glass Node
Related: Bitcoin price recovery can be limited to $ 90K.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.