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Solana faces major battle at $180 resistance: Can SOL rewrite history?

  • Solana (SOL) has witnessed a return of capital inflows after a period of outflows, signaling renewed interest and potential price appreciation.
  • Positive on-chain data and bullish signals suggest a bullish outlook for SOL, with the 30-day Realized Cap inflows growing by 4–5% and indicating recovery strength.
  • SOL is currently testing the $180 supply zone, with the possibility of breaking out towards the $200 psychological level if capital inflows and buyer dominance continue to strengthen.
  • The rally to $200 for SOL hinges on the strength of demand and whether buyers can sustain the current momentum, setting the stage for potential major price action in the near future.

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