#Write2Earn Solana price continues to face a huge upward pressure while it remains intact within a bullish pattern
Meanwhile, the rising interest of the institutions may eventually attract more liquidity, elevating the SOL price to new highs
The Solana price is currently trading around $146, down 3-4% on the day, having pulled back from recent resistance near $155 to $160. The token has entered a consolidation phase following a rally earlier this week and is testing key support amid mounting ETF optimism. Market sentiment remains broadly neutral-to-positive: on-chain activity and ecosystem growth support confidence, even as geopolitical jitters trigger short-term volatility.
In times when many altcoins are struggling to find a base, Solana is quietly attracting major investor attention. As per some reports, nearly $135 million worth of assets has been bridged from the other chains to Solana in the past 7 days. This also includes more than $70 million from Ethereum alone. This also suggests the growing cross-chain confidence and increasing utility. Ethereum-to-Solana flows leading the charge underscore shifting liquidity trends. This could be a major bullish signal for the SOL price ahead of the ETF approval.
Solana Sustains Within a Bullish Structure
Over the past couple of days, the SOL price has been facing huge bearish pressure as the sell-offs escalate, bringing the price close to $145. The token is forming consecutive lower highs and lows, hence displaying the rising dominance of the bears. Although the token is believed to maintain a descending trend and reach out to the local support, it remains within a huge bullish pattern. $SOL #BinanceSquareFamily $SOL #LearnTogether