🧠 Professional Analysis of Solana (SOL) – July 13, 2025
Solana has shown solid performance, currently trading at $161.83 USD, with a 1.91% increase in the last 24 hours. This rally adds to a weekly gain of 9%, indicating sustained interest from investors.
🔍 Key Driving Factors
Institutional Flows: The recent influx of exchange-traded fund (ETF) flows has provided an additional boost to the price of SOL. The Solana Staking ETF (REX-Osprey) raised $12 million on its first day, signaling a clear appetite from institutional investors.
Network Activity: Solana has reached over 15 million active addresses, surpassing other layer 1 and 2 blockchains in terms of daily activity. In the second quarter of 2025, the network generated $271 million in revenue, leading the blockchain sector by a wide margin.
📈 Technical Outlook
Key Support: The support level at $140 USD has proven to be resilient, providing a solid base for potential corrections.
Immediate Resistance: The next resistance is around $175 USD, a level that coincides with previous inflection points on the chart.
Technical Indicators: The RSI remains in neutral territory, suggesting that there is still room for upward movements without entering overbought conditions.
🧠 Recommended Strategy
Traders and analysts are advised to maintain a cautious stance, observing consolidation above the mentioned support level. Gradual accumulation at correction levels could be a prudent strategy, especially if institutional flows continue and the Solana narrative strengthens.
