✨ $SOL consolidates at $180 after correction — Is there a new push towards $200?
Current price and clear technical structure
Solana is trading at $180.54, after fluctuating between $177.17 and $186.61 during the day. Although it shows a slight correction, it maintains its position within the upward channel, with firm technical support in the $178–$180 zone, key to sustaining the July rally.
Key factors
The price of SOL has risen approximately +9% this week.
The staking ETF (REX-Osprey/SKN) has already surpassed $100M in AUM, capturing institutional attention due to its profitability.
Upexi has accumulated over 2 million SOL, suggesting strong structural demand.
The network shows mixed signals: while the price rises, some analysts warn of congestion or possible sell-offs after future unlocks.
Technical level of the day
Support: $178–$180 (intraday lows)
Resistance: $186–$188 (intraday highs)
Critical zone: staying above $180 could trigger a recovery towards $186–$190, with a possible extension towards $200 if the momentum is maintained.
Institutional outlook / macro view
Institutional strengthening (staked ETF, direct accumulation by Upexi) positions Solana as a yield asset, reflecting medium-term confidence. If the flows and the network maintain momentum, we could see a second bullish push on the horizon.
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