$SOL is currently trading at $208.98, showing strong momentum as it continues to benefit from increased network activity, particularly in the areas of DeFi, NFTs, and liquidity staking protocols. The first major support level is around $195, an area where buyers have previously stepped in, indicating strong demand at lower levels. A deeper support level is seen near $180, which has historically acted as a consolidation base.

On the bullish side, immediate resistance is placed near $220, where selling pressure may emerge as traders take profits. A successful breakout above this level could pave the way towards $240, marking the continuation potential of the uptrend.

Overall, SOL's price action indicates a healthy uptrend supported by fundamental factors such as high transaction throughput and growing ecosystem adoption. Traders should monitor price reactions at the $195 support and $220 resistance levels to assess the short-term direction, while long-term sentiment remains positive above $180.