For quite some time, Solana (SOL) has been holding above the 110 USDT range, often showing a noticeable bounce every time the price nears this zone. This recurring pattern indicates strong demand or “buying support” at around 110 USDT, suggesting that buyers step in before the price dips much further. In anticipation of a similar move now, I see it as a strategic entry point for accumulating more SOL. From a long-term perspective, consistently defending this level reinforces Solana’s bullish potential, even amid broader market swings.
Additionally, recent network upgrades and sustained developer interest continue to draw attention to Solana as a major Layer-1 contender. Despite occasional volatility, the ecosystem’s growth—evidenced by new applications and institutional partnerships—provides further optimism for long-term holders. Of course, no investment is without risk, and it’s always wise to manage one’s position size and consider overall market sentiment. However, given Solana’s track record at this key support level, I find it compelling enough to add more SOL to my portfolio at current prices. $SOL