$SOL Prices continue to surge! On Friday, it spiked to $185, with a weekly increase of about 15%. Family, this is one of the signals that the altcoin season is approaching 📶.
Key signal appears: The funds flowing into SOL from major market participants (open interest OI) have broken through $9.71 billion on-chain data, setting a new historical high! This indicates a substantial influx of new capital and strong confidence.
The on-chain ecosystem of SOL is also booming: the total value locked (TVL) has risen to $9.87 billion, the highest since February, indicating a significant increase in user activity.
From a technical perspective, bullish sentiment is present. After SOL breaks through the key resistance at $160, the next target is clearly $200! Next, we watch for a pullback to the range of $163.75–$166.38, averaging at $164.8 for gradual positioning.
There is never a lack of funds on SOL, only a lack of favorable conditions. This wave of funds must be invested in the SOL ecosystem, which is also a good coin strongly promoted by the Yangtze River. Big funds can freely enter and position. In this bull market, I am optimistic about it.$SOL