Solana Tests Supply Wall at $250, Next Gate $272–$275 ATH
0
0
- Solana cools after run to $245–$250, key resistance blocking new highs.
- ETF delays weigh on bullish momentum as traders eye $272 ATH zone.
- Whale treasuries active with $98M FalconX withdrawal, $24M OKX deposit.
Solana price cooled after last weekend’s run toward a critical resistance near $245–$250. By Tuesday’s London session on Sept. 17, SOL slipped nearly 5% to trade around $236, giving it a fully diluted valuation near $143 billion. The pullback saw Solana fall behind Binance Coin (BNB) in market cap rankings.
SOL has also underperformed against Bitcoin this week, with the SOL/BTC pair trending lower as traders rotate into BTC strength.
Is Solana Facing Major Technical Resistance?
Yes. Solana’s first big supply wall sits just below $250. On-chain data flagged by Glassnode’s URPD indicator shows dense realized-price clustering at this level, su…
Read The Full Article Solana Tests Supply Wall at $250, Next Gate $272–$275 ATH On Coin Edition.
0
0
Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
0
0
0
0