SOL Holds the Line at $140 as Market Shrugs Off Upbit’s $37M Hack

Solana is holding steady around the $140 mark even as the market digests news of a major security incident on the Solana network involving Upbit. The South Korea’s largest crypto exchange confirmed that roughly $37 million in assets were moved from an Upbit hot wallet without authorization, prompting the exchange to halt withdrawals and initiate an internal investigation.  

Despite the scale of the incident, the broader market reaction has been muted—and Solana, in particular, has shown little sign of stress. With SOL maintaining its key support zone, traders are now watching whether this resilience reflects underlying strength in the ecosystem or simply a temporary disconnect from broader market risk.

In the same way, Outset PR keeps a constant pulse on media performance, publishing analytical reports that make PR campaigns as efficient and market-fit as possible. Just as resistance levels shape price action, data-driven insights shape how stories gain visibility and traction.

Solana Shows Signs of Recovery Amid Volatility

Source: tradingview 

Solana's price is currently bouncing between $120 and $143. Recently, it gained over 6% in a week, signaling a potential rebound. After a rough month with a drop of nearly 27%, it is now inching closer to its 10-day and 100-day averages at around $140. A break above $155 could spell further growth. This would be a jump of approximately 10% from the top of its current range. Past that, the next target could be $178, offering an exciting growth potential of upwards of 25% from its current position. Although challenges remain, Solana's movement hints at possible upward momentum if it clears these resistance hurdles.

How Outset PR Optimizes PR Budgets and Delivers Tangible Results

The purpose of any PR campaign is to boost brand visibility. Traditionally, this has meant securing as many publications as possible, often with unpredictable outcomes. It was difficult to know how many readers would actually see a story, leaving much of PR to guesswork. 

Actually, it had been guesswork until analysts of Outset PR developed Syndication Map—a proprietary tool that identifies which outlets attract the most traffic and where a story is likely to achieve the strongest syndication lift. Senior Media Analyst Maximilian Fondé explains:

If a company needs a top list article, we filter the table for media that publish this format, cross-check costs and placement conditions, and know within minutes which outlets to pitch. Over time, that builds into a comprehensive database of crypto-friendly publishers – something other players in the industry don't have right now.

Smarter Campaigns, Lower Costs

Campaigns built with Syndication Map are not about mass reach for its own sake. They are carefully crafted to serve specific goals. By narrowing the focus to the most effective outlets, Outset PR reduces unnecessary spending on low-impact publications.

Another key factor is communication. Outset PR’s dedicated Media Relations team, led by Anastasia Anisimova, has earned the trust of leading outlets through professionalism and genuine relationships.

Sincerity and friendliness are our core principles, earning us the trust of numerous media outlets. Unfortunately, not all agencies in our industry prioritize friendliness in their communications.

Extended Reach Through Syndication

Outset PR campaigns also achieve more visibility than clients initially pay for. Articles are frequently republished across aggregators and platforms such as CoinMarketCap and Binance Square, extending exposure far beyond the original placement. Well-placed articles can achieve up to ten times the outreach of the original post.

The case of StealthEX demonstrates this effect clearly: targeted tier-1 pitching led to 92 republications across outlets including CoinMarketCap, Binance Square, and Yahoo Finance, generating a total outreach of over 3 billion.

 

Outset PR Sets a New Standard  

Pitching to a major outlet still has value, but syndication often delivers far greater reach at a lower cost. Outset PR has mastered this strategy, combining proprietary tools, strong media relations, and syndication opportunities to deliver results backed by numbers.

Conclusion

SOL remains strong at $140, showing resilience. The market largely ignored the impact of Upbit’s $37M hack, a positive sign for overall stability. Bitcoin, Ethereum, and other key coins continued their usual patterns, unaffected by the incident. This stability may indicate investor confidence in the broader crypto market despite isolated disruptions.

 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.