By Afe Funbi Key highlights: Solana price trades near $196 while facing resistance at $211-$225, a zone analysts say could unlock higher moves if broken. On-chain metrics show SOPR above 1.0, supporting a bullish regime, but active addresses are falling, raising caution on participation. Analyst indicates $222 may act as a magnet if Solana clears […]
Tag: SOPR
By Olivia Stephanie TL;DR Solana retests $185–$190 resistance, with breakout targets at $205, $225, and $268 on charts. SOPR reading below 1 shows selling at a slight loss, signaling consolidation after a rally above $200. Whale wallets above 10,000 SOL hit record highs as the network briefly peaks at 107,540 TPS. Solana Consolidates Near Key […]
By ItalianCannon Whale Activity Surges: A mysterious group, “7 Siblings,” invested $42.66M to acquire 25,100 ETH at $1,700, while another whale borrowed 8.25M DAI to buy 5,227 ETH at $1,578. Market Uncertainty Persists: Despite aggressive accumulation, these whales are already underwater, with one facing a $5.27M loss and the other $460K down. SOPR Signals Weakness: […]