Solana: A Potential 15% Price Rally for SOL is Within Reach

Despite some market uncertainty, interest from crypto whales in Solana (SOL) is showing signs of resurgence with significant buy orders recently reported. Analysts suggest that should SOL clear a substantial resistance level, there is a possibility for a 15% price increase.

Key Takeaways

Recent activity from crypto whales indicates renewed interest in Solana (SOL).
A large whale purchased SOL for $8.09 million, signaling potential bullish sentiment.
Trading volume for SOL has increased by 25%, indicating heightened market interest.
Analysts note a key resistance level at $145.85 that SOL must overcome to potentially reach $168.
If SOL does not breach this key resistance, a price reversal may occur.

Solana - A Potential 15% Price Rally for SOL is Within Reach

Renewed Interest from Whales

Amid the prevailing uncertainty, it seems that the interest of crypto whales in Solana (SOL) has revived. Recently, there have been reports of significant investment in the altcoin, which is typically an indicator of bullish sentiment.

On January 9, whale tracker Onchain Lens highlighted on X that a notable whale deposited an impressive $8.09 million, placing a buy order for SOL in the price range of $133.88 to $135. This substantial buy order underscores the whale's strong interest in SOL, even as the price has been relatively flat. As of now, SOL trades at $140, reflecting a 2.48% increase in the last 24 hours.

Market participation has also supported this bullish outlook, with trading volumes for SOL experiencing a notable jump of 25%, reaching $5.05 billion.

SOL Spot Inflow/Outflow

Bullish Sentiment Among Investors and Traders

Increases in trading volume paired with price movements usually suggest heightened interest from traders and investors in the existing trend. Data from Coinglass shows that both traders and investors currently maintain a bullish outlook on SOL, notably increasing their long positions in recent times.

The spot inflow/outflow metrics reveal that over the past 24 hours, exchanges have logged net outflows of $1.30 million—suggesting potential accumulation among investors.

Simultaneously, traders seem to be showing signs of over-leverage around the $136 level, having built long-leverage positions worth $111.52 million. It is crucial to note that another significant level at $141.4 has seen comparatively less interest, with $84.59 million worth of short positions being established.

SOL Exchange Liquidation Map

Analyzing SOL’s Price Action and Key Levels

The activities in the market suggest a bullish outlook for SOL. However, price action is also playing a critical role. According to technical analysis from AMBCrypto, SOL may face resistance at the key level of $145.85 on the daily charts.

Solana Price Action

Since November 2025, SOL has attempted to breach this resistance level over six times, yet it has failed to do so on each occasion. If SOL successfully crosses this key hurdle and closes a daily candle above the $146 mark, there is a strong possibility for a 15% jump, potentially reaching $168 in the days ahead.

Conversely, if it fails to break this critical level, a price reversal may be expected as history has shown.

Currently, the Average Directional Index (ADX), which measures trend strength, is at 27.36, slightly surpassing the key level of 25. This reading suggests a strengthening trend across the market. Furthermore, the 50-day Exponential Moving Average (EMA) indicates that SOL is likely to maintain an uptrend in the short term.

Conclusion

With increasing interest from whales and rising trading volume, SOL stands at a pivotal point. The outcome of its next moves will significantly impact its price trajectory in the days to come.