Crypto
Solana Price Stalls at $121 as Resistance Zone Looms
Solana's price has been on an upward trend, gaining 14.6% in September and entering October near $121.
This follows a strong August where SOL rose by 41.5%, reaching above $124 late in the month.
The immediate resistance zone sits between roughly $124 and $125, with a break above this range necessary for a move towards $148.
However, institutional demand has slowed down, with U.S. Solana ETFs attracting only $800,000 last week after pulling in $188.1 million the prior week.