{"id":297099,"date":"2025-07-27T23:45:13","date_gmt":"2025-07-27T23:45:13","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/297099\/"},"modified":"2025-07-27T23:45:13","modified_gmt":"2025-07-27T23:45:13","slug":"solana-2-reasons-why-sol-is-stronger-now-than-before-its-ath","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/297099\/","title":{"rendered":"Solana: 2 reasons why SOL is stronger now than before its ATH"},"content":{"rendered":"

\t\t\t\t\t\t\t\tKey Takeaways<\/strong><\/p>\n

Solana is consolidating just below the $200 breakout zone, with minimal resistance above. An Open Interest reset and cooling indicators point to a healthier setup for sustainable upside.<\/p>\n

Solana [SOL]<\/a> is on the brink of a major move!<\/p>\n

With price action tightening near a key breakout zone and on-chain data revealing thin resistance above the $200 level, we\u2019re all set for a potential push toward new ATHs. <\/p>\n

Adding fuel to the mix, Open Interest recently spiked to a year-to-date peak of $12.01 billion before easing slightly\u2014an encouraging flush of excess leverage.<\/p>\n

This is a reset that may indicate the clearing of excess leverage and a healthier foundation for the next leg up.<\/p>\n

Is SOL all set for a parabolic surge?<\/strong><\/p>\n

According to crypto analyst Ali Martinez,<\/a> Solana faces \u201clittle to no resistance\u201d once it breaks past $200 \u2014 a level that now doubles as both psychological and structural significance.<\/p>\n

The data backs this up, with the URPD chart showing a steep decline in token concentration beyond $200.<\/p>\n

\"solana\"<\/a><\/p>\n

Source: X<\/p>\n

The heaviest clusters sit between $165 and $176 \u2014 most selling pressure is already behind.<\/p>\n

With minimal historical overhead supply above, a clean break past $200.59 could act as a launchpad for SOL to reclaim, and possibly surpass, its previous all-time high.<\/p>\n

Open Interest reset may strengthen SOL\u2019s next move<\/strong><\/p>\n

After surging to a year-to-date high of $12.01 billion on the 23rd of July, Open Interest has since cooled<\/a> to $10.56 billion at press time.<\/p>\n

This flush of excess leverage showed that speculative fluff is being cleared, reducing the risk of a sharp downside liquidation event.<\/p>\n

\"\"<\/a><\/p>\n

Source: CoinGlass<\/p>\n

Despite the dip, OI remains elevated, indicating strong market engagement.<\/p>\n

Usually, such resets often lay the groundwork for more sustainable rallies, and with Solana<\/a> still holding above critical support levels, we\u2019re all set for renewed upward momentum.<\/p>\n

Momentum cools, but bullish structure is still intact<\/strong><\/p>\n

Solana\u2019s daily chart showed a healthy pause following its recent breakout, with price consolidating around the $185-$188 range.<\/p>\n

The RSI cooled to 60.84 at press time \u2014 out of overbought territory but still in bullish control \u2014 while the MACD line remained above the signal\u2026 with a narrowing gap.<\/p>\n

\"solana\"<\/a><\/p>\n

Source: TradingView<\/p>\n

Having said that, this is more of a slowdown than a reversal.<\/p>\n

Volume has dropped, but that\u2019s typical after sharp runs. Unless SOL breaks below $180, the bullish structure remains intact\u2014particularly if broader sentiment turns risk-on again.<\/p>\n

\t\t\t\t\t\t\t\t\t\t\tNext: BNB eyes $809 ATH: 2 major factors fueling its next leg<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Key Takeaways Solana is consolidating just below the $200 breakout zone, with minimal resistance above. An Open Interest…\n","protected":false},"author":2,"featured_media":297100,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,16,15],"class_list":{"0":"post-297099","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114927863381184240","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/297099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=297099"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/297099\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/297100"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=297099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=297099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=297099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}