Key notes
- A major whale filed $ 2 million in Binance after reserved $ 2.94 million in profits, but still contains $ 3.87 million in jitosol.
- The increase in the local structure and low Momentum indicators suggest a potential drop to support levels of $ 157, or even $ 120.
- Sol is the only crypto top-10 (excluding stablecoins) with a negative financing rate, referring to increasing pressure.
Solara
GROUND
$ 150.7
24h volatility:
2.6%
COURTIC CAPESSION:
$ 78.04 B
Flight. 24 hours:
$ 3.80 B
is again captured in a turbulent mixture of chain changes, short subtle pressure and contradictory technical indicators. Meanwhile, a major whale has recently disturbed and deposited 11,445 soil worth around 2.01 million dollars after a year of liquid.
According to ONCHAIN’s objective, the relief of the whale resulted in a tidy profit of 2.94 million dollars. A year earlier, the whale had withdrawn 30,000 soil worth 2.95 million dollars and converted the whole sum into jitosol – a token derived from liquid alcohol.
An overwhelmed whale and deposited 11,445 $ Soil worth 2.01 million dollars #Binance After a year of liquid ignition, resulting in a profit of 2.94 million dollars.
The whale withdrew 30,000 $ Soil ($ 2.95 million) A year ago and converted into jitosol $. The whale still contains $ 18,290 Jitosol, worth $ 3.87 million …… pic.twitter.com/lvdorl3etu
– Lens Onchain (@onchainlens) May 27, 2025
Despite the recent partial outing, the whale still retains 18,290 jitosol, currently estimated at around $ 3.87 million. It is clear that if part of the position has been liquidated to make earnings, the investor continues to show long -term confidence in the Solana’s clearing ecosystem.
Glassnode adds another layer
Glassnode data revealed that Solana is the only top 10 of non -stable assets with a negative financing rate, seated at -0,0002%. Although this figure is tiny, it is significant in what it represents – a meager subtle but emerge towards the Bossaise on the derivative market.
$ Soil is the only top 10 (excl. Stablecoins) with a negative financing rate. At -0,0002%, it is small – but can point out a pressure building in the short term early.
Regularly check the list of assets to locate emerging aberrant values through chain and out -of -chain data: pic.twitter.com/9j8xgolzh5
– Glassnode (@glassnode) May 27, 2025
A negative funding rate indicates that traders with short positions pay those who have long positions, which implies that more traders bet on a drop in prices. Development does not necessarily spend an immediate destiny, but it could point out a short -term early pressure.
In many cases, such changes in feeling precede a greater decision, whether it is a breakdown if the momentum increases or a short pressure if the bears are captured out of game.
Technical perspectives: the momentum penetrates near the key levels
According to the weekly graph below, the Sol Price action currently oscillates just below the Fibonacci trace level from 0.382 to $ 185.29, having recently rebounded from the FIB from 0.236 to $ 157.18.
These levels are derived from the major rise between $ 60 and $ 304, and they serve as key areas for both support and resistance. A decision supported above $ 185 could open the way to regions of $ 208 and $ 230 – two important resistance levels.
Weekly Chart Sol with RSI, MacD | Source: tradingView
The MacD on the weekly deadline has confirmed a bullish crossing, indicating that buyers are currently controlling. RSI is in neutral territory at 53 years, which technically gives room for a movement in both directions, but it does not have the strength generally observed in strong ascending trends.
Adding to the concern is the increased corner structure observed on the graph. This model often breaks towards the decline.
If the price does not hold more than $ 170 to $ 175, it may review the support area of $ 157 and a violation below what could trigger a deeper correction to $ 120, the next horizontal support.
Do not miss Solaxy ($ solx)
While Solana Price action warms up, Solaxy ($ Solx) has appeared in investor reticulation as a new generation 2 layer 2 blockchain solution designed to improve the performance, scalability and reliability of the Solana network.
Although Solana is known for its high flow, it can always suffer from the congestion of the network, failed transactions and bottlenecks of scalability during advanced use. Solaxy is designed to solve these problems.
By introducing an architecture based on Rollup, Solaxy treats out chain transactions, effectively groups them and will regulate them on the Mainnet of the Solana layer 1.
This approach considerably reduces the congestion of the network and the defaults of transactions while preserving the safety and speed of the consensus mechanism for the proof of (POS) of Solana.
Solaxy and Tokenomics presale
With more than 98% per year by crisscrossing the awards, Solaxy takes care of the first participants and members of the community. The project has collected a huge $ 41 million in its current presale and the domination of the eyes through the cryptography sector.
Details of Solaxy’s presale:
- Token price: $ 0.001736
- Secure funds: $ 41.1 million
- Teleprinter: Solx
After the completion of the presale, Solaxy will autonomize the next generation of decentralized applications (DAPP) by offering a robust, customizable and high performance environment, amplifying Solana’s forces and resolving its basic limitations.
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Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
