Solana Attempts Recovery as Analysts Expect Higher Move if $130 Support Holds

3 mins mins

Key Insights:

Solana’s recovery hinges on $130 support; analysts predict higher moves if this level holds.
The asset outperforms competitors, generating 37% more revenue than second-place Hyperliquid in 2025.
Solana sees strong market activity with $4.7 billion in 24-hour trading volume, suggesting growth potential.

80f1b069 9e2b 400b 9381 ba708813d438 — *Solana Attempts Recovery as Analysts Expect Higher Move if $130 Support Holds*

Solana ($SOL) has seen a healthy pullback in recent trading but is now looking to recover. Analysts suggest that if the $130 support level holds, the asset could move higher. As of press time, the asset is trading at $138, with a 1.32% increase over the last 24 hours. Despite some volatility, the general market sentiment remains optimistic about Token`s potential.

Solana’s Current Price Action and Key Support Level

Solana’s recent price action shows signs of recovery after a pullback. The key level to watch is $130, which is seen as a support zone. If the price maintains above this level, analysts predict a continued upward move.

Crypto analyst Curb.sol commented, “looking for $130 to hold + continued move higher,” signaling confidence in the potential for further gains.

Currently priced at $139.44, the token price has shown some resilience. However, the direction of its next move heavily depends on whether the $130 support level remains intact. If the price falls below this zone, the outlook could shift, but as long as it holds, a push toward higher levels seems likely.

Solana’s Market Position and Potential for Growth

Solana’s position in the crypto market is strong, as it remains one of the top-performing chains by revenue. According to data, Solana generated 37% more revenue in 2025 than the second-place competitor, Hyperliquid. This success underlines the growing interest in the asset and its increasing role in the blockchain space.

Top 10 Chains by Revenue in 2025.#Solana 37% more than 2nd place #Hyperliquid. pic.twitter.com/iWTc1oeGZl
— Rand (@cryptorand) January 8, 2026

BitGuru also noted that consolidation is complete and price has already attempted a rebound, which suggests that the token has moved past a period of sideways trading. As long as the demand zone holds, further price increases are expected. Solana’s ability to maintain momentum could position it for additional growth in the near future.

The recent trading volume for asset has been strong, with over $4.7 billion in the last 24 hours. This indicates healthy market activity and interest in the token. The recent price movement of token shows a recovery trend, suggesting that market participants are willing to buy in at these levels.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.