Solana accumulation shows a Wyckoff-style base forming near $176–$169, signaling a likely bullish reversal if support holds; short-term targets point to $260–$280 as capital inflows and net bridging volumes support renewed upward momentum.
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Wyckoff accumulation forming near $176–$169, indicating potential bullish reversal.
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Over $1 billion net bridged into Solana in 30 days, outpacing Ethereum, Arbitrum, and Base in recent inflows.
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Key technical targets: $260–$280; immediate resistance sits at $190–$195, with current price testing demand zones.
Solana accumulation: SOL shows a Wyckoff base near $176–$169, supported by >$1B inflows; monitor support to target $260–$280 — read full analysis.
Solana builds a Wyckoff accumulation base with strong inflows, testing support at $176–$169 as price targets shift toward $260–$280.
- Solana forms Wyckoff accumulation base, signaling bullish reversal with targets at $260–$280.
- Strong capital inflows boost Solana, surpassing Ethereum, Arbitrum, and Base in net bridging volume.
- Key support between $176–$169 must hold to maintain bullish structure and upward momentum.
Solana (SOL) is building a clear accumulation structure after a sharp decline earlier this year. The market has formed concentrated consolidation zones that commonly precede upward moves, while technical models now point to a potential bullish reversal. At review, SOL traded near $184–$187, reflecting intraday strength.
What is the Wyckoff accumulation pattern visible on Solana charts?
The Wyckoff accumulation pattern is a multi-phase consolidation where supply is absorbed and demand begins to dominate. Solana accumulation shows rectangular demand blocks and higher lows since April, consistent with a transition from markdown to markup phases on SOL price charts.
How strong are the capital flows into Solana and why do they matter?
On-chain monitoring shows >$1 billion bridged into Solana over the past 30 days, according to public on-chain trackers and market reports. These inflows increase liquidity, support price discovery, and back the observed accumulation, making breakouts more sustainable if support holds.
How is price structure and support forming for SOL?
Price structure shifted after a steep fall from February–March, followed by a recovery phase. Two rectangular accumulation blocks around $175–$177 created a base for higher lows. Short-term resistance sits at $190–$195; defending $176–$169 is critical to preserve the bullish structure.
$SOL is showing a clear accumulation pattern, a strong sign of a bullish reversal. pic.twitter.com/Z6cBGQRYzh — 𝐊𝐚𝐦𝐫𝐚𝐧 𝐀𝐬𝐠𝐡𝐚𝐫 (@Karman_1s) August 20, 2025
Analyst Kamran Asghar noted that “SOL is showing a clear accumulation pattern, a strong sign of a bullish reversal.” His chart projection indicates a target zone near $260–$280 if the current structure holds and volume confirms a breakout.
What are Solana’s market metrics and on-chain indicators?
Solana’s market capitalization is reported near $99.74 billion, with a fully diluted valuation around $112.24 billion. Circulating supply is approximately 540.19 million SOL, total supply ~607.90 million, and 24-hour trading volume about $6.57 billion. These metrics show strong market participation.
On-chain trackers and market commentators report consistent inflows. Public on-chain monitoring indicates net bridging into Solana exceeded $1 billion in the past 30 days, outpacing comparable Layer-1 and Layer-2 networks in that window. This liquidity helps validate the accumulation thesis.
When will Solana likely test upside targets and what confirms a breakout?
Confirmation requires a sustained break above resistance ($190–$195) on above-average volume and retention of $176–$169 as demand. If volume and price align, technical projections point to progressive targets at $260, extending to $280 with broader market support.
Frequently Asked Questions
Is Solana in accumulation or distribution?
Current price action and volume profile indicate accumulation: defined demand blocks, higher lows, and significant capital inflows support a bullish accumulation thesis for SOL near $176–$169.
What are the immediate risks to the bullish scenario?
Key risks include failure to defend $176–$169, a volume-less breakout, or broad market sell pressure. Any decisive close below the demand block would invalidate the Wyckoff accumulation view.
How should traders manage positions around this pattern?
Traders can set defined risk: place stops below $169, scale into positions on confirmed retests of support, and use partial exits near $260–$280 targets while monitoring liquidity and order flow.
Key Takeaways
- Wyckoff accumulation confirmed: Solana shows demand blocks near $176–$169 supporting higher lows.
- Capital inflows matter: >$1B net bridged into Solana in 30 days enhances breakout probability.
- Confirmation rules: Break and hold above $190–$195 with volume, keep $176–$169 intact; targets $260–$280.
Conclusion
Solana accumulation patterns, backed by strong net inflows and clear technical structure, present a credible bullish case if $176–$169 holds. Market participants should watch volume and resistance at $190–$195 for breakout confirmation. COINOTAG will monitor developments and provide updates as price action evolves.
By COINOTAG | Published: 2025-08-22 | Updated: 2025-08-22
