COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
-
Solana (SOL) sees a significant trading volume surge to $8.33 billion, driven by political developments in the U.S. and an impressive price uptick of 11%.
-
An increase in Open Interest (OI) and the emergence of a bullish flag pattern suggest promising price trajectories, targeting potential highs of $193.90 and $260.
-
However, a drop below the critical threshold of $161.81 may indicate a bearish retracement, with possible declines to $141.98 if momentum falters.
Solana’s trading volume hits $8.33B amid election news, with bullish indicators suggesting potential price targets of $193.90 and $260; caution warranted below $161.81.
Elevated Interest in Solana As U.S. Elections Loom
Recent data from Santiment indicates that Solana’s on-chain trading volume surged from under $3 billion to an astounding $8.33 billion—an increase of over 150%—in the wake of reports heralding Donald Trump’s potential election victory on November 5. This marked volume uptick accompanies an 11% rise in SOL’s price, reflecting heightened investor interest attributable to the prevailing political climate.
Interestingly, COINOTAG analysts forecast that the outcome of the U.S. elections could bolster SOL’s price even further. As of the latest update, Solana has reached a trading price of $183.84, a trend substantiated by the simultaneous rise in both trading volume and price, which generally indicates robust market confidence.
Conversely, if trading volume wanes despite rising prices, it may signal a weakening trend, possibly leading to a reversal. Therefore, maintaining high volume alongside price gains is crucial for SOL’s bullish outlook moving forward.
COINOTAG recommends • Professional traders group |
💎 Join a professional trading community |
Work with senior traders, research‑backed setups, and risk‑first frameworks. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
📊 Transparent performance, real process |
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
👉 Get access → |
COINOTAG recommends • Professional traders group |
🧭 Research → Plan → Execute |
Daily levels, watchlists, and post‑trade reviews to build consistency. |
👉 Join now → |
COINOTAG recommends • Professional traders group |
🛡️ Risk comes first |
Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
👉 Start today → |
COINOTAG recommends • Professional traders group |
🧠 Learn the “why” behind each trade |
Live breakdowns, playbooks, and framework‑first education. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
🚀 Insider • APEX • INNER CIRCLE |
Choose the depth you need—tools, coaching, and member rooms. |
👉 Explore tiers → |
Read more: How to Buy Solana (SOL) and Everything You Need to Know

COINOTAG recommends • Exchange signup |
📈 Clear interface, precise orders |
Sharp entries & exits with actionable alerts. |
👉 Create free account → |
COINOTAG recommends • Exchange signup |
🧠 Smarter tools. Better decisions. |
Depth analytics and risk features in one view. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🎯 Take control of entries & exits |
Set alerts, define stops, execute consistently. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🛠️ From idea to execution |
Turn setups into plans with practical order types. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
📋 Trade your plan |
Watchlists and routing that support focus. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
📊 Precision without the noise |
Data‑first workflows for active traders. |
👉 Sign up → |
Furthermore, Solana’s Open Interest stands robustly at $2.51 billion, representing its highest point since October 30. Elevated Open Interest is often perceived as an indicator of strong market trends, implying that the recent price activities of SOL could sustain momentum. Conversely, a decline in Open Interest generally suggests decreased market engagement, underscoring the importance of monitoring this metric closely.

COINOTAG recommends • Traders club |
⚡ Futures with discipline |
Defined R:R, pre‑set invalidation, execution checklists. |
👉 Join the club → |
COINOTAG recommends • Traders club |
🎯 Spot strategies that compound |
Momentum & accumulation frameworks managed with clear risk. |
👉 Get access → |
COINOTAG recommends • Traders club |
🏛️ APEX tier for serious traders |
Deep dives, analyst Q&A, and accountability sprints. |
👉 Explore APEX → |
COINOTAG recommends • Traders club |
📈 Real‑time market structure |
Key levels, liquidity zones, and actionable context. |
👉 Join now → |
COINOTAG recommends • Traders club |
🔔 Smart alerts, not noise |
Context‑rich notifications tied to plans and risk—never hype. |
👉 Get access → |
COINOTAG recommends • Traders club |
🤝 Peer review & coaching |
Hands‑on feedback that sharpens execution and risk control. |
👉 Join the club → |
SOL’s Price Dynamics: Closer to Reclaiming $260
Analyzing Solana’s daily chart reveals the formation of a bullish flag pattern, characterized as a continuation formation that typically signals further upward price movement following a significant prior increase. The bullish flag consists of a steep price ascent, known as the “flagpole,” succeeded by a period of consolidation, creating the “flag” formation.
Recently, SOL’s price breakout above the flag’s upper boundary led to substantial gains. Should this upward momentum persist, SOL could potentially breach the resistance level at $193.90. Such a move could significantly approximate the cryptocurrency’s previous all-time high of $260.
However, traders should remain vigilant; a decline below the critical support level of $161.81 coupled with decreasing volume could invalidate the bullish perspective, with potential declines towards $141.98 looming on the horizon.

COINOTAG recommends • Exchange signup |
📈 Clear control for futures |
Sizing, stops, and scenario planning tools. |
👉 Open futures account → |
COINOTAG recommends • Exchange signup |
🧩 Structure your futures trades |
Define entries & exits with advanced orders. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🛡️ Control volatility |
Automate alerts and manage positions with discipline. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
⚙️ Execution you can rely on |
Fast routing and meaningful depth insights. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📒 Plan. Execute. Review. |
Frameworks for consistent decision‑making. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
🧩 Choose clarity over complexity |
Actionable, pro‑grade tools—no fluff. |
👉 Open account → |
Conclusion
The recent developments surrounding Solana’s trading activity, buoyed by significant political events, suggest a robust price performance. If the upward momentum continues, SOL may well approach historical price levels. However, traders must monitor the volume closely, as decreased trading activity could risk reversing the bullish sentiment. As always, thorough market analysis remains paramount for navigating the potential volatility in the cryptocurrency space.
COINOTAG recommends • Members‑only research |
📌 Curated setups, clearly explained |
Entry, invalidation, targets, and R:R defined before execution. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧠 Data‑led decision making |
Technical + flow + context synthesized into actionable plans. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
🧱 Consistency over hype |
Repeatable rules, realistic expectations, and a calmer mindset. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🕒 Patience is an edge |
Wait for confirmation and manage risk with checklists. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
💼 Professional mentorship |
Guidance from seasoned traders and structured feedback loops. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧮 Track • Review • Improve |
Documented PnL tracking and post‑mortems to accelerate learning. |
👉 Join now → |