Solana Momentum Pushes Toward the $145 Resistance

January 13, 2026 Marcus Tanaka 0 Comments

Solana Momentum is gaining attention as SOL approaches the crucial $145 resistance level once again. After breaking out of a prolonged downtrend, Solana’s price action shows renewed strength, supported by technical indicators and derivatives market behavior. While broader network activity presents mixed signals, short term momentum suggests that traders are positioning for a possible breakout.

Solana Momentum shown on a one month price chart highlighting recent consolidation and resistance near the $145 level

Viewed over the past month, Solana Momentum reflects a gradual rebuilding process rather than a sharp impulse move. The chart shows higher lows forming alongside repeated pauses near resistance, suggesting that price advances have been met with consolidation rather than immediate rejection. This type of structure often indicates balance between buyers and sellers, where progress is made slowly as positions are adjusted. Rather than signaling urgency, the recent price action points to patience on both sides of the market.

Solana Momentum Builds Near a Key Price Level

Solana Momentum has accelerated after SOL moved above a descending channel that previously limited price growth. This breakout marked a shift in market structure, turning sentiment more optimistic in the short term. At present, SOL trades just below $145, a level that has repeatedly acted as strong resistance.

This zone has become a focal point for both bulls and bears. Buyers see it as the final hurdle before higher targets open up, while sellers continue to defend it aggressively. The tightening price range suggests that a decisive move could be approaching.

Technical Indicators Support Solana Momentum

From a technical standpoint, Solana Momentum appears well supported. The Moving Average Convergence Divergence indicator has flipped bullish, with expanding histogram bars signaling strengthening upward pressure. This aligns with the broader breakout from the descending channel, reinforcing the idea that the market trend may be shifting.

However, confirmation remains essential. SOL must hold above the former channel resistance to maintain bullish structure. Failure to do so could result in another period of consolidation rather than a sustained rally.

On Chain Activity Shows Mixed Signals

While Solana Momentum looks strong on the price chart, on chain data paints a more cautious picture. The number of new weekly wallets on the Solana network has declined significantly compared to previous months. This suggests that network participation is not expanding alongside rising prices.

This divergence creates uncertainty. Strong price momentum without corresponding growth in user activity can limit long term sustainability. For now, traders appear focused on technical signals rather than fundamentals, but this imbalance could become important if momentum weakens.

Exchange Netflows Reduce Selling Pressure

Another factor supporting Solana Momentum is exchange netflow data. Recent sessions have shown net outflows of SOL from exchanges, indicating that fewer tokens are available for immediate selling. This behavior is often associated with holding rather than distribution.

Although the outflows are not extreme, they help reduce sell side pressure near current price levels. With fewer tokens moving onto exchanges, price can move higher with less resistance, provided demand remains steady.

Liquidations Favor the Bulls

The derivatives market offers further insight into Solana Momentum. Short liquidations have exceeded long liquidations during recent price increases. This indicates that bearish traders betting against SOL have been forced to close positions as price moved upward.

Short liquidations often add fuel to upward moves, as forced buying pushes prices higher. At the same time, long liquidations remain relatively controlled, suggesting that bullish traders are not yet overly leveraged.

Funding Rates Reflect Growing Confidence

Funding rates for SOL derivatives have turned positive, showing that traders are paying a premium to hold long positions. This reflects growing confidence in continued upside. Importantly, funding rates remain at moderate levels, which reduces the risk of an overcrowded long trade.

Extremely high funding rates can signal overheating and increase the likelihood of sharp pullbacks. Current conditions suggest optimism without excessive risk, supporting Solana Momentum in the short term.

Solana Momentum Faces the $145 Test

The $145 resistance remains the most critical level for Solana Momentum. A clear break and sustained hold above this price would likely validate the bullish thesis and open the door to higher targets, potentially in the $150 to $170 range.

If SOL fails to break through, the asset could enter another consolidation phase. Such a scenario would not necessarily invalidate the broader bullish setup but could delay further upside.

Balancing Momentum and Fundamentals

Solana Momentum currently reflects a market driven more by technical strength and trader positioning than by network growth. This is not unusual during momentum driven phases, but it does increase risk if sentiment shifts quickly.

For the rally to become more sustainable, stronger on chain participation may eventually be needed. Until then, price action will likely remain sensitive to resistance levels and broader market conditions.

Editor’s View: Solana Momentum Beyond the Charts

Solana Momentum at this stage appears driven less by excitement and more by positioning behavior. Traders who missed earlier moves are often more willing to buy near resistance than during quiet consolidation, especially when downside volatility remains contained. At the same time, long term holders seem reluctant to distribute aggressively, suggesting a wait and see mindset rather than outright conviction. This combination creates a market that moves upward cautiously, not because of belief in a breakout, but because few participants are willing to challenge price strength yet.

Final Outlook on Solana Momentum

In conclusion, Solana Momentum is clearly building as SOL presses against a major resistance zone. Technical indicators, exchange behavior, and derivatives data all point toward bullish pressure in the short term. However, declining network activity introduces an element of caution.

Whether SOL breaks above $145 or retreats into consolidation will define the next phase of price action. For now, momentum favors the bulls, but confirmation remains essential before declaring a sustained breakout.

Disclaimer: This content is for informational purposes only and does not constitute financial advice.

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