Solana Faces $180 Resistance, Capital Inflows Grow 4-5%

Solana, a prominent blockchain platform, is currently facing a significant challenge as it struggles to break through the $180 resistance level. The cryptocurrency has been on an upward trajectory, reaching its highest price point since February 2025. However, despite this positive momentum, Solana's price has encountered resistance at the $180 mark, leading to a consolidation phase just below this key level.

The hourly SOL/USD chart indicates a short-term descending channel or bullish flag pattern, with support at $172. This suggests that if Solana can break through the $180 resistance, it may experience a renewed upward trend. The network activity and DeFi activity on the Solana platform have been surging, which could potentially drive the price higher. However, analysts have noted that the network's performance, including its transactions per second (TPS), has been a subject of debate, with some suggesting that the reported TPS figures may be inflated.

Solana has started flashing bullish signals again after months of outflows. A closer look at on-chain data shows that capital is returning. According to Glassnode, SOL’s 30-day Realized Cap inflows flipped positive, now growing by 4–5%. This places SOL alongside XRP in terms of recovery strength. The return of capital inflows typically comes ahead of renewed demand and interest, which is needed for long-term price appreciation.

Supporting positive capital inflows was the 90-day Cumulative Volume Delta (CVD) for Futures markets. It indicated a Taker Buy Dominant phase for SOL, according to a closer analysis of CryptoQuant’s Futures data. This metric reflects growing buyer conviction. When buy volume leads over time, it usually signals strong upside expectations from traders. In SOL’s case, the CVD uptrend paired with recovering realized cap inflows gives SOL a solid base for potential continuation in its recent uptrend.

SOL tested a key supply zone around the $180 level on the daily chart at press time, following a month of steady gains. This zone has historically capped further price advances and serves as a strong resistance level. However, the recent shift in capital inflows and growing buyer dominance could invalidate this supply zone, potentially paving the way for a rally toward the $200 psychological level.

If bulls sustain the buying pressure, SOL can negate the $180 supply zone and explode for another surge towards the $200 psychological price level. But for now, all eyes are on the scale of capital inflows and whether buyers can carry on. If these bullish sentiments hold, SOL can see a breakout rally in the near term — setting the stage for its next major price action.

The $180 resistance level is not the only hurdle for Solana. According to some analysts, $185 may also serve as a key resistance level. A close above the $185 resistance zone could initiate another steady rise, with the next potential hurdle being $192. If Solana can overcome these resistance levels, it may continue its upward trajectory, potentially reaching new all-time highs.

The current situation for Solana is a critical juncture. The cryptocurrency's ability to break through the $180 resistance level will be a key indicator of its future performance. If Solana can successfully overcome this resistance, it may rewrite its history by achieving new price highs and solidifying its position as a leading blockchain platform. However, if it fails to break through, it may face further consolidation or even a potential correction. The coming days and weeks will be crucial in determining Solana's next move.