Solana Attempts a Rebound as Consolidation Nears End—Can SOL Price Break the $145 Barrier?

TL;DR:

The post Solana Attempts a Rebound as Consolidation Nears End—Can SOL Price Break the $145 Barrier? appeared first on Coinpedia Fintech News Solana is one of the most closely watched cryptos since its breakout in 2021, attracting sustained interest from retail traders, whales, and institutions.

Key Points:

Background:

Crypto whales are individuals or entities that hold large amounts of cryptocurrency. Their trading activities and wallet movements are closely monitored by the community because they can significantly influence market prices and trading patterns.

Why It Matters:

Whale movements often precede major market moves and can indicate institutional positioning or upcoming developments. Tracking whale activity helps traders and analysts understand market sentiment and potential price action, making it a crucial aspect of on-chain analysis.