Solana ($SOL ) is showing clear signs of a structural recovery, backed by strong on-chain growth rather than pure speculation.
🔹 Active addresses jumped 56% to 27.1M
🔹 Weekly transactions exceeded 515M
→ This level of activity suggests real user demand is returning to the Solana ecosystem.
📊 Price Structure Update
$SOL successfully broke its long-term downtrend
Key demand zone $119.8–$135.5 held firmly
Previous resistance $135.5–$147.1 has now flipped into support
Price is forming higher lows around $142
⚡ Momentum & Derivatives Align
MACD flipped bullish from negative territory
Binance top traders are 76% net long
Long/Short ratio at 3.17 → bullish but not overheated
Liquidation heatmaps show heavy short liquidity above $153
SOLUSDTPerp128.95-1.70%
🧠 What This Means
As long as SOL holds above $135.5, upside liquidity remains the dominant force.
A push toward $147 looks increasingly realistic and above that, short squeezes could accelerate momentum.
⚠️ If $135.5 breaks, expect consolidation or a pullback toward $119.8.
📌 Bottom line:
This rebound is being driven by usage, structure, and liquidity, not hype.
👉 Are you positioning for continuation or waiting for confirmation?