Solana faces major battle at $180 resistance: Can SOL rewrite history?

Solana capital inflows are returning as its realized cap outflows fade. SOL is testing the $180 supply zone, with a breakout potentially pushing it toward the $200 psychological level. Solana [SOL] 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. Source: Glassnode Positive Futures data reinforces bullish outlook 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 AMBCrypto 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. Source: CryptoQuant SOL tests $180 supply zone after month-long rally 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. Source: TradingView Rally to $200 hinges on demand strength 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. Source: https://ambcrypto.com/solana-faces-major-battle-at-180-resistance-can-sol-rewrite-history/