- Solana reclaims $180 after strong 11% bounce from $162 support.
- Social volume hits 6-month high as positive funding rates suggest sustained bullish momentum.
Solana [SOL] has shown remarkable resilience after successfully defending the critical support zone at $162. The latest charts indicate an 11% surge since the altcoin retested the key support level at $66.5. SOL was trading at $180.45 at press time.
Solana’s recent bounce occurred at a key demand zone, suggesting strong buyer presence at lower levels.
Source: Tradingview
Solana social interest reaches fever pitch
According to santiment data, Solana’s social volume has reached levels not seen in the past six months. The altcoin social volume data indicates a dramatic spike in discussions and mentions across social platforms, particularly since early October.
This surge in social interest often precedes significant price movements, as witnessed during SOL’s previous rallies.
Source: Santiment
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Author: Kelvin Murithi
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