Solana
Solana Spot Volume Shows Above-Baseline Activity as Price Drops Toward $100
Solana's spot volume bubble chart has registered its first heating signals in six months as the token retreats from $120 to around $103.
Solana's daily spot volume has shifted to an above-baseline 'heating' state for the first time in approximately six months, coinciding with a price decline. According to volume bubble map data, roughly half a dozen red indicators appeared as SOL fell from about $112 to $103, down from an early October peak near $120.
This activity marks a shift from the pattern observed between December and early June, when cooling volume accompanied SOL's slide from $150 to the low $80s. A June low near $62 printed neutral readings without indicating a volume climax. The recent appearance of heating bubbles during a price drop suggests expanding participation and active selling rather than low-volume drift.
An analysis from Web3 analyst Iko highlighted the $100 price area as the critical level to monitor, noting that sustained above-baseline volume below this threshold would confirm continued downward pressure.
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