Solana Climbs to $127.5 as Volume Surges: Holding $119 Support, Eyes $145 Resistance

Solana price reached $127.5 on December 29, 2025, marking its fourth consecutive daily gain. The move accompanied a dramatic 161% surge in trading volume to $4.15 billion, according to Company CoinMarketCap. The token rebounded sharply from the critical $119 support area, which enabled the steady recovery and opened the path toward a near-term upside target around $145. This combination of price momentum and heavy volume suggests renewed market interest and possible continuation, while also emphasizing the need for traders to manage risk.

The market reaction around the $119 level demonstrates a clear short-term demand zone. After testing and holding that support, buyers stepped in with increased conviction, pushing Solana higher over multiple sessions. A meaningful volume spike to over $4 billion is not merely a transient data point; it often reflects both retail and institutional participation. When volume expands by more than 150% in a brief period, it validates the price move and reduces the likelihood that the rally is purely speculative.

Immediate technical considerations: $119 functions as a key support. If Solana remains above this level, the path to the first resistance near $145 becomes increasingly plausible. Traders should watch for consolidation patterns or a retest of $119 with diminishing volume — such behavior could indicate healthy accumulation. Conversely, a breakdown beneath $119 with rising selling volume would invalidate the bullish scenario and could prompt a deeper correction.

On-chain indicators and order-book dynamics will be important to monitor alongside price action. Heavy volume combined with rising on-chain transfers or an uptick in active addresses would strengthen the bullish thesis. Conversely, concentrated large sell orders at or below current levels could cap upside momentum, making volume profile and liquidity zones essential aspects of short-term analysis.

Risk management remains paramount. Given the volatility inherent to cryptocurrencies, setting clear stop-loss levels and position-sizing rules is advisable. For traders targeting $145, a common approach is to trail stops below recent swing lows or beneath the $119 support to preserve gains while allowing the trade room to breathe.

In summary, Solana’s rebound from $119 with a 161% volume surge to $4.15 billion signals meaningful market interest and a constructive short-term outlook. The next significant resistance sits near $145; sustained momentum and supportive on-chain metrics could propel SOL toward that level. However, traders should monitor volume behavior on any retest of $119 and be prepared for increased volatility. For market data reference, see Company CoinMarketCap.