#solprice

Solana at a Crossroads: idcxs Take on the $150 Line

Solana’s chart has settled into a tense balance just below 150 dollars. After bouncing from the 120 dollar area, price keeps running into resistance around 145 dollars, and the latest data explain why the move higher feels heavy.

The first shift is in capital flows. Spot Solana ETFs have moved from steady inflows to their first daily net outflow since launch, with over 8 million dollars leaving in a single session. That turn suggests that larger players are no longer adding exposure with the same conviction as before.

Onchain signals tell a similar story. Network fees and active addresses have slipped, while total value locked is down roughly 20% this month and about one-third from its September high. Several major Solana DeFi protocols show notable drops in deposits, reflecting a quieter environment across the ecosystem.

For traders following the market through idcxs, this backdrop makes the current range feel like a classic decision zone rather than the start of a clean breakout. The structure on lower-timeframe charts still looks like a bear flag, with support around 140 dollars acting as the dividing line between a fragile consolidation and a confirmed continuation lower toward the 100 dollar region.

At the same time, SOL has shown resilience, bouncing even after a recent security incident at a major exchange temporarily disturbed flows. That resilience keeps the bullish narrative alive, but it does not erase the need for stronger onchain demand and steadier ETF participation if a sustained move above 150 dollars is going to develop.

In short, Solana sits at a crossroads where price strength and weakening fundamentals collide, and the next decisive move is likely to be shaped by how the market reacts around the 140–150 dollar band.