Solana (SOL) has experienced significant volatility recently, with a marked decline following its failure to breach the $150 mark. Over the last few days, Solana has struggled to break through certain resistance levels that have been affected by broader market trends. However, investor optimism appears to be driving recent price movements as SOL nears $120. Solana Gains Support One of the indicators showing promise for Solana’s recovery is its velocity, which measures the pace at which tokens are being circulated
source: https://beincrypto.com/solana-price-rises-supply-distribution-hits-monthly-high/