Solana approaches the $145 barrier as bullish momentum and liquidations build up

Solana’s price recently traded around $140 as it broke out of a multi-month descending channel, putting the $145 resistance level in focus. While weekly new wallets have fallen from 30.2 million in November to about 7.3 million, negative exchange netflows, rising funding rates and higher short liquidations suggest traders are positioning for further upside. This mix of cooling network growth and strong speculative interest now places buyers in control as they watch whether SOL can convincingly clear $145.