Solana tests $120 support as volume jumps 278%; $145 resistance caps gains

Solana retested the $120 support after sharp losses in the Asian session, then quickly rebounded as buyers defended the level. According to the article, trading volume surged 278% to $6.3 billion, equal to 9% of market cap, while SOL ETFs added $10 million last week, lifting assets to $1.1 billion. A break below $120 could increase downside risk toward $97.