Chart Structure, Fresh USDC, and $150 Zone Keep Solana in Bullish Focus

Solana's rising channel structure holds firm, with every pullback finding buyers near $148–$150 support.

Circle minted $2.75B in USDC on Solana without redemptions, confirming aggressive and continuous liquidity deployment.

Clean structure and deep capital inflows combine to keep Solana technically intact and fundamentally well-backed.

Solana continues to trade within a rising parallel channel while $2 billion in fresh USDC inflows reshape its DeFi dynamics. The price structure holds steady, with every retest maintaining higher lows and reinforcing bullish momentum within the current setup.

Channel Structure Maintains Momentum Despite Pullbacks

Solana remains locked in a steady uptrend, forming higher lows within a rising parallel channel on the 4-hour timeframe. Price recently rejected near $158 and pulled back, but continues to hold above structural support lines. Every dip finds reaction near key zones, including $126, $138, $147, and now $150.

Source: (X)

From this pattern, traders should watch the $148–$150 region closely. That level has repeatedly acted as an interior bounce zone during earlier corrections. The latest candle positioning shows no breach of the trendline, yet the structure remains intact.

By reviewing this setup, the analyst explains that lower trendline interaction shows strength, not weakness. This isn't random movement—it's a methodical structure. Solana's price action continues to reward precision and trend discipline.

Circle’s Mints Fuel Fresh Liquidity on Solana

According to Crypto Patel, Circle has minted $250 million in USDC on Solana eleven times over two months, totaling $2.75 billion in inflows. This includes three large-scale injections within the last four days, confirming an aggressive capital wave targeting Solana’s DeFi network.

Every mint used the same amount, with no burns or redemptions-just active, deliberate supply expansion. The most recent mint hit minutes before data capture, pushing liquidity even higher.

From this visible cadence, the analyst connects each issuance to Solana’s expanding DeFi activity. With more USDC circulating and no reversals yet, traders should evaluate what’s sustaining these inflows and how long the structure can absorb them.

This scale of issuance raises direct questions for market participants. Will Solana’s $148–$150 support zone remain dominant as stablecoin velocity climbs? Is the network's growing TVL a reflection of conviction or a setup for aggressive positioning?

As it stands, Solana continues to respect technical formations while simultaneously pulling deep liquidity from top-tier minting flows. That rare alignment between clean chart structure and active capital movement keeps Solana in focus. Until structure breaks or inflows pause, directional intent favors the bulls.

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