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600,000 SOL tokens moved to exchanges, sparking caution and key price levels at $50 and $80 watched closely.

Technical Signals
21 Jun 2026
Blockonomi
View Source
Neutral
pluang ai news

A large transfer of 600,000 Solana (SOL) tokens to centralized exchanges has raised concerns about potential selling pressure. Market analyst Ali Charts views the $50 price level as a critical support zone if a sell-off occurs, while trader Ardi suggests waiting for SOL to drop into the $45–$60 range before buying for long-term positions. SOL has recently rebounded toward $68 but faces resistance near $80, which could be the next major hurdle. Meanwhile, Solana's ecosystem development remains strong, supporting growth in payments, prediction markets, and tokenized assets, keeping investor interest high.

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