According to CoinMeta, Solana ( SOL ) has broken through the price ceiling of $103, with the current trading price at $105.22, representing a 5.5% increase within the day. Analysts point out that SOL needs to break through the resistance levels of $123 and $132 in order to move further towards $150. Factors supporting this bullish outlook include active buying by whales and institutions, as well as a reduction in supply from exchanges. Additionally, the number of wallets holding at least 10,000 SOL has increased by 1.58% in the past week, while the quantity of SOL on exchanges has decreased by 4.91%, indicating a shift in the market towards self-custodied wallets or decentralized staking.