#SOL本周上涨20% SOLThis week SOL surged 20%

SOL is up 20% this week. During the session, it briefly spiked to around $110. The move was driven jointly by news that Charles Schwab is planning to launch spot trading, the implementation of the deflationary proposal, and net inflows into the SOL-ETF. However, Fed rate-hike expectations have been rising, and the broad market pullback pulled SOL down from its highs; meanwhile, altcoins showed significantly higher volatility than BTC.

Key levels

SOL: resistance 108‑112; intraday support 98‑101; pivot 90‑92
BTC: resistance 79200‑79500; support 76800‑77200; pivot 74800‑75200

✅ Support rationale

1. Schwab’s plan to launch spot SOL will target nearly 40 million U.S. retail accounts; institutional channel expectations may open up, creating additional medium-to-long-term upside imagination.
2. On-chain deflationary governance vote has been implemented: token burns, inflation reduction—shrinking token supply and strengthening the fundamental narrative.
3. Ongoing net inflows into spot SOL ETFs are improving institutional allocation appetite. Corporate treasuries continue to add SOL, providing clear bid support.
4. Rising activity in the AI Agent and RWA ecosystem is keeping Solana’s ecosystem heat strong, and capital continues rotating through the altcoin season.

⚠️ Downside risks

1. Schwab is still only a plan with no confirmed launch timeline. The positive news may have been priced in early, and there is risk of a spike followed by a pullback.
2. The probability of a September Fed rate hike is increasing. Macro pressure on risk assets could be a headwind; given SOL’s high-beta nature, any broad-market weakness could produce a larger correction.
3. The week’s gains have been large. RSI has entered overbought territory; a lot of profit-taking has accumulated in the near term, increasing pullback pressure.
4. The FTX consortium still has SOL unlock/vesting sell-pressure. Medium-to-long-term supply pressure has not fully disappeared.

Outlook

SOL is a leading altcoin performer, but an independent trend is difficult to sustain without BTC.
Hold 98‑101, and there may be another attempt to test the 108‑112 resistance zone. If 90‑92 (the pivot) is effectively broken to the downside, this round of strong momentum will be considered over, at least for the moment.
Key things to watch: Schwab launch progress, SOL‑ETF fund flows, and the effectiveness of BTC 76800 support.

Risk warning: The above is only market information and analysis and does not constitute investment advice. Crypto assets are extremely volatile—manage and control leverage positions carefully.