$SOL

> Up only from $75 to $140 last cycle
> Down only from $140 to $75 this cycle
Both times this range offered no resistance/support leaving a really large imbalance area
There is no resistance until $125 which even at this current price is a 64% gain
Flip $125 and imagine a range from there to $143 which will take time to chew but technically there's a clear and easy path to a ~100% gain with size for when the bull market resumes
The real test for demand comes when we flip $140, lots of variables go into play like network usage + trading volume + stock volume & rwa adoption + perp trading market share capture
(1) proposal to reduce inflation to come
(2) proposal for $SOL burns that scale with network usage to come
(3) rwa sector growing exponentially
(4) perp competition increasing, inevitably leading to better conditions for traders
(5) market continues to misprice spot volume domination
(6) robinhood chain proves that distribution is key, solana has it and it will be incredibly hard to displace it
(7) by far the chain with the most retention and variety of apps with users