Solana’s Supply Squeeze Is Here — But Buyers Aren’t

[mendez]

Solana is holding the $120 support thanks to a rare onchain imbalance:
️ $2.12B USDC inflows into Binance
️ $1.11B SOL outflows
This is a textbook bullish structure — stablecoin liquidity piling up while sell-side supply drains.
But without stronger spot demand, this supply crunch can’t ignite a breakout yet.

[Nahid Hossen]

Liquidity helped markets bounce, yet ETH lagging stocks is a sign of hesitation.

[Abdul Khan]

If demand kicks in, this squeeze could fuel a sharp upward move for SOL.