- Today, October 14 2025, SOL is trading between $180 and $212 in a corrective range
- Solana is running a Chinese name contest and expanding in Japan, adding growth signals in Asia.
- A close above $212 opens $244, while $180 remains the line that keeps pullbacks controlled.
Solana (SOL) is down about 15% this week and roughly 2% today, even as trading volume is up about 13%. Today, October 14 2025, SOL is holding the $180 support area inside a long-running ascending channel and is testing the $212 pivot that has acted as near-term resistance.
If buyers push and hold above $212, the chart shifts focus to $244 at the range top. If $180 fails, the tape can revisit $165, where longer-horizon bids have tended to show in prior pullbacks.
Solana searches for a Chinese name to grow in Asia
In an attempt to strengthen its presence in the East, Solana’s founder Anatoly Yakovenko (Toly) and the project’s official X account have announced a community-driven contest to give Solana an official Chinese name.
The initiative, originally proposed by Mable, founder of Trends.fun, seeks to enhance brand recognition among Chinese-speaking users.
Ethereum’s Chinese name, Yi Ta Fang, played a key role in its widespread adoption in Asia, and Solana wanats to follow a similar path.
The contest invites community submissions and aims to establish a cultural connection that could accelerate Solana’s growth in the region. Additionally, Solana also recently surpassed all other Layer 1 and Layer 2 networks in 24-hour decentralized exchange (DEX) trading volume.
Japan partnerships signal an institutional on-ramp for SOL
DeFi Development Corp. partnered with Superteam Japan last week to launch DFDV Japan (DFDV JP), the country’s first Solana-focused digital asset treasury.
The initiative aims to give institutional investors exposure to Solana through structured treasury products under the DFDV Treasury Accelerator program.
This marks DFDV’s second major Solana treasury project in Asia, following the launch of DFDV Korea. The collaboration will be led by Superteam Japan’s Hisashi Oki and Shigeru Sato, who plan to integrate Solana into Japan’s growing digital asset ecosystem.
SOL Price Analysis
Solana’s price has been trading within a broad ascending channel since mid-2023, as seen in the daily chart. The recent correction has brought SOL down to the lower boundary of this channel near the $180 support level, which has historically served as a strong rebound zone.
At press time, SOL is trading around $196, with Bollinger Bands showing expanded volatility. The mid-band at $212 is acting as a near-term resistance level, while the upper and lower bands at $244 and $180 define the current trading range.
Related: Solana Price Prediction: SOL Price Rebounds as Open Interest Surges Past $10 Billion
Meanwhile, MACD remains in negative territory but is flattening, hinting at a potential reversal, while the Chaikin Money Flow (CMF) stays positive, suggesting ongoing capital inflow. The Balance of Power (BoP) indicates neutral-to-bullish control after the latest dip.
If SOL breaks above the $212 resistance, a retest of the $244 upper band could follow, aligning with the upper trendline of the channel. However, failure to hold above $180 could expose the token to a deeper pullback toward $165, where long-term buyers may re-enter.
Related: Altcoins Mispriced, Bitcoin Rally Ahead: Analysts Weigh the Post-Crash Rebound
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Source: https://coinedition.com/solana-searches-for-a-chinese-name-as-sol-holds-180-to-test-212/