Solana (SOL) continues to trade within a tight range, facing repeated rejection at the $144 resistance level. The asset remains locked between roughly $120 and $145, a range that has defined its price action since early November. Despite a 13% rebound earlier in January, follow-through momentum has been limited, with analysts divided on the next move. Some see a potential inverse head-and-shoulders pattern forming, while others argue a decisive break above $145 is needed to turn the structure bullish, targeting levels like $152 and $171.
Concurrently, attention is shifting toward the economic design of a new project, Zero Knowledge Proof (ZKP). The network has allocated 141 billion ZKP tokens, representing 55% of its total supply, to mining and proof rewards. This reward system is tied directly to the generation of zero-knowledge proofs via specialized hardware called Proof Pods, which perform verifiable computations for AI and data workloads. The model aims to shift value creation toward measurable, active contribution rather than passive ownership or market speculation.
In related news, a paper from the Bank of Italy has raised questions about Ethereum's long-term settlement security, highlighting a stress scenario where a severe drawdown in ETH's economic incentives could impact validator participation. With over $800 billion in on-chain value secured, including roughly $140 billion in major dollar stablecoins, the discussion underscores how economic design factors into infrastructure resilience. Validator exit limits and significant value locked in DeFi contracts could complicate rapid recovery during extreme conditions.
Separately, ZKP has also allocated 8 billion tokens (3% of supply) for liquidity provisioning across major exchanges. This allocation is designed to be released progressively over 12–18 months to prioritize market stability, orderly onboarding, and reduced early volatility as its privacy-focused compute stack matures.
