Solana trades near $82 as Alameda Research unstakes $16M in SOL for creditor payouts. Here’s what analysts say about SOL’s next move.

Solana is holding just above the $80 mark as traders watch closely for its next big move. 

According to CoinGecko, SOL trades at $82.59 with a 24-hour volume of over $2.66 billion. The token gained 0.83% in the past day and 0.21% over the last week.

Its weekly range ran between $78.68 and $85.96, narrowing to between $81.41 and $82.78 in the past 24 hours.

Related reading: 

Solana Enters the Phase That Preceded Two Major Crashes

Solana Price Faces Key Resistance at $87

SOL has struggled to push past the $87 level in recent sessions. 

Market analyst Sjuul from AltCryptoGems flagged this resistance as a critical line to watch. He noted that as long as SOL fails to break above $87, downside pressure remains possible. Bulls need to step up, or bears will likely take control.

$SOL is still getting rejected there at the $87 level.

As long as we don’t break above this, it is not looking great and is still potentially going to expand lower.

Either bulls manage to push and break here, or bears will have the upper hand! pic.twitter.com/4TogDo29IB

— Sjuul | AltCryptoGems (@AltCryptoGems) April 13, 2026

The broader price action keeps traders on edge. 

SOL has bounced within a tight range without showing a clear directional move. A clean break above $87 could shift momentum. 

Until then, caution remains the theme across the Solana market.

Solana Treasury Companies Take Heavy Losses

Beyond price action, market observer Ted raised concerns about Solana treasury companies. He pointed out that these entities are already down 80% to 90%. 

Worse, he suggested they could drop another 30% to 50% before finding a bottom. Ted compared them to Solana memecoins in terms of risk and decline.

This commentary adds another layer of concern for SOL investors. 

Treasury companies tied to Solana have seen significant value erosion. Their struggles reflect the wider pressure on SOL-related assets. For now, sentiment around these entities remains deeply cautious.

Alameda Research Unstakes $16M in SOL for Creditor Payouts

Alameda Research made a notable on-chain move this week. 

Arkham Intelligence flagged the firm unstaking roughly 198,000 SOL, worth about $16 million. Alameda sent the tokens to an FTX-linked address used for creditor distributions. 

ALAMEDA JUST MOVED $16M OF SOL

Alameda Research just unstaked $16M of SOL and sent it to an address that distributes SOL to creditors.

The last time they did this was 1 month ago. Will they be distributing this as well? pic.twitter.com/8BoPwL1532

— Arkham (@arkham) April 13, 2026

This mirrors a similar transaction Alameda carried out about a month ago in March 2026.

Arkham noted that Alameda’s tracked portfolio still holds around 3.57 million SOL, valued at nearly $293 million. 

The full portfolio, including BTC, ETH, stablecoins, and FTT, exceeds $378 million. These movements form part of the ongoing court-supervised FTX bankruptcy process. 

Traders are watching, as creditor recipients could sell the distributed SOL, adding to market pressure.