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Solana price nears $77, testing resistance amid stablecoin boost and potential breakout targets at $84, $123, and $140.

Technical Signals
28 Jul 2026
Blockonomi
View Source
Bullish
Solana price nears $77, testing resistance amid stablecoin boost and potential breakout targets at $84, $123, and $140.

Solana (SOL) is trading around $76.80, showing a 2.66% gain as it challenges the top of a descending channel near $76. The recent issuance of 250 million USDC on the Solana blockchain by Circle has increased stablecoin liquidity, supporting ecosystem activity. Technical indicators suggest a possible breakout with upside targets at $84, $123, and $140, though near-term momentum remains cautious with resistance at the 50-day and 200-day EMAs. The weekly chart shows a strong demand zone, indicating accumulation opportunities as long as support holds, with the yearly open price near $143.44 as a longer-term target.

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