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Solana price holds above $80 amid slow new address growth, key $64 and $120 levels watched for 2026.

Technical Signals
07 May 2026
AMBCrypto
View Source
Neutral
pluang ai news

Since early May, Solana (SOL) has risen 7.2% with its price staying above $80, but it remains in a bearish trend with limited breakout potential above $100. New address growth has been slow since March, indicating muted retail demand during the current bear market. Market value to realized value (MVRV) bands highlight critical support at $64 and resistance near $120, levels investors should monitor as they could influence price movements later in 2026. Overall, while SOL shows some resilience, significant upward momentum is uncertain without stronger new participant interest.

More News (SOL)

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