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Solana trading volume jumps 43% as price tests key $84 support level amid mixed market signals

Technical Signals
05 May 2026
Tokenpost
View Source
Neutral
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Solana (SOL) saw a 43% surge in 24-hour trading volume to about $4.74 billion while its price hovered near the critical $84 support level, signaling potential volatility. Despite a slight 1.14% price dip, the increased volume—mostly on centralized exchanges—indicates traders are positioning for a possible larger move. SOL's market cap stands around $48.68 billion with mixed recent performance: modest gains over 30 days but declines over 60 and 90 days. Key levels to watch are $80 for support and $90 for resistance, with the market awaiting a clear breakout or deeper consolidation.

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