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Solana surges 27%, hits $80 support, eyeing $96 after record 1 billion transactions on its blockchain.

Technical Signals
07 Jul 2026
FXEmpire
View Source
Bullish
pluang ai news

Solana (SOL) has gained 27% in the past month, making it the top-performing altcoin among the top 5 tokens. The price recently bounced off the $60 level and has now consolidated around $80, a key support zone, with increased trading volumes. The Solana blockchain hit a milestone of 1 billion transactions last week, signaling high activity despite low application fees. Technical indicators suggest a bullish momentum, with SOL potentially rising to $96 if it retests the 200-day moving average. Wall Street interest is returning, as seen in recent net inflows to Solana ETFs. This sets the stage for a possible strong upward move in SOL's price.

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