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Solana nears $77 resistance amid record network activity, signaling a key breakout or pullback point.

Technical Signals
11 Aug 2026
Coinpaper
View Source
Bullish
pluang ai news

Solana's price is testing a crucial resistance level around $77, where it previously faced rejection. If it fails to break through, a pullback to the $59 support zone could follow. Meanwhile, Solana's network transaction activity has surged to a record high of about 1.1 billion weekly transactions, strengthening its fundamental outlook. This rising activity, combined with potential token-burning policy changes, could improve SOL's supply dynamics, making the upcoming price movement critical for investors to watch.

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