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Solana nears $80 amid record transactions, sparking debate on its next market move.

Technical Signals
09 Jul 2026
Tokenpost
View Source
Neutral
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Solana (SOL) is trading near $77-$81, close to a key $80 resistance level, with record onchain transactions hitting 1 billion weekly. Despite mixed momentum and a slight drop in trading volume, rising network activity and modest inflows into SOL investment products suggest growing investor interest. Analysts say a daily close above $80 could trigger a rally toward $97 or $120, while failure to hold support around $76-$77 may lead to a downturn. The token's future depends on sustained DeFi activity, developer engagement, and broader market risk appetite.

More News (SOL)

Solana drops 3%, nears key support at $76.67 amid falling ETF inflows and trader interest.

Solana drops 3%, nears key support at $76.67 amid falling ETF inflows and trader interest.

Solana (SOL) fell 3% on Wednesday, approaching a critical support level at the 50-day EMA of $76.67 after failing to break resistance near $83.94. ETF inflows dropped sharply from $8.36M on Monday to $1.67M on Tuesday, signaling reduced institutional...

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10 hours ago
Alvarez & Marsal accepts first USDC payment on Solana blockchain, signaling growing institutional use.

Alvarez & Marsal accepts first USDC payment on Solana blockchain, signaling growing institutional use.

Alvarez & Marsal, a global restructuring advisory firm, has accepted its first client payment in USDC on the Solana blockchain, highlighting Solana's rising role in high-volume USDC transactions. Solana handles over 31% of global USDC transactions wi...

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19 hours ago
Viral prediction market 'World' shifts from Solana to Robinhood Chain for broader reach.

Viral prediction market 'World' shifts from Solana to Robinhood Chain for broader reach.

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Market News
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20 hours ago
Solana dips 5% to $76, seen as a buy-the-dip chance amid stable medium-term gains.

Solana dips 5% to $76, seen as a buy-the-dip chance amid stable medium-term gains.

Solana (SOL) dropped over 5% to around $76, briefly testing this support level amid a pullback that traders view as a potential buy-the-dip opportunity rather than a trend breakdown. Despite the decline, SOL remains up nearly 3% over the past week an...

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