Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Solana stabilizes but needs a volume-driven breakout to confirm trend reversal.

Technical Signals
03 Jul 2026
Tokenpost
View Source
Neutral
pluang ai news

Solana (SOL) has stabilized after recent selling pressure, trading in a tight range between mid-$70s and low-$80s. Despite this, it remains below key moving averages, indicating the bearish trend is not fully reversed. Analysts emphasize that a clear breakout above resistance with stronger trading volume is necessary to confirm a trend reversal. Currently, Solana lacks major ecosystem news, so market watchers rely on price and on-chain data to gauge future direction, with short-term gains seen but intermediate trend still uncertain.

More News (SOL)

Securitize tokenizes $295M NYSE stock on Solana, boosting blockchain adoption and SOL price outlook.

Securitize tokenizes $295M NYSE stock on Solana, boosting blockchain adoption and SOL price outlook.

Securitize, backed by BlackRock, has tokenized $295 million of its NYSE-listed stock on the Solana blockchain during its IPO, marking a major step in merging traditional equity markets with blockchain technology. This move enhances Solana's credibili...

Market News
Bullish
4 hours ago
Solana usage peaks as SOL price climbs above $80, eyeing $90 potential in July

Solana usage peaks as SOL price climbs above $80, eyeing $90 potential in July

Solana's network usage hit a record high with 3.77 billion non-vote transactions in June 2026, driving the SOL token price above $80. This surge reflects growing adoption and on-chain activity, suggesting a favorable environment for further price gai...

Protocol Fundamentals
Bullish
7 hours ago
Solana usage hits record high as SOL token surpasses $80 amid growing DeFi adoption.

Solana usage hits record high as SOL token surpasses $80 amid growing DeFi adoption.

Solana's network usage reached all-time highs in mid-2026, processing nearly 3.8 billion transactions in June alone and maintaining about 7 million daily active addresses. Despite this surge in activity, the SOL token trades around $80, significantly...

Protocol Fundamentals
Bullish
7 hours ago
SOL price rebounds above $72 but onchain data signals weakening momentum.

SOL price rebounds above $72 but onchain data signals weakening momentum.

The cryptocurrency SOL has regained its price level above $72, indicating a short-term recovery. However, onchain data suggests that the momentum behind this price increase is weakening, which could imply limited upside potential in the near future. ...

Protocol Fundamentals
Bullish
10 hours ago
Ex-Blackrock exec defends Ethereum's decentralization edge over Solana amid validator count drop.

Ex-Blackrock exec defends Ethereum's decentralization edge over Solana amid validator count drop.

Joseph Chalom, former Blackrock exec and Sharplink co-CEO, defends Ethereum against claims of a "culture problem," highlighting its 900,000+ validators and over one million developers as key to its decentralization advantage over Solana, which has ab...

Market News
Bullish
12 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App