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Solana holds near $73 amid weak on-chain activity and cautious market sentiment.

Protocol Fundamentals
01 Aug 2026
Tokenpost
View Source
Neutral
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Solana (SOL) is trading near $73, facing resistance around $74.9-$75.8 as on-chain activity and trading volumes decline, signaling uncertainty. Despite challenges, institutional participation grows with MoneyGram joining as a validator and governance improvements via the Solana Governance Proposal system. Security concerns rise due to AI-driven scams, while weak decentralized exchange activity dampens organic demand. The token's next move depends on reclaiming resistance levels and stabilizing on-chain usage amid a cautious crypto market.

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