Solana Holds Around $75 as Resistance at $78–$80 Tests Next Move
On‑chain tokenized assets growth and steady spot‑ETF inflows give conditional support while short‑term technical weakness keeps downside risk alive.
Overview
- Solana is consolidating near the $73–$75 support band with current trading around $75 and repeated rejections in the $78–$80 area.
- Analysts warn that a clean reclaim of $78–$80 would validate a bullish breakout path toward $100 and technical targets near $113 while a failure below $73 could open a fall toward $60–$61.
- US‑listed spot SOL ETFs recorded roughly $10.26 million of inflows last week, marking a seventh straight week of net positive flows that show steady institutional interest.
- On‑chain issuance has strengthened Solana’s fundamental case: the network added about $378.2 million of tokenized U.S. T‑bills over 30 days and now hosts roughly 64% of tokenized equities deployed in DeFi.
- Near‑term momentum is fragile because volume has fallen and short‑term indicators are mixed, so traders will watch a volume‑backed move above $78 or a break under $73 as the decisive signal for the next trend.