Overview
- SOL trades around $88–$90 after retreating from $95, with the $87 trendline identified as the immediate pivot for near‑term direction.
- Analysts warn that a loss of $87 could target roughly $77, while a strong defense could revive attempts toward $100.
- Network throughput stayed elevated at more than 880 million transactions last week, yet weekly fee revenue was about $4.6 million, underscoring a usage‑revenue disconnect.
- Solana’s real‑world asset activity reached a new high with roughly $1.82 billion tokenized and about $465 million locked in RWA‑focused DeFi protocols.
- Risk appetite cooled as the Fear & Greed Index fell to 30 following Powell’s comments on the Iran conflict, and daily trading volume declined to about $3.3 billion from $6.5 billion on March 16; some analysts now eye $91 as a neckline and $95 as a breakout trigger toward $115–$125.