Market Analysis
Solana is currently navigating a high-stakes "tug-of-war" between its robust ecosystem fundamentals and broader market bearishness. While it has recently outperformed Ethereum in stablecoin transaction velocity, the price is currently suppressed by a year-to-date decline of approximately 37-39%.
-Current Price: $83.73 (as seen in your provided image).
Support Zones: Strong immediate support is established at $82.00, with a critical "macro floor" near $79.77.
-Resistance Levels: The bulls are facing a "triple-threat" resistance wall at $88.00, $90.00, and $92.00.
-Ecosystem Divergence: Despite the price drop, Solana’s Real World Asset (RWA) ecosystem recently hit an all-time high of $1.66B, signaling that institutional capital is still moving on-chain even while retail speculators are cautious.
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