While Bitcoin consolidates, all eyes are on Solana ($SOL ).
After the weekend volatility, SOL is currently trading in the $85 - $90 range. The "high-beta" nature of Solana means it dropped harder during the flash crash, but it’s also showing the most aggressive signs of accumulation from institutional players.
The SOL Pulse:
Technical Floor: We are currently testing a major support zone. Analysts are watching the $80 level closely; holding this is critical to avoid a deeper retest of the $70–$75 range.
Ecosystem Strength: Despite price pressure, on-chain data is booming. Solana dApps saw record revenue of $146M in January, and new institutional gold products (XAUm) just deployed on the network.
The $100 Hurdle: The psychological $100 mark has flipped from support to heavy resistance. A clean break above this with volume would signal that the "purge" is officially over.
My Take:
Solana is currently a "patience play." The network reliability has been 100% over the last 90 days, proving the tech is maturing. I’m not looking for "moon shots" today; I’m looking for stability. If SOL can build a base here, the recovery could be swift.
Community Poll: Is SOL a "Buy the Dip" at $85, or are you waiting for the $100 reclaim to go long? Let’s talk strategy below. 👇