Solana staged a noticeable rebound over the past 24 hours, shifting sentiment from short-lived weakness to cautious optimism. After a brief sell-off, buyers decisively defended the $75 area — a key “line in the sand” — stopping a deeper breakdown and signaling that sellers were losing control near support. That defensive effort helped SOL recover momentum: at the time of writing the token was trading around $88, up roughly 7% in a day. On-chain and DEX activity help explain why Solana’s recovery looks more durable than a simple short-covering rally. Over the past week Solana led all chains by decentralized exchange volume, posting $15.72 billion in DEX activity. By comparison, Ethereum recorded $11.64 billion and BNB Chain $6.21 billion. Other weekly DEX volumes: X Base $5.17B, Arbitrum $1.87B, Polygon $1.48B, Avalanche $999.78M, while Sui and Monad remained below $700M. (Source: X) Total value locked (TVL) flows also pointed to concentrated capital rotation into select Solana protocols. Seven-day TVL growth highlights included: - SuperstateInc: +97.23% - KnightradeTeam: +96.42% - dflow: +18.75% - etherfuse: +14.56% - Other protocols (including HastraFi and solsticefi): +3.55% to +14.13% Those near-100% inflows suggest aggressive capital deployment into a few top pools rather than broad-based ecosystem inflows, underscoring that liquidity is being highly concentrated even as overall growth accelerates. Technically, the rebound has meaningful cues in its favor. SOL reclaimed the $80s and pushed back above the EMA ribbon, while RSI recovered from oversold territory — signs that short-term momentum has shifted toward buyers. That said, sustainability remains the key question: Solana still needs a convincing break above the $90 resistance to confirm a more durable uptrend. Bottom line: on-chain activity and concentrated TVL inflows are supporting a technical recovery, but traders should watch whether support around $75 holds and whether SOL can clear $90 with conviction. Consistency in follow-through, not just headline moves, will determine whether this bounce evolves into a broader trend. Disclaimer: AMBCrypto’s content is informational and not investment advice. Trading cryptocurrencies carries high risk; do your own research before making financial decisions. © 2026 AMBCrypto (Sources: TradingView, X) Read more AI-generated news on: undefined/news