$SOL is trading at $82.70, down more than 77% from its 2025 peak. Despite strong fundamentals, including 10,864 all-time unique developers surpassing Ethereum the price faces heavy resistance around $250 and shows a bearish rising wedge pattern on the two-day chart.

Activity on the chain is weak. In fact, DEX trader counts have fallen to their lowest level in three years, which suggests that speculative participation is dropping. Analysts think that price could fall to $60 in the near term. However, they also believe that there is a zone for long-term accumulation between $75 and $45 which may offer an upside if the market conditions improve.

$SOL #solana

SOL
SOLUSDT
83.7
-2.87%