Bit_Rase

$80 for $SOL —are you brave enough to chase it?
First, look at the surface: the bad news is still there, but the price has already flown.
From the $64 area near the June low, there was a violent rebound—within 24 hours it surged nearly 10% and broke through the $80 psychological level. Up more than 15% over the past week, it’s outperforming BTC and ETH. The $75–$80 range has been a key turning zone in 2022, 2024, and 2026. Everyone keeps saying SOL will return to $100—but flip through the records: the same group that screamed “garbage chain, scam coin” at it back when it was $64.
First thing: on-chain data is exploding, but the price is only $80
Over the past 30 days, Solana processed 3.77 billion non-voting transactions, setting a monthly all-time high. The 7-day average transaction volume per second is nearing 1,100. The number of active addresses is retesting the annual high near 7 million. The RWA ecosystem broke $3.4 billion, growing 230% over the past year. Tokenized stock trading volume exceeded $3.3 billion, accounting for 95.6% of the whole market.
But the coin price is only $80. Does that make sense?
Second thing: governance upgrade + institutional buying— the script is changing
On July 2, Solana officially launched its on-chain governance system SGP. Validators must stake 100,000 SOL to submit proposals. Proposals require 15% of active staked support to pass and be voted on. For SOL holders, this is the first time they have direct voting power. The “centralized” label that used to get thrown at it—now you can finally take the hat off.
Forward Industries added more than 500,000 SOL at an average price of $79 in the third fiscal quarter. Total holdings now reach 7.55 million SOL.
Third thing: a slightly awkward technical signal has appeared
Daily chart: bounced sharply from strong support near $64, broke above $75, and pushed through $80 to form a “higher low” structure. 4-hour RSI is 64.58—bullish, but not overbought yet. The MACD line is above the signal line, and momentum is building.
However, the short-term rebound is strong, but the medium- to long-term trend hasn’t fully reversed. $80 is a psychological level and the bulls’ pass/fail line—if it can’t hold, everything else is off the table.
Key levels
Resistance: 82 → 85–86 → 94 (200-day moving average) → 100–120
Support: 75 (recent breakout level) → 70–72 → 68 (June low)
Short-term:
Wait for a pullback to $75–$77 to enter, with a stop-loss below $70. First target: 82–85. Second target: 94.
Medium-term:
Wait for the daily close to hold above $82 before considering adding. With the Alpenglow upgrade rolling out and on-chain data continuing to validate, the target moves to $100–120. Stop-loss: 68.
Long-term:
DCA in the 65–75 range. SOL’s fundamentals are ten times healthier than its price— the issue is that macro liquidity hasn’t opened up yet. Don’t go all-in in one shot