$84 Solana $SOL , are you still waiting for a pullback?


I know how you feel right now. Opening your account, SOL has dropped from $94 to $84, 87 days in a row without surpassing $100, a seven-month losing streak, setting a historical record.
Every day in the group someone is shouting "Solana is doomed," your chips in hand feel like a hot potato—sell them, afraid of a rebound; hold them, afraid of further decline.
First: Visa and Meta are both reaching out to Solana.
No joke. Meta just launched USDC payments on Solana in Colombia and the Philippines, allowing creators to receive payments directly on the SOL chain.
Visa is also expanding Solana payment channels.
Germany’s AllUnity has brought compliant euro stablecoins onto Solana.
Second: The total value of Solana’s RWA (Real World Assets) has surpassed $2.5 billion, with over 200k holders.
What does this mean? Simply put, real-world assets—bonds, stocks, real estate—are moving onto Solana on a large scale.
This number has already exceeded Ethereum’s.
Third: The 6-period RSI jumped directly from 33.63 to 81.36.
What does this mean? 33 indicates extreme oversold despair, 81 signals a sudden surge in buying volume.
Technical indicators tell you: someone is quietly accumulating at this level, and doing so aggressively.*
One side is:
- Market cap of $48.5 billion, ranked seventh
- On-chain TVL hitting a new high (200k SOL)
- DEX monthly trading volume ranked first globally
- Two major tools set to land in 2026—Alpenglow consensus protocol + Firedancer validators, targeting 80M TPS
The other side is:
- Seven consecutive months of declining, 87 days without surpassing $100
- Drift hacker incident led to Carrot Protocol shutting down
- Macro high interest rates suppressing, ETF funds slowing down
Isn’t this a classic case of “fundamentals and price severely decoupled”?
Key level: $84.50, the last line of defense for bulls and bears.
- Resistance above: 87 → 91-92 → 98-100
- Support below: **83.45 → 82.50 → 78 (strongest defense, 0.618 Fib)**
If you are a short-term trader:
Build positions in batches around $82-83, target $87-92, stop-loss at $81.50.
If broken, exit without holding.
Break above $87 to add more, target $100-110.
If you are a long-term investor:
Any pullback below current price is an opportunity to add.
End of 2026 reasonable target: $150-250, betting on Alpenglow mainnet launch + ETF approval.
Solana now is like ETH in 2020—those who don’t understand think it’s doomed, those who do are quietly adding chips at $83. #Gate广场五月交易分享
SOL0.65%
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