SOL is currently fluctuating between $77 and $80. The $75 support we mentioned last time held, and it has climbed back up over the past two days.

A few things worth noting:

On-chain fund inflows have risen to nearly a six-week high over the past two days, and the incoming capital is not from short-term speculators, but long-term holders adding positions. At the same time, leveraged positions in the futures market are decreasing. This combination suggests that the current rally is driven by genuine buying, not leverage—relatively healthy.

Additionally, on-chain governance has just officially launched. Token holders can directly vote on the network's direction, which is a significant step toward maturity for the SOL ecosystem.

ETF inflows are also continuing, with the combined size of SOL funds from several major institutions now exceeding $1 billion.

The $80 level is the most critical point right now. As we mentioned earlier, there are many people looking to break even above this level.

If SOL can firmly hold $80, the next target is the $95 to $100 range, which would be a true signal of a breakout.

If it fails to hold and falls back, $75 remains support, where buyers are waiting.

Overall, I am optimistic about SOL. Fundamentals are improving, capital is flowing in, and the key is whether it can clear the $80 hurdle. #SOL $SOL