$76.83: Solana Crypto Trades Near Daily Pivot as Bearish Trend Remains Dominant

Solana crypto trades at $76.83, sitting almost exactly on its daily pivot of $76.86, signaling market indecision across multiple timeframes.

The broader daily trend still carries the scars of a deeper drawdown, with the EMA200 sitting at $89.36, more than $12 above current price, confirming the bearish trend structure.

Rising on-chain activity could be a fundamental counterweight to the technical picture: PumpSwap fees jumped 87.35% in a single day and Raydium AMM posted 30-day fee growth of 82.79%.