Solana Holds Steady at $102.75 as RWA Holders Reach New Milestone

Solana's price prediction for September 9 is bullish only if it holds above $103.35, according to analysts.

$SOL dipped 1% today, trading near $102.75 after a sharp breakout in late August took it from the $70s to a high of $109.65 in weeks. The Supertrend indicator is currently at $103.35 in sell mode, meaning today's pullback keeps Solana just below the level that would flip it back to a buy signal.

The upgrade of Transaction v1, which raises the maximum transaction size from 1,232 bytes to 4,096 bytes, is expected to be beneficial for developers. However, analysts warn that losing $98.76 risks a pullback toward $89.98, especially if ETF outflows continue.