Crypto
Solana Price Eyes Key Resistance Zone Near $80
Solana's price has stabilized above $74 after a slight uptick of 1.16% over the past 24 hours, according to CoinMarketCap data.
The token is currently holding onto a key support zone that traders believe could be the base for further gains, says analyst BitGuru in a post on X.
BitGuru notes that buyers are defending this support area, which has strengthened market sentiment and kept the price above the reversal zone.
Some analysts expect Solana to test resistance between $78 and $80 if buying continues, with traders watching for signs of sustained demand near current prices.