Solana Price Stalls at $102.93 Amid Cooling Crypto Market
The Solana price today is holding steady at $102.93 as of September 8, 2026, amidst a cooling phase in the crypto market. The daily uptrend remains intact, but momentum indicators suggest that the trend is slowing down rather than accelerating.
On the daily chart, Solana's price is above all major moving averages (MA), including EMA20 at $98.79, EMA50 at $90, and EMA200 at $89.26. The Relative Strength Index (RSI14) is at 61.1, indicating healthy momentum, but the Moving Average Convergence Divergence (MACD) histogram has turned negative at -0.6, signaling cooling conditions.
The hourly chart shows a different picture, with neutral-to-weak conditions and bearish MACD readings across the board. The RSI14 is at 38.78, leaning towards weakness, suggesting that short-term sellers have had the upper hand recently.
Despite these mixed signals, Solana's DEX fees have surged over the past 30 days, with Raydium up 316.68%, Orca up 233.26%, and HumidiFi up 122.81%. The total crypto market cap has dropped 3.78% in 24 hours, while the Fear & Greed Index sits at 69, classified as Greed.