Crypto
Solana Price Struggles at Daily Pivot Amid Mixed Momentum
Solana's price is currently sitting at $76.83, almost exactly on its daily pivot of $76.86.
This level of market indecision is present across multiple timeframes, with short-term momentum building a case for continuation while the broader daily trend still carries the scars of a deeper drawdown.
The daily EMA200 sits at $89.36, more than $12 above current price, confirming the bearish trend structure.
On-chain activity is surging: PumpSwap fees jumped 87.35% in a single day and Raydium AMM posted 30-day fee growth of 82.79%.