Solana Price Tests $105.67 Resistance Amid Surging DeFi Activity

The Solana price today has been testing the $105.67 resistance level as on-chain activity surges across its DeFi ecosystem.

As of September 9, 2026, SOL trades around $104.76, with bulls defending a critical support zone amidst a broader crypto market dip of 0.57% to roughly $2.72 trillion, according to CoinGecko.

The daily trend is bullish, with EMA20, EMA50, and EMA200 aligned upward, but the MACD histogram is negative at -0.61, signaling fading momentum.

Solana's DeFi activity is heating up, with Raydium fees jumping 363% in a month, while Orca DEX posted an 80.78% monthly gain in fees.