Solana (SOL) Price Consolidates Near Key Support Zone

Solana (SOL) is trading near $75 as it holds key support in a broad range, according to data from Blockonomi. The token has been consolidating rather than establishing a new trend since a sharp sell-off.

A breakout above $81 could open a path toward $276, according to crypto analyst The Boss. The analyst pointed out that buyers and sellers are struggling for control in the current range, with repeated rejections near resistance.

Solana leads all chains in tokenized stock deployment with a 64.5% share, ahead of Ethereum at 13.5%. In addition to its dominance in tokenized stocks, Solana also added $378.2 million in tokenized U.S. Treasury bills over the past 30 days.

The analyst outlined targets at $113, $138, and $184 if a move above $81 is confirmed. A break below support would weaken the recovery case instead of strengthening it, according to The Boss.