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Crypto

Solana Stuck Below $74 Amid Mixed Signals and Outflows

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SOL
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Solana's price struggles to break above $74 as institutional demand via ETFs remains strong, despite recent outflows and mixed technical signals.

The token fell below its 100-day moving average, indicating a bearish mid-term trend, with immediate resistance around $79-$80.

Ecosystem developments, including corporate adoption and new staking projects, support long-term fundamentals, but price action remains range-bound as traders watch key support at $68-$72 and resistance near $79-$80 for direction.

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