Solana Tests Support as Wave 4 Triangle Extends Lower

Solana is trading near $100.78 as it tests support against sellers, while a Wave 4 triangle leaves room for another lower move before recovery continues.

The euro stablecoin market has grown beyond $806 million across 20 chains, with Solana holding 15.2% and Ethereum controlling most of the market share.

Rising stablecoin activity supports Solana's network relevance, but the technical setup shows unresolved short-term selling pressure.