Solana's Price Volatility Continues as Network Fundamentals Expand

Solana's price has been on a rollercoaster ride recently. After slipping below $100, it is now trading around $98.30, down roughly 2.2% on the day and about 4.7% over seven days.

The immediate line to watch is $100, which Solana has already tested several times this month. A convincing reclaim of this level would not immediately put Solana back into a full bull trend.

However, if SOL manages to clear the $106-$110 resistance area, it could be a strong indication that buyers are regaining momentum. Beyond that, Coinpaper's earlier technical work identified roughly $117-$120 as the next significant hurdle.