$74 SOL—do you dare to chase it?



First, look at the surface: the monthly chart is still down 26%, but the price already can’t bounce anymore?

Wrong. Over the past week, SOL has strongly rebounded from 62 to 74, trading volume has expanded in sync, and the early signs of a technical double bottom are starting to take shape. But retail investors are still scared: June’s historical seasonality has been weak, pump.fun needs to unlock, and BTC is still hovering around 66.6k.

First thing: Solana is no longer the “meme chain” you remember.

Do you think SOL is still propped up by “dogs, cats, frogs” to carry the show? Wake up.

Total value in RWA has surpassed $3 billion, accounting for 97% of tokenized stocks. Even SpaceX shares are on Solana.

Mastercard uses Solana for AI Agent payments—global payments giants personally step in.

Official sponsor of the 2026 World Poker Championship, supporting zero-fee crypto purchases.

Over 3 million daily active users, and DEX trading volume keeps exceeding Ethereum.

Second thing: the Alpenglow upgrade—aiming at 150ms finality.

Solana is pushing forward with the Alpenglow upgrade, targeting a final confirmation time of 100–150 milliseconds.

Now SOL is already fast enough. What happens if you cut it down to 0.1 seconds?

The order-book speed of traditional exchanges. High-frequency trading, institutional market making, global settlement—scenarios that used to belong only to Nasdaq will run directly on Solana.

Third thing: the technicals tell you that 62 is the real floor.

Open the daily chart: bounced from 62, with a volume-backed bullish candle plus a long lower shadow—an archetypal double bottom / W-bottom reversal structure.

On the 4H chart: higher highs and higher lows, with buyers actively defending in the 66–68 zone. RSI has moved out of oversold but not into overbought yet—there’s still room.

The rebound has only just started, but don’t chase at 74—wait for a pullback.

The battle between bulls and bears—you decide.

One side says:

RWA breaks $3 billion; SpaceX, Mastercard, and WSOP move in

The Alpenglow upgrade is imminent, with performance doubling again

Stablecoin supply at 16.4 billion, on-chain activity at historical highs

Technical double bottom + a volume-led rebound; the pattern is bullish

Monthly chart down 26%—the shakeout is thorough, and the rotation of chips is clean

The other side says:

June’s historical seasonality is weak, with negative returns on average over many years

Token unlocks for projects like pump.fun, bringing near-term selling pressure

The Fed is more hawkish; a high-interest-rate environment suppresses valuations

If BTC can’t hold 63k, SOL will drop even harder

Key level is 73.75—only 4 bucks away from the breakout level at 78

Resistance overhead: 75–78 → 85–90 → 100–110

Support below: 68–70 → 65–66 → 62

For short-term traders:

Wait for a pullback to 68–71 and enter in batches; stop-loss at 65. First target: sell half at 78–82; if it breaks 85, add more and look for 90–100.

For swing traders:

Take a small long position at the current price; add more at 65–68, and go heavier at 60–62. Stop-loss if the daily close breaks below 60. Target 100–150—use dynamic take-profit to stay in. With the Alpenglow upgrade landing + ongoing ETF inflows, there’s still plenty of upside.

For long-term believers:

Dollar-cost average blindly below 70. SOL dropped from 293 to 62—down 79%—but adoption is 5 times stronger than in 2024. Target by end of 2026: 150–200, betting on institutional-grade infrastructure + an RWA explosion.

SOL right now is like SOL in 2023—

99% of people thought “after the FTX collapse, Solana will go to zero,” but it went from $8 to $293.

It’s not that Solana isn’t working—it’s that you keep cutting and selling at the lowest points. #我的Gate交易时刻 #TradFiCFD黄金大师赛 $BTC $ETH $SOL
BTC0.32%
ETH2.51%
SOL3.43%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned