Just been looking at SOL's price action and it's at an interesting spot right now. We're hovering around $86 testing this resistance zone between $84-87, with support holding down at $78-81. A bunch of Fibonacci levels are stacked in this upper zone which could make a clean break tough, but if we do punch through, next target would be around $87-88.



What's catching my attention though is the on-chain data completely disconnecting from price. Solana just wrapped up a $1.1 trillion quarter in economic activity—first time ever hitting that mark. Active addresses are running at 5.5-5.8 million, which is way up from the 3-4 million we were seeing late last year. Transfer volumes have been spiking to $70-75 billion daily, and transaction count hit 25.3 billion for the quarter.

So there's clearly serious network activity and capital movement happening, but the solana price hasn't really caught up yet. Some analysts are pointing to a megaphone pattern on the weekly that could target above $1,000 if it breaks properly, though that's obviously a longer-term scenario. For now though, the immediate play is whether solana price can hold that $78-81 support or push through the $87 resistance. Network is definitely doing its thing—just waiting for price to follow.
SOL0,78%
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