🟢 SOL Update — 23 Aug 2026
SOL: around $94 today.
Momentum: 🟢 Strong — SOL has pushed above the $90 area after a strong weekly rally.
ETF demand: U.S. spot SOL ETFs saw about $15M net inflow on Aug. 20, signaling renewed institutional demand.
Network: Solana recently recorded 112M daily non-vote transactions, while tokenized equities on the network passed $465M.
Key levels:
🟢 Support: $90 → $88
🟢 Strong support: $80–$83
🔴 Resistance: $98 → $100
🚀 Break & hold above $100 → $110–$120 possible.
⚠️ Lose $88 → possible retest of $83/$80.
Bias: 🟢🟢 Bullish. Above $90, structure looks positive; a clean $100 breakout would strengthen the next-leg setup.
SOL: around $94 today.
Momentum: 🟢 Strong — SOL has pushed above the $90 area after a strong weekly rally.
ETF demand: U.S. spot SOL ETFs saw about $15M net inflow on Aug. 20, signaling renewed institutional demand.
Network: Solana recently recorded 112M daily non-vote transactions, while tokenized equities on the network passed $465M.
Key levels:
🟢 Support: $90 → $88
🟢 Strong support: $80–$83
🔴 Resistance: $98 → $100
🚀 Break & hold above $100 → $110–$120 possible.
⚠️ Lose $88 → possible retest of $83/$80.
Bias: 🟢🟢 Bullish. Above $90, structure looks positive; a clean $100 breakout would strengthen the next-leg setup.