Solana price prediction: Will $75.64 resistance hold as SOL trades up 1.18%?

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Solana gains 1.18% today to $73.91

Highlights

Toss Bank and the Solana Foundation have partnered to pilot stablecoin-based overseas remittances, signaling Solana’s push into real-world finance.
Solana is strengthening institutional adoption, posting record 24-hour application revenue of $2.8 million and surpassing Bybit in spot trading volumes.
SOL shows strong near-term bullish momentum with buyers dominating, expected to consolidate between $72.18 and $75.64 over the next several days.

Institutional adoption and network revenue drive Solana's market share gains

Toss Bank has entered into a memorandum of understanding with the Solana Foundation to test blockchain-based remittance and settlement infrastructure, beginning with a proof of concept utilizing stablecoin-powered overseas transfers, according to Crypto. This collaboration underscores the expansion of Solana's real-world financial applications and highlights its growing traction among institutional partners. Additional momentum stems from Solana's network recording the highest 24-hour application revenue at $2.8 million, as reported by Panewslab, and surpassing Bybit in spot crypto trading volume across global exchanges, according to Coinfomania, pointing to robust network activity and increased utility.

Mixed indicator signals as intraday buyers dominate above support

On the technical front, SOL is trading above its hourly MA-20 at $73.75 and MA-50 at $72.84, with immediate support marked by the Ichimoku Kijun at $73.54, while remaining below the long-term MA-200 at $97.45. The MACD and ADX both confirm strong buy momentum, and Bull/Bear Power (BBP) is in buy mode, suggesting buyers dominate the intraday setup. The RSI stands at 51.76, positioning it in neutral buy territory, while both Stoch RSI and CCI are neutral, indicating little directional bias from oscillators. The Awesome Oscillator also supports the existing upward trend, but the mix of neutral indicators points to underlying divergence within the current bullish momentum.

Consolidation risk persists as bullish breakout edges higher

Over the next two to three trading days, SOL is expected to remain within a typical volatility band of $72.18 to $75.64. The baseline scenario anticipates continued consolidation inside this corridor, with a very high probability of an upward price move and a low likelihood of near-term decline. A bullish breakout above $75.64 could signal a further advance, while a breach below immediate support may lead to a bearish scenario.

Viktoras Karapetjanc, expert at Traders Union, sees meaningful upside in Solana, supported by institutional adoption and robust ecosystem revenues. He believes the Toss Bank partnership signals real-world utility and builds a stronger case for ongoing network demand. Recent dominance in both application revenue and spot trading volume further confirm the platform’s expanding footprint. Karapetjanc expects consolidation with momentum favoring a bullish breakout in the coming days. "With Solana’s fundamentals and positive institutional sentiment aligning, I see further gains as probable if current support holds."

Previously it was reported that Morgan Stanley is advancing plans for spot Solana ETFs with highly competitive fees, indicating mounting institutional interest and potential regulatory approval for Solana-based products. The combination of Toss Bank’s collaboration with the Solana Foundation and surging network usage adds momentum to SOL’s institutional narrative, with traders advised to monitor the $75.64 resistance as a key breakout level for a potential new leg higher.

Source of Data: SOL Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.