Everyone thinks $SOL ‌ is dead, but this range is telling a different story. We’ve been bleeding for months and the 90-day stats are pretty ugly, down almost 40%. But if you look at the daily chart right now, we’re actually forming a decent floor around that 78 to 80 dollar zone. It’s a boring sideways grind, but boring is usually where the smart money accumulates. We just hit 88.35 and there’s some clear resistance sitting right at 92. If we can’t clear that, we’re just going to keep bouncing in this box. Volume is still a bit thin, so I’m not expecting a moon mission today. I just want to see if we can hold this higher low. The order book is actually leaning slightly bullish with more bids than asked right now. I’m watching that 92 level like a hawk. If we break it, things can get interesting fast. Are you buying this dip or waiting for 70? #EthereumFoundationAdvancesDVT-liteStaking

Based on Solana's meme token Bonk (BONK) is approaching a breakout from a descending wedge pattern. If the closing price exceeds $0.0000061, the price could rise by 22% to $0.00000745. Large investors are increasing their holdings; over the past week, the top 100 wallets and whale holdings have grown by 0.63% and 6.07%, respectively. The token has increased by 4.5% in 24 hours to $0.00000594, with trading volume surging over 19% to $60.61 million.

According to Bloomberg ETF analyst James Seyffart, despite Solana attracting $540 million in institutional inflows, far surpassing Ethereum and Litecoin, its trading price remains close to $87. However, the Chaikin Money Flow indicator shows a bearish divergence, indicating that its underlying momentum is weakening, with a 10% potential downside risk. Analysts point out that to break this bearish pattern, SOL must break through the $92 resistance level to close above it, which may require a broader market rebound led by Bitcoin.