Overview

• SOL trades near $209–$212 after a weeklong slide of more than 10%, with strong 24‑hour volumes reported across multiple venues.
• Short‑term charts show resistance around $222 with prices below key averages, yet a TD Sequential double buy and oversold RSI readings flag rebound potential.
• A decisive hold above the $200–$210 band could open a move toward $218–$228, whereas failure below $200 risks deeper targets highlighted as low as the $184–$193 area.
• On‑chain activity has shifted away from memecoins, now under 30% of DEX volume, as stablecoin swaps climb to roughly 58% and Solana’s stablecoin base nears $12 billion.
• Reports cite accumulating treasuries and staking, tokenized RWA value near $671 million tied to BUIDL inflows, and a Kazakhstan stablecoin initiative on Solana with Mastercard noted by crypto outlets.