Solana: Meme Coin Surges 6000% After Arrests

Solana meme coin exploded 6000% after its creators were arrested for an alleged rug pull, drawing fresh attention to post-rug pull recoveries in the ecosystem. SOL currently sits at $84.01 inside a bearish structure with EMA50 resistance at $85.44 and EMA200 at $86.54, while MACD registers a death cross at -0.44 and RSI holds neutral at 43.83. Price remains trapped between Bollinger support of $83.08 and upper band resistance at $86.69, pointing to a likely test of the 50-EMA before any sustained move. This event feeds directly into ongoing SOL price prediction debates and broader crypto market crash narratives that have dominated the last twelve months.