Solana: Strongest Weekly Close in 7 Months

Solana delivered its strongest weekly close in seven months after surging 46% in August on more than $1.3B in Solana ETF inflows and record institutional demand, returning the token above $100.

Price action on the 4h chart shows $SOL at $101.98 holding above the EMA50 at $100.15 while the EMA200 at $87.18 anchors the broader bullish structure; with RSI at 44.94 remaining neutral and MACD printing a death cross at 0.82, the token sits inside the Bollinger Bands and tests the lower band support at $101.63, suggesting a brief consolidation before any push toward the upper resistance at $108.27.