Solana (SOL) token climbs above key support as volume surges

Solana (SOL) is trading around $74, up roughly 1% in the past 24 hours, with a 24‑hour trading volume of about $1.86 billion. Analysts note the token is holding a crucial support zone, which they view as a base for further upside. BitGuru posted on X that buyers are defending this level and expect SOL to test resistance between $78 and $80 if buying continues.

The network has also launched the AUTO token, which tokenizes U.S. near‑prime auto loans, giving crypto investors exposure to the auto‑loan market.

A separate technical analysis from a European source shows SOL at 73.62 USDT, below the 20‑, 50‑ and 200‑day exponential moving averages. The RSI sits at 43.8, indicating bearish momentum and “Extreme Fear” sentiment on CoinGecko. Key support is near $72.99, with resistance around $74.77.