SOL/USD

Solana keeps outperforming the broader altcoin complex on days when Bitcoin is stable and underperforming badly when it is not — beta is running close to 1.6 against BTC over the last thirty sessions. Network activity is the offsetting positive: fee revenue has held up even as prices chopped sideways.

The $75 shelf has been defended four times in three weeks, which is the anchor for our constructive three-month path. A close below it would break the pattern of higher lows that has been in place since June and would flip the medium-term model to neutral.