Solana lags behind most mainstream encrypted assets this week. Data from Santiago show that the market ' s perception of SOL has risen to its highest level since 2026, and the availability has fallen to a low level during the year. However, chain-based financial flows and network activity continue to send different signals.

The deal is down to low.

Over the past week, most mainstream encrypted assets have increased by about 3 to 4 per cent, but SOL has fallen by about 3.5 per cent, making it one of the more underperforming high-market tokens. According to Santiment, extreme pessimism often means that part of the short-line sale has been released, and price volatility may be magnified if additional purchases enter.

The article mentions that the volume of Solana ' s transactions has fallen to approximately $2.27 billion, the lowest level since this year. Declining in trade usually means greater market viewing, and also reflects the current cautiousness of both sides.

Pump.fun continues to sell

An important reason for the recent pressure on SOL is the continued exchange and sale of revenues by Pump.fun. According to Arkham, the platform was sold on a single-day basis at a scale of close to $10 million, with a cumulative total of approximately $780 million.

Of these, one transaction at the end of May involved approximately 100,000 SOLs, or approximately $8.3 million at current prices. The difficulty for the buyer to push up the price has also increased, as such sales will continue to release new supplies to the market.

79 to 85 dollars of interest

In spite of weak price performance, Solana remains ahead of the chain in terms of trade dynamism. DeFi data show that Solana has been ranked first in the last 24 hours, 7 days and 30 days of de-centre exchange transactions, with the DEX trading volume of the past 24 hours standing at approximately $2.44 billion, up from $1.58 billion in Taifung.

According to analysts Ali Martinez, some of the technical and chain indicators are improving. It is mentioned that the SuperTrend indicator has changed to more. The chain data show that between 24 June and 3 July, about 1.5 million SOLs were displaced from the centralized exchange; during the same period, approximately 1.6 million new addresses were added to the Solana network.

However, between $79 and $85 above remains a relatively heavy trade-intensive area. The article refers to URPD data that about 105 million SOLs have changed hands in this area. If prices break through this area, market concerns may turn to $100 and $127; if $74 is lost, the next critical support is close to $53.