Solana surged by over 5% in 24 hours to trade at $106.71. The price broke above the key $97.37 resistance level on August 24, 2026, a level it had not been able to breach since early February 2026. The daily RSI at 81.31 places the chart firmly in overbought territory, while the weekly RSI at 60.37 indicates there is still room for the broader bullish trend to continue. This momentum is supported by a governance vote that could reduce future SOL supply and sustained inflows into spot Solana ETFs.
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