#Solana SOL Price News & Insights Today 7-2-2026 - Technical analysis of #SOL, focusing on market structure, key support and resistance zones. Video by More #Crypto Online.
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As of February 7, 2026, Solana (SOL) is trading at approximately $86.13, reflecting a daily increase of about 4.36%. Despite this intraday recovery, the asset has faced significant downward pressure throughout early 2026, recently retracing from highs near $143 in mid-January to multi-month lows around $70.58 earlier this week.
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Solana Insights
-ETF Momentum: In a notable divergence from broader market trends, Solana spot ETFs recorded net inflows of $2.82 million on February 5, while Bitcoin and Ethereum funds saw substantial outflows.
-Institutional Forecasts: Standard Chartered recently adjusted its end-2026 price target for SOL to $250 (down from $310), citing the time needed for the network's next major use cases to mature, though it remains bullish on long-term structural advantages.
-Technical Outlook: The current price action is described by some analysts as a potential "dead cat bounce" due to low trading volume. Immediate resistance is identified at $87–$100, with critical support holding near $70.
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