Solana (SOL) is maintaining its bullish structure as buyers defend the critical $73–$75 support zone, with the token trading at $75.48 and a market capitalization of $43.98 billion. According to analyst EliZ, SOL has broken above resistance and is consolidating, with potential targets at $80 and $85 if support holds. On the network side, Solana processed nearly 1,944 transactions per second, ranking as the fastest blockchain this week ahead of Internet Computer (ICP) at 1,386 TPS and BNB Chain at 192 TPS.
Solana (SOL) is holding its bullish structure as buyers defend key support and maintain recovery momentum. Continued strength could drive further upside, while its strong transaction capacity highlights growing scalability.
At the time of writing, SOL is trading at $75.48 with a 24-hour trading volume of $818.11 million and a market capitalization of $43.98 billion. The price structure and network growth point to a bullish reversal ahead.
According to analyst EliZ, Solana has followed the bullish setup previously identified, breaking above resistance and extending its recovery. The Solana price is now consolidating above the breakout area, indicating that buyers are defending their recent gains.
The $73–$75 zone has emerged as critical support, and holding this region keeps the broader bullish structure intact. Additional bullish validation will make it easier for Solana to advance to $80 as its next important target.
A clear breach of the $80 mark would then open the path toward the $85 level. A consistent decline below $73–$75, on the other hand, would invalidate the formation.
Data shows Solana is completing transactions at a speed of 1,944 TPS, positioning it as the fastest blockchain this week. The second-fastest network, Internet Computer (ICP), processes transactions at 1,386 TPS, while BNB Chain takes third place with roughly 192 TPS.
The gap between these platforms underlines the competition between projects when it comes to scalability. Despite the bullish price predictions and network growth, Solana is still moving in neutral territory.
The future move for Solana depends on the level of defense that buyers keep on the $73–$75 support zone. If they defend it, movement toward $80 and $85 becomes possible, while a decisive move below $73 will invalidate the formation.
