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The Daily Verified Briefing

Markets

Solana SOL tests support after rejection near $98 amid weaker on-chain activity

Published 22 May 2026

Solana's native cryptocurrency, SOL, is testing key support levels after failing to break through significant resistance, with analysts pointing to a mix of technical weakness and softer on-chain activity. The token is trading around $84 to $86, having retreated from a rejection near the $98 mark in early May.

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