
Solana holds above $100 as network DEX fees jump 397%
- —Solana at $100.77, EMA20 at $99.94 — critical support
- —Raydium fees +397%, Orca +223% over 30 days per DefiLlama
- —Daily RSI neutral at 54.36, MACD histogram negative (-1.17)
- —Crypto market capitalization fell 2.27% to $2.649 trillion
Why it matters: Rising DEX fees with a sideways price could signal hidden accumulation, but a break below $99.94 would cancel the bullish scenario.
Source: The Cryptonomist (IT)