Spot SOL Update | 23 Feb 2026

$SOL #SolanaStrong $SOL

SOL
SOLUSDT
76.06
-4.49%

#solonapumping

SOL down 7.5% in 24h – volatility increases as price drops from $85.03 to $78.78.

🔹 Strengths:

• ecosystem keeps expanding (DeFi, NFTs, institutional interest).

• RWA market on Solana exceeds $1.7B, boosted by products like BUIDL and USDY.

• Strong network usage with $27M fees in 30 days.

⚠️ Risks:

• Whale sold 50,000 SOL (~$3.9M).

• Hidden bearish divergence + RSI weakness.

• Community discussing possible “bull trap.”

Conclusion: Short-term pressure remains, but long-term fundamentals stay strong. 🚀