Key Takeaways
- SOL gained 15% weekly, reclaiming its 50-day average.
- Daily transactions sits around 137.5 million, near yearly highs.
- Alpenglow test data shows finality near 110 milliseconds.
- The 100-day average at $80.54 is the level to watch.
SOL trades at $80.98 at the time of writing after a 15% weekly gain according to CoinMarketCap data, the strongest in the top ten. The bounce started from the June low near $62 and has now done something the March and May rallies could not: it climbed back above the 50-day moving average at $75.31 and is sitting right at the 100-day at $80.54, the line that rejected the last two recovery attempts.
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