Solana price today stuck $20 below EMA200 as on-chain fees crater

As of July 31, 2026, the Solana price today sits at $73.62, with SOL trading below all key moving averages. Extreme Fear grips the broader crypto market, capping every recovery attempt under overhead resistance and leaving bulls without a clear catalyst.

Key takeaways

• SOL trades at $73.62, below its EMA20 ($75.40), EMA50 ($76.08), and EMA200 ($94.16) on the daily chart.
• The daily RSI at 43.8 and a negative MACD cross confirm bearish momentum with no divergence in sight.
• Major Solana DEXs posted significant fee declines, with Orca down 50.26% over 30 days and PumpSwap down 28.1% in 24 hours.
• A daily close below $72.99 would likely accelerate selling, while reclaiming $75.40 is the minimum requirement for any bullish recovery thesis.

The Daily Chart Confirms a Fully Bearish Regime

The daily chart confirms a fully bearish regime, with SOL closing at $73.62 while its EMA20 sits at $75.40 and EMA50 at $76.08. Price remains stranded below both short- and medium-term moving averages, which means every bounce should be treated as a selling opportunity until proven otherwise.

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