SOL Tests Key $74 Level as Solana Payments Smash $94.32M Record
Solana tests key $74 support as payment card volume reaches a record $94.32M, signaling growing network adoption.
Solana is holding a critical line in the sand near $74.
The token is squeezed inside a symmetrical triangle pattern on the charts. Traders are eyeing this level as the structure narrows toward a breakout.ย
At the same time, Solanaโs payments network just posted a record month. Consumer card top-up volume hit an all-time high of $94.32 million in May 2026.
SOL Price Action Signals a Coming Move
Analyst Cryptorphic flagged the setup, pointing to a large symmetrical triangle forming on SOLโs chart. Price is currently testing the lower trendline near $74, a level that has held as support through recent sessions.ย
$SOL is currently squeezing inside a large symmetrical triangle, with price now testing the lower trendline support around $74.
The structure is getting tighter, so Iโm expecting a bigger move soon. A clean bounce from this support could send SOL back towards $78โ$80, while aโฆ pic.twitter.com/nW9tT1hd3R
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